ISLAMIC FINANCE REGULATIONS IN MALAYSIA: A MACRO MAQASIDIC APPROACHSoualhi, YounesBouhraouia, SaidAl-Shajarah: Journal of the International Institute of Islamic Thought & Civilization
PAKISTAN: The IBA Centre for Excellence in Islamic Finance (IBA–CEIF) has announced in a statement their new courses for bankers, created in collaboration with Meezan Bank. It includes a basic-level course on Shariah compliant financing solutions for businesses, an advanced-level course on ...
Advocates of Islamic finance claim that it avoided much of the recent financial turmoil because of its prohibitions on speculation and uncertainty, and its emphasis on risk sharing and justice. That does not mean, of course, that the system is free from all risk...
“Islamic finance and ESG investing share similar principles of being a good steward to society and the environment through prevention of harm and attainment of benefits,” says Nor Shamsiah Mohd Yunus, the ninth governor of Bank Negara Malaysia, the country’s central bank. “With many simila...
Zakah has been variously described by scholars as a tool of redistribution of income, a tool of public finance, and of course, as a mechanism of development and poverty alleviation. Rules of Shari[ah are fairly clear and elaborate in defining the nature of who are liable to pay zakah and ...
Market-leading analysis, rankings and editorial commentary - see the top law firms & lawyers in Islamic finance in Malaysia
Shariah compliant bridge finance provider in UK announces new hires MALAYSIA: Bank Negara Malaysia sells short-term Shariah paper worth RM15.38 billion (US$3.47 billion) SAUDI ARABIA: Saudi bank completes offering of Additional Tier 1 Capital Sukuk worth SAR3.35 billion (US$893.33 million) SAUDI AR...
INCEIF, Malaysia INCEIF, The Global University for Islamic Finance, was set up by Bank Negara Malaysia to develop human capital for the global Islamic Finance industry through its academic programmes and executive education, research, consulting and knowledge management services. ...
In their pronouncement approving the structure, the Shari’a Boards expressly took into consideration “(i) the legal constraints under which [this] product is being developed; (ii) the need to further develop the emerging Islamic finance industry as an alternative and viable financing system; (...
It should not be ignored. Business schools should use the tools of the social sciences to understand the social, political, economic and of course religious forces that account for its growth. Presumably Islamic finance and economics dominate the curriculums of business schools across the Muslim wor...