Islamic banking

How Islamic finance and a more ethical capitalism go hand-in-hand: According to Sir Zafarullah Khan

Source: Guardian UK By Sheeza Ahmad …  The mention of Muhammad is significant to understand how today’s Muslims are encouraged to create wealth; supporting the notion of an existing relationship between Islamic business and social enterprise. According to Sir Zafrullah Khan, the former Pakistani politician and diplomat, the Holy Qur’an […]

Islamic banking on radar

BS Reporter / Puducherry Oct 05, 2012 The Reserve Bank of India (RBI) is in correspondence with the government to look into ways to bring in new rules to accommodate the concept of Islamic banking, said Governor D Subbarao. Speaking at the Jawaharlal Institute of Postgraduate Medical Education & Research, […]

Islamic funds seek socially responsible roadmap

By Bernardo Vizcaino SYDNEY | Thu May 31, 2012 May 31 (Reuters) – The Islamic investment sector can widen its customer base by adopting a socially responsible model, according to industry experts, but distribution channels, a sophisticated investor base and incentive schemes need to be enhanced first. The links between […]