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 […]
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 […]
World without Muslims
Source: Dr Syed Basharat of Germany Ian Bremmer, a Political Scientist and a University professor highlighted an important point that overall, Muslims account for just 0.00625%. Moreover, he had a […]
Rationalizing halal tourism: A neuroeconomic view
Wahyu Jatmiko and Azizon – Durham, UK/Coventry, UK / Wed, July 3, 2019 When the National Committee for Sharia Finance (KNKS) was formally established by President Joko “Jokowi” Widodo […]
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 […]
Social impact a high priority for new generation of Islamic economy businesses
Fuelled by the desire to improve the welfare of local farmers and low-income workers, a growing number of Muslim entrepreneurs is implementing ethical business practices and rebuilding local economies even as they maximise profits. Salaam Gateway spoke to three social enterprise founders at the recent Global Islamic Economy Summit (GIES) […]
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 […]
Cryptocurrency traders use old gold in drive to draw Islamic investors
Source: Reuters BY Andrew Torchia, Bernardo Vizcaino DUBAI/SYDNEY (Reuters) – In Dubai’s decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the region’s […]
Islam’s Historical Contribution to Commerce and Finance
By: John M. Hobson Under the reign of Eurocentrism, the Western mind imagines that even if Islam came up with all manner of new ideas and technologies – ideas in […]
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 […]
Zakat requires Muslims to donate 2.5% of their wealth: could this end poverty?
Guardian: Usman, a fisherman in North Sumatra, used to have a rickety fishing boat that could only take him as far as the mouth of the river, just before it meets the sea. He could not catch enough to feed his family of five but last month, he was able […]
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 […]
