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HomeISFIRE Vol 4 – Issue 3 August 2014

ISFIRE Vol 4 – Issue 3 August 2014

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From The Editor

When observing the Doha skyline, one cannot help but recall the image of the New York skyline. Skyscrapers abound, jutting upwards and then falling...

Incorporating Socially Responsible Principles in Islamic Investments – Part 1 The Islamic

The Islamic asset management industry needs to evolve. So thinks Rizwan Malik who believes that the stagnancy of the screening methodology is leading to...

Incorporating Socially Responsible Principles in Islamic Investments – Part 2

“In this second part, Rizwan Malik compares the UN Global Compact with Islamic principles and finds many similarities. These similarities show that Islamic screening...

Social Responsibility in Practice-Wan Miana Rural Development Programme- An ISFIRE Brief

Wan Miana is a village in the district of Sargodha in central Punjab in Pakistan. For many reasons, it is not a typical rural...

Reflections on Islamic Banking by Raja Teh Maimunah

Raja Teh Maimunah is a CEO for Hong Leong Islamic Bank, one of the largest Islamic banks in Malaysia. She has risen through the...

Offshore Services for Islamic Banking & Finance-An Interview with “Trevor NORMAN”.

Q: Please tell us about Volaw. What are its aims, its focus, departments and interest in Islamic banking and finance? Volaw is a privately owned...

Securitization and Trading of Modaraba Pool – Liquidity Management Solution without the use of International Commodity Murabaha

Introduction Every Islamic bank collects its deposits based on modaraba, musharaka or wakala structure. The funds thus collected under these mechanisms are subsequently invested in...

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