FOOD and beverage topped Muslim spending by category last year, exceeding the spending of the world’s largest economies, United States of America (US), China and Japan.
Appetite For Halal Food To Reach $1.9 Trillion By 2021 Read More »
We shall be publishing a series of articles from the revered book “Introduction to Islamic Finance” by Taqi Muhammad Usmani to give readers awareness into the general concepts of Islamic finance. Please direct your specific questions to scholars. Previous: Introduction To Islamic Finance: Setting The Stage Before the details of Islamic modes of financing are discussed,
Introduction To Islamic Finance: Capitalist vs Islamic Economy Read More »
THE The World Bank and the Saudi-based Islamic Development Bank want to increase the use of long-term investments in Islamic finance, tasking the industry with reducing its reliance on Islamic banks in favor of a wider array of institutions.
World Bank, IDB Urge Islamic Finance To Play The Long Game Read More »
A Norwegian bank has proposed a “halal” loan scheme based on Islamic principles which forbid charging interest.
Norwegian Bank Trials ‘Halal’ Mortgage For Muslims Read More »
In addition to starting a business, launching a start-up, getting a job or side hustle and investing, Islamic teachings tell us that Allah will grant us further income in quantity and quality by the following acts: 1. Trust in Allah “If you would trust in Allah as He truly should be trusted, He would surely
6 Ways to Increase Your Income in Islam Read More »
This is a series of articles from the revered book “Introduction to Islamic Finance” by Taqi Muhammad Usmani to give readers awareness into the general concepts of Islamic finance. Please direct your specific questions to scholars. Previous: Introduction To Islamic Finance: Capitalist vs Islamic Economy ONE of the most important characteristics of Islamic financing is that it
Introduction To Islamic Finance: Asset-Backed Financing Read More »
DUBAI INVESTMENTS, a diversified company in which Investment Corporation of Dubai, the emirate’s sovereign wealth fund has an 11.54 percent stake, is leading a group of investors who will set up a $100 million Islamic bank that will list on Nasdaq Dubai.
$100m Islamic Bank Coming Up In Dubai Read More »
2021 Will Be Year Of Economic Growth: Pakistan PM ISLAMABAD: Pakistan Prime Minister Imran Khan said recently that the new year will be a year of economic growth for the country. He said the country was already moving in the right direction with essential industries increasing output. Speaking at an event in Islamabad, the Prime
2021 Will Be Year Of Economic Growth: Pakistan PM Read More »
BOSNIAN banks, food producers and hoteliers are adopting halal standards to tap a fast-growing market thanks to the country’s large Muslim population, an influx of Gulf tourists and growing trade with the Arab world.
Halal Trade, Tourism Booming In Bosnia Read More »
MALAYSIA recently launched the Investment Account Platform (IAP), a cross border multi-currency channel linking into regional and global economies. The Islamic finance market is currently characterised by a collection of domestic markets with little cross border activity, and faces challenges of financial intermediary, that of effectively matching investors seeking Sharia compliant opportunities to businesses
Fintech in Islamic Finance as Malaysia Launches Investment Account Platform Read More »