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Epistemology of finance: Misreading Smith

  Adam Smith is commonly regarded as the father of modern economics and an advocate of free markets. However, as Dr. Abbas Mirakhor argues there...

Takaful – Time to Come of Age

Self-perception The takaful and retakaful industry is no longer in its infancy – it has experienced the incorporation boom in the early years of the...

Developments in Islamic Liquidity Management

Liquidity needs The global financial crisis demonstrated that the freezing of international capital markets and the significant disruption of interbank and foreign exchange markets caused...

Innovations in Shari’a-Compliant Wealth Management

Global demand-led opportunities The obvious Muslim market: Growing, increasingly significant but fragmented According to the Pew Research Center in 2011,1 the global Muslim population is expected...

Developments in Islamic Capital Markets

Introduction The growth of Islamic capital markets is a direct effect of the growth of the Islamic banking industry. The need for liquidity management...

Dynamic Markets

It is widely agreed among the world's Islamic finance community that Islamic finance is a global phenomenon. Not just in Muslim countries, but non-Muslim...

Islamic Finance Country Index 2013

Introduction In 2012, sukuk issuance reached a record USD144 billion1, a 64% increase from 2011. Total Islamic bank assets in the GCC increased to...

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