Continued Innovation For Market Relevance And Future Growth
Introduction
Like its conventional counterpart, the Islamic finance sector has had to withstand numerous challenges over the years, most...
This year’s theme of Developing a Distinct and Independent Value Proposition for Islamic Finance (DIVPIF) is GIFR’s boldest yet. Almost half a century since...
Within the conventional responsible finance bond market, a series of labels has been developed to categories issuances of responsible finance bonds. The label used...
MANY PEOPLE BELIEVE THAT ANYTHING SHARI’A-COMPLIANT IS AUTOMATICALLY ETHICAL AS WELL. THEREFORE, THERE IS NO NEED FOR A SEPARATE EMPHASIS ON ETHICS IN ACTIVITIES...
A Possible Existential Crises
Introduction
Most countries of the world have committed to achieving the sustainable developmental goals (SDGs) launched by the United Nations in 2015,...
Post-COVID Policy of Bank Indonesia
Relevance of Moral Values and Halal Sectors in an Islamic Economy
The performance of Islamic economy sector and Islamic financial institutions...
Introduction
When the world is facing twin hazards: health and exacerbated economic uncertainties, desperation is surging to either come out or adjust to the new...
After the Global Financial Crisis (GFC) almost a decade ago, many extraordinary transformations have taken place in the global financial system. A novel coronavirus,...
Ribawi Commodities
If gold, silver, wheat, barley, dates and salt are Ribawi commodities, does it mean other commodities are non-Ribawi?
If gold, silver, wheat, barley, dates...
One important requirement found in regulatory requirements in most jurisdictions is the establishment of a Committee of Shari‘ah expert by Takaful Operators (TO). Depending...
HIS EXCELLENCY AHMED OSMAN ALIGOVERNOR OF THE CENTRAL BANK OF DJIBOUTI
ISFIRE has over the last 10 year featured some of the most distinguished political...
Luisa Evaristo
Luisa Evaristo is the Chief Risk Officer of Etiqa Insurance & Takaful and member of the Senior Executive Committee of Maybank Ageas Holdings...
The phenomenon of philanthropy is dynamic and complex involving different values and activities brought together to produce such a system. Waqf is one example...
Why it matters for Islamic Financial Institutions
Ownership of enterprises has evolved over the years, from investor-owned enterprises, and customer-owned enterprises to employee-owned enterprises. Besides...
BackgroundPoverty is a global issue, and not a national one. However, the issue runs deeper in the developing and underdeveloped countries but even the...
The current pandemic has pushed governments, policymakers, and academicians worldwide to rethink possibilities of designing new financing instruments for socioeconomic development. The COVID-19 pandemic...
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....
It is important to highlight the role of circumvention in Islamic banking and finance, and differences with genuine innovation to provide alternative solutions in...
Creativity inspired by Islam is not typically associated with today’s Muslim world. Dr Naif Al-Mutawa is a pioneer in changing this conceptualization. His comic...
The growth of the Islamic finance industry will depend on the effectiveness of institutions in creating the right product that meets consumer demand and...
The aftermath of the Libyan revolution presents significant opportunities for policymakers in the country to create stronger political and financial institutions. In this transitional...
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 ≤...
