Shariah Board Meetings & COVID-19

Due to COVID-19, most meetings of IFIs are now being held virtually including Shariah Board meetings. After discussing the topic with my peers working in Shariah departments of various IFIs,  in this short post, I will list some of the possible pros and cons of...

Islamic Finance Snapshot (KSA)

I decided to write this post in order to give a brief overview of the Islamic finance industry in KSA to English speakers who might be unaware of how active the industry actually is as KSA is one, if not the largest Islamic finance market in the world.  Retail   KSA...

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 lessons that I would like to share: Lesson 1: The importance of keeping...

High Returns (#2)

After the completion of the blessed month of Ramadan and the joyous day of Eid, we have been gifted with another great opportunity that we should try our best to utilise. It is Sunnah to fast 6 days of the month of Shawaal as the one who fasts 6 days in Shawaal after...

High Returns (#1)

Laylatul Qadr is a night in the month of Ramadan during which worship is better than 1000 months! Hence any legislated act of worship performed during this night such as standing for prayer, supplication, recitation of Quran, dhikr, charity etc., if accepted, will be...

Eid Preparations

As we enter the last 10 days of Ramadan, Eid is nearly upon us. Many of us, if we haven’t already done so, will be busy deciding what new clothes and gifts to buy for our spouses and children. However, it is important to remember not to forget our parents during...