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© Islamic Finance Today Rayan Mohammed graduated with a BA in Economics and Law from the University of Leicester before completing an LLM in International Business Law at University College London.  His thesis focused on the challenges facing Islamic banking and discussed legislative obstacles and regulatory issues such as the Shari’ah Supervisory Board and Capital adequacy requirements. The Islamic financial …

The University of Adelaide Business School.  Adelaide, Australia © Islamic Finance Today The commercialisation of the Islamic financial system in the 1970s was greeted with both hope and scepticism. More than three decades later the system is widely accepted and practiced worldwide. But the future of Islamic finance remains shrouded with uncertainty due to the lack of uniformity in the …

© Islamic Finance Today Described by The Economist as a “polymath”, and by his clients as “brilliant and fresh”, Joe DiVanna is the Managing Director of Maris Strategies Limited, an innovation think-tank providing research and advisory services to the financial services industry, global businesses and governments. He is the author of the annual Top 500 Islamic Banks supplement published in …

© 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 …