Introduction
To understand the role of Shari’a boards that ensure Shari’a-compliancy of products and services for IFIs, one needs to know the exact meaning of...
Introduction
For decades, banks in the conventional banking world have used pre-packaged software systems to meet their everyday processing requirements. Developing software internally to accommodate...
Introduction
A key goal of trade and enterprise under the Shari’a is to share wealth among the members of the community through moral business practices....
Introduction
The regulation of Shari’a-compliant products and services creates a special challenge for regulators and gives rise to specific issues. These include: the role and...
Introduction
The Islamic finance industry has expanded rapidly. It now branches out into non-Muslim countries in Europe, North America and Asia/Australia and the recent financial...
Introduction
The sub-prime financial crisis was not simply the result of excessive leverage and inadequate capital but also concoction, of a gradual deterioration of business...
Introduction
As a leading international hub for Islamic banking and finance (IBF), Malaysia has always been seen as a jurisdiction which has successfully established its...
