Jan 20, 2025 | Blog, Islamic Finance, Islamic Finance General, Islamic Finance Resources
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 about the best book in contemporary financial transactions.He...
Jan 20, 2025 | Blog, Islamic Finance, Islamic Finance General
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, in recent years the trend in the Gulf has been towards the issuance...
Jan 6, 2025 | Blog, General, Islamic Finance, Islamic Finance General
When I was living in Dubai I remember having a discussion with a close friend of mine. I was surprised to find out that he banked with a conventional bank when there were so many Islamic banks and even Islamic windows available. I advised him to open an account with...
Jan 6, 2025 | Blog, General, Islamic Economics, Islamic Finance, Islamic Finance General
A common topic that I’ve noticed keeps coming up whenever meeting family and friends is how much the cost of living has increased in the last few years. Many people have had to change their spending habits and in some cases quite drastically. Activities that...
Dec 20, 2024 | Blog, Islamic Finance
When people hear the term โIslamic bankโ or โIslamic financial institutionโ, a lot of them tend to make a major assumption that the organisation in question should be a charitable, not for profit entity or that its charges should be very minimal and token in nature....
Dec 10, 2024 | Blog, Islamic (Halal/Shariah Compliant) Investments, Islamic Finance
If any Islamic Financial Institution (IFI) has a Shariah Pronouncement from a Shariah Advisor or a Shariah Committee it means that the individuals who have signed the pronouncement are of the opinion that the product, service or transaction is in compliance with the...
