Waqf – An Instrument for Shari’ah-Compliant Raising of Capital

Yurizk Islamic Economy, Islamic Finance, Islamic Finance Instruments Leave a Comment

Benedikt Koehler talks about the role of Waqf – an age old Islamic Finance instrument that has been successfully used for social welfare and institution building. In this video Benedikt talks about how Waqf may be used for Capital Raising for Investment within Islamic Finance industry. Video Courtesy: IIBI, London

State of the Global Islamic Economy Report 2014/2015

Yurizk Islamic Economy Leave a Comment

Halal Food Market Global Muslim spending on Food and Beverages (F&B) has increased 10.8% to reach $1,292 billion in 2013. This takes the potential core Halal Food market to be 17.7% of the global expenditure in 2013 compared to 16.6% the year before. This expenditure is expected to grow to a $2,537 billion market by 2019 and will account for 21.2% of the global ...

Milestones in Modern Islamic Economy and Islamic Finance Industry

Yurizk Islamic Banking, Islamic Economy, Islamic Finance, New & Noteworthy 2 Comments

2011-2020: The Rapid Growth and Planning for Future 2014: Development in AfricaNigeria, Tanzania, Zimbabwe, Malawi, Algeria, and Tunisia increase efforts for launching Islamic Financial products. 2014: UgandaUganda's cabinet approves introduction of Islamic Banking in the country. 2014: SenegalSenegal's Ministry of Finance approves country's first sukuk. 2014: KenyaKenya receives approval from its Central bank to launch Islamic Banking products. The country prepares ...

Retaining Young Talents – Policy Strategies and Innovative Models

Yurizk Current Issues in Islamic Finance, Entrepreneurship, Human Resources in Islamic Finance, Islamic Economy Leave a Comment

One of the most insightful panels at 10th WIEF, held in Dubai during 28th-30th October, 2014 at Madinah Jumeirah Conference Center. Program on Day 2, October 29, 2014 Panel Discussion: Retaining Young Talents – Policy Strategies and Innovative Models Description by Program Organizer: Young talents are assets to every corporation as they infuse contemporary ideas catered for future markets. But the …

Islamic Finance and American Muslim Market

Yurizk Islamic Banking, Islamic Economy, Islamic Finance Leave a Comment

Select Insight (DinarStandard Report) • The most commonly used Islamic finance services are mortgage services (50% of respondents,) investment products (44%), and banking services (17%). • There has been an 11% decrease in banking services compared to the 2011 survey. Meanwhile car financing responses increased by 8% and insurance services by 3%. • However, while a vast majority of respondents adhered to …

Does the Islamic Finance industry need talent development or not?

Joy Abdullah Human Resources in Islamic Finance, Islamic Economy, Islamic Finance Leave a Comment

More and more educational institutions, around the world, are offering degree & certificate programs and diplomas in Islamic Finance and banking. The Global Islamic Finance Education Report  was the first attempt in having a concrete collection of the various academic programmes available globally. The fact that more and more people are undertaking the required academic educations is a good trend …