Islamic Finance

© Islamic Finance Today The purpose of this article is to provide a comparative analysis of the existing Stock Exchange and Shares system proposed by Islamic scholars with its practical aspects. Further, a proposal for stock trading under an Islamic system is also given here History of Stock Exchange The Stock market is the place where shares of common stock …

Beata Paxford is a lawyer and Ph.d. candidate in Banking Law.  Beata is currently writing her dissertation on Islamic Banking at Warsaw University in Poland. She is an Islamic Banking advocate in Poland and hopes to popularise Islamic banking in the CEE countries. © Islamic Finance Today Recent developments In the light of the recent bankruptcies of some leading banks, …

An Answer to the Global Financial Crisis Dr.Imamul Haq & Fayaz Ahmad Lone, Aligarh Muslim University, India© Islamic Finance Today Present Crisis:As we all know, the present global financial crisis primarily arose as a result of the subprime mortgage crisis of the preceding period. Many USA mortgages issued in recent years were made to subprime borrowers, defined as those with …

–    A post war view of the Sri Lankan economy and the role of Islamic Finance in it Muath Mubarak presently works for First Global Group, a Sri Lanka-based conglomerate of companies involved in the Islamic finance industry. He is a Final level student of CIMA-UK and Associate Fellow Member of Institute of Islamic Banking and Insurance (IIBI)  – UK, …

Although the Islamic mode of banking is mandated and adopted by the Islamic Republics of Iran , Pakistan and Sudan, the supply of innovative Shari’a -compliant products has been primarily led by the private sector .In fact , private Islamic banks as a group are becoming some of the largest private -sector financial institutions , with growing networks through branches …