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GIFR 2011

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The UK Model

Introduction The types of changes required to financial and legal infrastructures to facilitate Islamic modes of finance may seem relatively simple but in reality they...

The Pakistan Model

Introduction Islamic finance has witnessed rapid expansion over the years and can now truly be considered a global industry both in terms geographical spread and...

Regulating Islamic Finance in the USA

Introduction As the Shari’a broadly addresses human activity, so does Islamic finance – in principle particularly – urging a concern for all of creation as...

Taxation of Islamic Financial Products in Ireland

Introduction During 2010, the Republic of Ireland amended its taxation laws to accommodate Islamic finance more favourably. These amendments were aimed to give Islamic financial...

Taxation of Islamic Financial Products in Luxembourg

Introduction For several years already, Luxembourg has been evolving as a global hub for Islamic finance. The Government has been instrumental in putting the measures...

Shari’a Governance

Introduction The recent financial crisis that affected many countries has prompted a call for revision and review of current financial practices. Among the reforms called...

Islamic Finance: When Things Go Wrong

Introduction In order to put into context the disputes that arise out of Islamic finance transactions, it is necessary to first understand the rules...

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