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.

Life’s Blessings!

I was recently without hot water due to a boiler breakdown. While it was only for a couple of days, it was very inconvenient as we are dependent on hot water for so many daily activities, especially...

New Shariah Research Publication

The Shariah Department at Bank AlJazira in KSA has issued a new publication based on the PhD research of my close friend and colleague, Sheikh Dr. Abdulrahman Altaweel, CSAA.The research is an in...

Islamic Finance: Unlocking UK Growth

I was invited to attend a breakfast roundtable at the House of Lords arranged by Gatehouse Bank. The topic of discussion was 'Islamic Finance: Unlocking UK Growth' .As various stakeholders...

“Introduction to Shariah Compliant Investing” – With Nisba Islamic Personal Finance

I was honoured to deliver a short workshop "Introduction to Shariah Compliant Investing" in collaboration with Nisba Islamic Personal Islamic Finance, at Streatham Hill Masjid in South London...

Challenges in New Islamic Finance Markets

In the book "Shariah Minds In Islamic Finance", Tan Sri Dr. Mohd Daud Bakr, after discussing some of the common initial challenges in new Islamic finance markets such as non-confidence on Shariah...

Islamic Mortgages

When it comes to Muslims and their attitudes towards Islamic Mortgages, they could broadly be categorised into four categories. (𝗔) - Those who are not comfortable with Islamic Mortgages from banks...

𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝗦𝗵𝗮𝗿𝗶𝗮𝗵 𝗧𝗿𝗮𝗶𝗻𝗶𝗻𝗴

Alhamdullilah during my time in the Islamic finance industry I've been blessed with the opportunity to conduct multiple Shariah Training sessions to both IFI staff and university students, as well...

Islamic Finance Reading Recommendations (Sheikh Alkhathlan)

Our Ustad & Sheikh, Saad Alkhathlan, a former member of the Council of Senior Scholars in KSA and Shariah Board Member at Alrajhi Bank, had a dars this week in the Haram in Makkah and was asked...

Comprehensive Shariah Governance Frameworks!

Historically regulators in many of the Gulf countries have taken a looser approach to Shariah Governance in the Islamic finance industry as compared to other jurisdictions such as Malaysia. However,...

𝗦𝗵𝗮𝗿𝗶𝗮𝗵 𝗚𝗿𝗮𝗱𝘂𝗮𝘁𝗲𝘀 & 𝗜𝘀𝗹𝗮𝗺𝗶𝗰 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗖𝗮𝗿𝗲𝗲𝗿 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀

One of the most common questions that I get is from Shariah Graduates of Islamic Universities and Islamic Seminaries (Darul Ulooms) regarding career prospects in the Islamic Finance Industry. The...