Tag Archives: Islamic Finance

​Islamic finance is a way of doing financial transactions and banking while respecting Islamic law or sharia. Islamic finance hardly existed 30 years ago yet today is a $4 trillion industry with hundreds of financial institutions located in more than 80 countries. Islamic banks are by far the biggest players in the Islamic finance industry and account for $1.75 trillion or 70% of …

  Islamic finance has grown and expanded rapidly in recent years. It was recently announced that, following in the footsteps of some of its European neighbours, Germany will soon have its first Islamic bank — which is ironic if you think about the history of the country. Ireland, a country of arguably staunch Catholics, is alsomaking a bid to be a global hub for Islamic …

Muath Mubarak is a Director of Studies and Corporate Strategy for First Global Knowledge Centre (FGKC), a Sri Lanka-based conglomerate of companies involved in the Islamic finance industry. Previously he was working for Barwa Bank, a newest fully fledged Islamic Bank in Qatar. He is an Associate member of Chartered Institute for Securities & Investments (CISI) – UK and an …

Introduction: “It is clear that we should be self-sufficient and not rely on debt. That we should live more simply, consume more wisely, think of generations to come, and wonder what desires we want to plant in children’s hearts…..Bringing decency back into debates, normalcy into pay rates (checking greed), and ancient truths into temples is going to take a fight.” …

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.  …