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GIFR 2012

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The Islamic Banking and Finance Industry

Islamic banking and finance has so far been in bed with capitalistic conventional financial institutions, and has indeed emerged as a torch-bearer of Islamic...

Profit Distribution in Common Mudaraba Pools

Introduction Islamic banks accept hundreds and thousands of deposits on a mudaraba basis and pool them together in a common pool for investment. Normally, these...

Takaful Industry at Global Crossroads

Introduction It has been called the Cinderella of Islamic finance and the rising star of the insurance industry. Takaful, is undeniably a growing global phenomenon...

Innovation in Takaful

Introduction Innovation is defined here as an idea or a process that changes the status quo for the better; bringing positive difference to the way...

Islamic Capital Markets

Introduction Even though the ongoing global economic crisis has continued to make for a challenging environment for the Islamic capital markets, they have increasingly regained...

The Evolution of Shari’a-Compliant Indexes

Introduction The global market for Islamic financial services, as measured by Shari’a-compliant assets, was estimated to be USD1.1 trillion at the end of 2010 according...

Islamic Asset Management in the Asia Pacific

Introduction In the past few years, the world has been affected by a number of incidents that have played significant roles in shaping current financial...

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