Islamic Banking & Finance

For the average Muslim, buying a home can be a burden, especially with no recourse to Shari’a compliant financing and reliance on interest-bearing debt....

Durham Islamic Finance Summer School (DIFSS) is one of the most reputable programmes in Islamic finance at one of the oldest universities in the...

Keynote Speech by the President of the Islamic Republic of Pakistan at the 10th Global Islamic Finance Awards - DR ARIF ALVI -   This is...

The renowned British-born American author wrote an interesting book “Start with Why”, which has been an eye-opener for various professionals, policymakers and organisations alike....

REVISITING SHARI’A SCREENINGMETHODOLOGIES Let us consider the S&P Dow-Jones Shari’a screening, which has the following financial screens: Total debt divided by market capitalisation ≤ 33% Cash plus interest-bearing securities divided by market capitalisation ≤ 33% Accounts receivables divided by market capitalisation...

'Indeed, with every difficulty, there is a relief' (Quran: 94.6) The USD2.19 trillion Islamic finance industry, represented by almost 1,400 institutions worldwide (IFSB, 2019)1 faces...

“Islamic finance is not the business for profit, but this (business) is for a purpose; to uplift the teeming millions out of the vicious...