Indonesia could be Asia’s next Islamic Finance Hub
Fauziah Rizki Yuniarti – Jakarta / Tue, January 12, 2021 A Bank Mandiri Syariah employee serves a customer on Sept. 3, 2020 at the Islamic lender’s Central Jakarta office. (JP/Wendra […]
Interview with Dr. Farooq Mahmood: ‘There are inherent contradictions in current day capitalism’ Part I
Dr. Farooq Mahmood ECONOMICS 7th January 2021 Capitalism is sick and the disease is only getting worse. The coronavirus pandemic, unprecedented in its magnitude, is sending a fearsome warning to […]
LAUNCH OF NEW ECONOMICS SECTION: Rekindling the Flame of Morals in Economics
Ahmad Danyal Arif 29th December 2020 THE REVIEW OF RELIGIONS Message from Chief Editor: We are pleased to announce to readers the launch of a new ‘Economics’ section in The […]
How Islamic finance could help pull the UK out of its Brexit and Covid slump
Veteran Islamic banker Iqbal Khan says UK needs to create an enabling environment for Islamic finance to access growth sectors The UK is facing a unique double whammy calamity of […]
Special Interview with Ahmad Salam, Founding Director of Islamic Bank of Britain: Capitalism, Global Crisis, and the Moral Reckoning: Are we Ready to Take the Pain?
The Review of Religions conducted an interview with Ahmad Salam, a career investment banker with 25 years of experience in debt capital markets and investment banking and founding director of the Islamic Bank of Britain, on the subject of the Coronavirus pandemic’s impact on the global economy. He developed an […]
South Africa: Embattled Eskom looks to Islamic-model financing to ease debt woes
Indebted and beleaguered power utility Eskom Holdings is preparing to issue a R1 billion sukuk (Islamic) bond in its efforts to secure alternate funding sources to reduce mounting borrowing costs. […]
Indonesia’s wealth gap spurs Muslims to join ‘economic jihad’
Devout citizens strive to take on tycoons with convenience stores ERWIDA MAULIA, Nikkei staff writer January 28, 2020 16:54 JST JAKARTA — Taufan left his petrochemical job in […]
Debt and the practice of Islamic banks
ABDALRAHMAN MIGDAD Published09.03.2019 A man praying in the Great Mosque in Bursa, western Turkey. Islamic finance is stuck between Islamic values and making a profit on the current system, […]
Pakistan may turn to Islamic banks for second $1.4 billion loan: Official
Pakistan, which has had 12 bailouts since late 1980s, is trying to avert a balance of payment crisis amid dwindling foreign currency reserves and a yawning current account deficit. Reuters@moneycontrolcom […]
Islamic Finance A Potential Boost For Gold’s ‘Safe Haven’ Status
Leslie Shaffer in Singapore | @leslieshaffer1 | October 8, 2018 Gold has long been viewed as a safe-haven play, but despite recent geopolitical turmoil and market fluctuations, the precious metal […]
IBSI Announces Subscription Flexibility !
Path Solutions announced as top Islamic Banking software vendor by IBS Intelligence August 16 2018 Path Solutions, a provider of Islamic banking software systems has topped IBS Islamic Sales League […]
HSBC, Credit Suisse to advise on Kuwait’s KFH, Bahrain’s AUB merger talks
The deal provides a non-binding framework to explore the creation of “a major regional banking institution. (REUTERS) Reuters July 23, 2018 KFH declined as much as 1.3 percent for a […]
Islam’s Historical Contribution to Commerce and Finance
Source: The Muslim Heritage By: John M. Hobson The worst thing ethically and politically is to let [Eurocentric] separatism simply go on, without understanding the opposite of separatism, which is […]
ISLAMIC BANKING … some information …
Islamic Banking The Islamic Financial system What is Islamic Banking? Islamic Banking Principles Rule of Permissibility Prohibition of Interest Other Key Prohitbitions Islamic Economics Order Wealth and Islam Profit-Loss-Sharing and Financing Modes Pricing Transactions linked to Interest-rate Benchmark Islam’s Approach to Ethical Investment Shari’ah Authenticity Shari’ah Supervisory Board [Religious […]
Can Islamic FinTech Help To Power Western Economies?
Lawrence Wintermeyer , Contributor Opinions expressed by Forbes Contributors are their own. Guest post written by Harris Irfan Harris Irfan is Managing Director at Cordoba Capital and author of “Heaven’s […]
The DIY ad kit for Islamic banking
Published in May-Jun 2012 By Adnan Syed Superficiality is rampant in advertising, and is the most obvious in the advertising for Islamic financial services. Let’s face it; the world of advertising is a make-believe world. It is a world built on outward appearances and people ridicule it for its […]
Islamic finance is based on ‘shared prosperity’
Personal Finance | 20 May 2017 Martin Hesse The way Muslims do business is based on free-market economics, but it provides a far more equitable and sustainable economic model than the dog-eat-dog world of Western capitalism. This was a strong underlying message to come out of a recent conference on Islamic banking […]
Islamic Finance
By Y-Sing Liau | Updated Jan 6, 2017 The Koran forbids charging interest or paying it. Yet even strictly observant Muslims can participate in modern-day commerce. They use alternative arrangements designed to comply with sharia, or Islamic law. These financial instruments, in which the buyer and the seller typically share […]
The New Islamic Gold Standard Could Send Gold Prices Skyrocketing
November 17, 2016 From GoldCore: A new Sharia Gold Standard set to debut in December could be the next big catalyst to push the yellow metal to new highs. Islamic Gold – Important New Dynamic In Gold Market Next month, 1.6 billion people will likely have a new ‘gold investment standard’ Islamic […]
PARALLELS BETWEEN ISLAMIC AND ETHICAL BANKING
Professor Rodney Wilson, Centre for Middle Eastern and Islamic Studies, University of Durham Islamic banks often describe themselves as being providers of ethical financial services, but they do not spell out explicitly what is meant by this or its significance. The word ethical is used as a label, and equated […]
