Muslims of Sri Lanka. Avenues to Antiquity edited by Dr. M.A.M.Shukri (1986) is one of the most comprehensive works written on the history of Sri Lanka’s Muslim community. This valuable work which comprises a collection of essays by a number of renowned scholars details the growth and progress of Sri Lanka’s Muslim community from the earliest times beginning with Arab …
Read More »Yearly Archives: 2009
The financial meltdown and its implications for Islamic banking By Roshan Madawela – Research Intelligence Unit
The mentality of reckless greed and the resulting spread of toxic financial externalities into the ‘real economy’ can be viewed as being diametrically at the opposite end of Islamic finance, in theory at least. This year has witnessed the most serious break-down in the US financial system in some 70 years. However it is not only the US that has …
Read More »Impending Danger – Islamic Investments in Biotechnology By Muhammad Ibn Wazir
It was only recently that a Bahrain-based investment firm announced the launch of a Nanotechnology Fund, a private equity fund which will invest in shares and equity-oriented securities of companies with a particular emphasis on global nanotechnology companies including technology and biotechnology companies which benefit from nanotechnology. Although we do not wish to deal with the issue of nanotechnology which …
Read More »Clean finance for ‘green funds’, – by Roshan Madawela
Running parallel with the rapid growth in halal banking in recent times has been an equally swift increase in awareness on climate change and its impending consequences. Whilst the goals of ethical financing that is Shari’ah compliant and efforts to shift development and economic growth onto a more environmentally friendly path are compatible, sufficient collaboration is yet to take place. …
Read More »Subprime Mortgage Crisis and Islamic Finance By MKV Nair – Researcher, Monash University Malaysia
Introduction The subprime mortgage crisis, popularly known as the “mortgage mess” or “mortgage meltdown”, came to the world’s attention when a surge in US home foreclosures (repossessions) started in 2006 and spiralled seemingly out of control in 2007 and 2008. It triggered a national financial crisis that went global within two years. It has caused billions of dollars losses to …
Read More »Muslim Heritage in our World
Muslim Heritage in our World is a lavishly illustrated, hardback edition about a golden age of Islamic Civilisation and scientific achievement. With over 370 pages of colour photographs, manuscripts and illustrations, it is a mine of information to be treasured by all cultures A golden age of civilization, from 600 and 1600 CE, will unfold, because medieval Muslims were trailblazers …
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