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 »Malaysia Ranks as Top Islamic Economy in 2021
Malaysia ranked first among 81 countries and regions in the Global Islamic Economy Indicator for the ninth straight year, thanks to its thriving market for Islamic finance and a...
Read More »Muslim Couple and Money: 8 Practical Financial Tips for Newlywed Muslim Couple
Many studies show that a great deal of marital conflicts and splits are money-related; either the lack of it or the improper use of it. The finding of...
Read More »Debt Management in Behavioral Economics and Personal Finance as Reflected in Sahifah al-Sajjadiyyah
What is lacking in both behavioral economics and personal finance is the role of the soul or spirituality which is a central theme in a monotheistic worldview.....
Read More »Islamic Banks Witness Rapid Growth
The Shariah-compliant banks in Pakistan are growing at a rapid pace compared to conventional counterparts as a strong preference for “markup-free banking” has emerged among the people and...
Read More »Is It Permissible to Invest in Non-Muslim Countries?
It is said that engaging in interest transactions in a non-Muslim country is allowed. Is investing in banks, such as buying stocks of a bank also...
Read More »Islamic Economy: Its Ideological and Legal Foundations
When we study the Islamic economy as a way which Islam prescribes for individual and social behavior in the economic field and examine Islam's rules in this area, we can conclude that its most...
Read More »An Islamic Perspective of Political Economy: The Views of Muhammad Baqir al-Sadr
This article is part of the T.M. Aziz's dissertation on “The Islamic Political Theory of Muhammad Baqir al-Sadr of Iraq.” He is a Visiting Scholar at the Center of Near Eastern...
Read More »Structure of Islamic Banking System: Islamic Economic System
Throughout history, there have always been those who engaged in usury-based quasi-banking activities with their capital, but Islam forbade it and encouraged them to engage in productive and...
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