The History of the Prohibition of Interest
AHMED DANYAL ARIFECONOMICS 2nd November 2021 Add Comment ©Shutterstock Ahmed Danyal Arif, UK According to Muslims, each word and every letter of the Holy Qur’an is the word of Allah, […]
The History of the Prohibition of Interest
AHMED DANYAL ARIFECONOMICS 2nd November 2021 ©Shutterstock Ahmed Danyal Arif, UK According to Muslims, each word and every letter of the Holy Qur’an is the word of Allah, revealed to […]
The History of the Prohibition of Interest
AHMED DANYAL ARIFECONOMICS 2nd November 2021 THE REVIEW OF RELIGIONS ©Shutterstock Ahmed Danyal Arif, UK According to Muslims, each word and every letter of the Holy Qur’an is the word […]
How Banks took over the world
Tarek el Diwany on bitcoin, fiat currencies and Islamic Banking … source https://www.youtube.com/watch?v=Pke8PLE9v7c
Indonesia’s ‘born-again’ Muslims quit banks for Islamic finance
With exploitative interest frowned upon in Islamic law, bankers are quitting traditional banks, creating hiring woes. 21 Jun 2021 A rise in religious conservatism in Indonesia is drawing talent away […]
Islamic Finance Elevated Dimension In Banking
The New Nation By Taifur Rahman : Emergence of Islamic Banking system is an elevated dimension in the banking industry for the unique and welfare oriented approach. Currently, there are over 300 Islamic financial institutions (IFI) which are specially centered in the Middle East and Southeast Asia. Europe and the […]
BLOG: The post-coronavirus world will look at sustainability through a new lens
Written by: Maisam Fazal 11/06/2020 Ethical and sustainability issues have been on the agenda for a while, but this year, they’ve seen an unprecedented level of attention. As we emerge […]
OPINION: Islamic finance offers an ethical beacon for global commerce
Personal Finance / 1 July 2019 / Martin Hesse WORDS ON WEALTH: Years ago I wrote an in-depth feature on Islamic finance for Personal Finance magazine, explaining to […]
Islamic mortgage provider targets mainstream ‘ethical’ buyers
Islamic banks are looking to attract green and ethical customers Credit: Per Magnus Persson/Getty Images Adam Williams 5 December 2018 Specialist banks are aiming to broaden their appeal by offering […]
Turkey: Head of leading business group proposes interest-free financing model for investment projects
ELIF BINICI @elifebinici ISTANBUL Chairman of Independent Industrialists and Businessmen Association (MÜSİAD) Abdurrahman Kaan. The burden of interest rates on investors, which harms competitiveness of investors in international markets […]
Sharia courts may have helped bring down the Ottoman Empire
Because the elites of Ottoman society got favourable treatment by the courts during contract disputes they were forced to pay more for credit, hitting rates of investment as the Industrial Revolution took […]
641. Commandment – Do not take interest when you borrow money
Commandment – Do not take interest when you borrow money [2:279] O ye who believe! fear Allah and relinquish what remains of interest, if you are believers.
Loan Sharks and Financial Terrorism: The Wonga Payday Lending Experiment
By Binoy Kampmark Global Research, October 19, 2014 This business has been too focused on growth and cared more about the loan outcome than the customer outcome. Andy Haste, Wonga Chairman, The Guardian, Oct 16, 2014. Keeping people poor in a world of seedy abandonment. Borrowing at phenomenal rates. Loan […]
Learning to understand Islamic Finance: What is ‘Sukuk’ ?
We are just referring you here to Wikipedia: http://en.wikipedia.org/wiki/Sukuk Sukuk: From Wikipedia, the free encyclopediaJump to: navigation, search Part of a series on Sukuk (Arabic: صكوك, plural of صك Sakk, “legal instrument, deed, check”) is the Arabic name for financial certificates, but commonly refers to the Islamic equivalent of bonds. […]