Islamic Banking & Retail Customers

Over the past few years, Islamic Banking on a retail level has become more and more standardised in many Muslim countries due to a greater involvement from market regulators and standard setting bodies.  Within some jurisdictions the differences between the...

Africa & Islamic Finance

The maternal side of my family have been settled in Africa for over 100 years and I spent 8 years of my life living there. Here are 5 reasons why I believe that Islamic Finance (not solely Islamic banking) has a huge potential in Africa. 1) There exists large Muslim...

Islamic Finance Industry Reflections

Alhamdulillah A couple months ago I completed a decade working full-time in Shariah within the Islamic finance industry. I am truly grateful for the opportunities that I have been blessed with especially in an area where it is not so easy to get practical experience....

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...