Islamic Finance

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 […]

Financial Inclusion for Muslims in India: How Can Islamic Finance Help?

Source: Indiaprwire Ethica Institute of Islamic Finance, the world’s most heavily-enrolled Islamic finance certification institute, teamed up with their exclusive partner in India, Infinity Consultants to recently deliver “Achieving Financial Inclusion for Muslims in India – How Can Islamic Finance Help?”, a live talk presented by Saif Ahmed, Managing Partner […]

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, […]

Kuwait- Islamic microfinance curbs poverty

(MENAFN – Kuwait News Agency (KUNA)) Islamic Microfinance is a viable means to curb poverty, a specialized report by Kuwait Finance House (KFH) said Wednesday Addressing poverty continues to be one of the greatest challenges faced by governments around the world today. In Islam, a person is considered poor if […]