I wanted to ask a question regarding interest which you get from the bank. I mean are we allowed to accept it, because this is what we call "riba" and I heard that taking it is...
Read More »Understanding Islamic Finance
In Understanding Islamic Finance Muhammad Ayub introduces all the essential elements of this growing market by providing an in-depth background to the subject and clear descriptions of all the...
Read More »Islamic Moral Economy Foundations of Islamic Finance
The reform movement in the Muslim world can be traced back to the mid-nineteenth century and the search for authentic Islamic institutions has dominated the objectives of the....
Read More »Haram Business and Trade
Islamic laws are of five types: obligatory (wajib), recommended (mustahab), discouraged (makruh), permissible (mubah) and forbidden (haram). Business, trades and professions in Islam would also fall into these....
Read More »The Moral Basis of Economics in Islam
No doubt, morality permeates Islam. It’s essentially moral teachings are comprehensive enough to render the individual and societal conditions, including the economic status, wholesome; this is...
Read More »Call for Application: Ahl al-Bayt Fellowship for Graduate Studies
The Ahlul Bayt Fellowship will be awarded each year by Mohsena Memorial Foundation (MMF) in the memory of our Founder, Syed-Mohsin Naquvi, to a student pursuing graduate studies with the intent to earn a...
Read More »Women’s Inheritance in Islam
In Islam, men and women have equivalent rights, including but not limited to working, acquiring wealth, possession of property, and the concept of inheritance....
Read More »Islamic Entrepreneurship Conference Convenes Global Experts
The College of Islamic Studies at Hamad Bin Khalifa University (HBKU) presented an international conference “Entrepreneurship, Sustainable Development and the Halal Economy: Concepts, Framework and...
Read More »Opportunities Galore for Fintech Development in Islamic Finance
Given the high concentration of followers of the Islamic faith within this region, it would be reasonable to assume that there is a significant opportunity for growth in....
Read More »What do You Know about Islamic Economics?
A short text about the nature of the Islamic economic system, its distinction from Capitalism and Marxism, and the primary obstacles encountered in its application to...
Read More »