Jan 12, 2020 | Blog, Islamic Finance Resources
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 research institution which was established by the Central Bank of...
Nov 23, 2019 | Blog, Islamic (Halal/Shariah Compliant) Investments
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 companies can broadly be classified into 3 types which are Pure, Haram &...
Oct 16, 2019 | Blog, Islamic Finance Resources
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 Kingdom of Saudi Arabia. Sheikh Salih Al Fawzan does not really need an...
Aug 18, 2019 | Blog, Islamic Finance Qualifications
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 to discuss the different qualifications on offer by various institutes...
Aug 2, 2019 | Blog, Islamic Finance
The nature of the contractual relationship between a customer and the financial institution is another prominent difference between Islamic financial institutions and conventional financial institutions. The contractual relationship between a customer and a...
Jul 26, 2019 | Blog, Islamic Finance
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 funds with entities with a deficit in funds (through loans/finance)....
