Rizqonomics

 Islam, Economics & Finance. 

 

Discover more About the Islamic economic ecosystem

We aim to write our posts in a clear and easy to understand manner.

Locking Down Lessons from the Lockdown

With lockdown restrictions being eased across the globe, many will soon be returning to their offices Insha Allah. While the lockdown was an unusual experience for us all, I learnt some valuable...

Islamic Economics/Finance Reading List (#6) – فقه المعاملات المالية المعاصرة

The next book in this list is فقه المعاملات المالية المعاصرة by the renowned Shariah Scholar, Sheikh Saad Al Kathlan who is a former member of the Council of Senior Scholars in the Kingdom of Saudi...

The Importance of Islamic Finance Training in IFIs

One of my passions is teaching and I thoroughly enjoy conducting training and sharing my knowledge of Islamic finance during my free time as I strongly feel that it is an area which is often for...

Islamic Economics/Finance Reading List (#5) – Standards Abstracted (Bank Albilad)

The next book in this list is 'Standards Abstracted' published by the Shariah Board Advisory Department of Bank Albilad (BAB). BAB is an Islamic bank established in KSA which is well known for...

Islamic Economics/Finance Reading List (#4) – ISRA Compendium For Islamic Financial Terms (Arabic-English)

The fourth book in this list is the ISRA Compendium for Islamic Financial Terms (Arabic-English) published by the International Shariah Research Academy (ISRA) based in Malaysia. ISRA is a prominent...

Investing In The Shares Of Listed Companies (#2)

In the previous post we looked at the different categories of listed companies available and the predominant opinions regarding investing in them from a Shariah perspective. We discussed that...

Islamic Economics/Finance Reading List (#3) – A Summary of Islamic Jurisprudence

The third book in this list is الملخص الفقهي/A Summary of Islamic Jurisprudence by Sheikh Salih Al Fawzan, who is a prominent Shariah scholar and a member of the Council of Senior Scholars in the...

Islamic Finance Qualifications (#1)

I frequently get contacted by individuals eager to enter the contemporary Islamic finance industry asking for recommendations regarding the best Islamic finance qualifications.  Insha Allah, I aim...

Similarities & Differences Between Islamic & Conventional Financial Institutions (#8)

The nature of the contractual relationship between a customer and the financial institution is another prominent difference between Islamic financial institutions and conventional financial...

Similarities & Differences Between Islamic & Conventional Financial Institutions (#7)

Financial institutions play a key role in acting as intermediaries in an economy which basically means that they take money from entities with surplus funds (through deposits) and then place the...