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Modern microfinance and similarities with Isl ...
Microfinance was first introduced around 40 years back when most of the banking institutions were busy serving the bigger enterprises and no one designed any financing product for the poor. Microfinan ... |
The concept, structure and implications of be ...
Islam as a religion of peace harmony and tranquility provides care for every fellow follower. In financial matters, Islam offers a very efficient yet subtle form of financing when it comes to taking l ... |
Oil price dynamics and impact on Islamic fina ...
Oil prices rise and fall over the period of time but there must be a certain impact on various finance markets around the globe. In other words, some financial structures benefit more from rising oil ... |
Islamic finance v/s conventional finance in 2 ...
Few years ago the world faced a severe economic crisis which resulted in the great recession after 2002. Although the recession lasted for one year, still it left millions unemployed with bad debts an ... |
Islamic Taxation Theory
Taxation in any economy is the financial backbone to successfully operate the state-run institutions like police, army, and government offices as well as to spend on projects of public interests like ... |
Harmonisation and Regulatory Consolidation of ...
Recent efforts aimed at regulatory consolidations and setting standards have given due recognition to the economic constraints and legal uncertainties arising from the imposition of Islamic jurisprude ... |
The Question of Interest
The word “interest” refers to the fixed increase demanded over and above a sum of loan. At first sight, there does not seem to be any difference between it and rent. However, a deep deliberation r ... |
Luxembourg is emerging as important domicile ...
THE governor of the Banque centrale du Luxembourg, the central bank, Yves Mersch, has called on European banking authorities to familiarize themselves with Islamic banking and stressed that the curren ... |
BNM may allow 2 foreign banks
Awang Adek Hussin, deputy finance minister of Malaysia, speaking on the sidelines of the Islamic Financial Planning and Wealth Management Conference in Kuala Lumpur in November 2009, confirmed that tw ... |
GE Capital Completes First Sukuk Offering of ...
GE Capital, the finance arm of General Electric announced the completion of its inaugural "sukuk" Islamic bond issuance tailored for investors across the Middle East, Asia and Europe. The five-year US ... |
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