2022-2020 Islamic Banking And Finance Latest Posts

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...

Why has Islamic finance remained behind conventional finance despite having been in the market for nearly 50 years? Has it lost the plot or...

WHAT IS MORE IMPORTANT: SHARI’A COMPLIANCE OR CONSUMER PROTECTION? When someone is hit hard on the head, they forget about rationality even if they don’t become...

During the outbreak of COVID-19, the interest rates on both sides of the Atlantic are approaching the base and driving borrowing costs to historic...

OVERVIEW Who would have thought that a “global lockdown” could ever stomp on the history of human civilisation? Not in a million years, as they...