Islamic Finance Education

10 Trends To Shape The Future of Islamic Economics and Finance Education

Sadia Karim Human Resources in Islamic Finance, Islamic Economy, Islamic Finance, Islamic Finance Education Leave a Comment

Islamic Economics and Islamic Finance as subjects are not too old. Among many challenges concerning curriculum development, insufficient qualified educators in the field, lack of sufficient research and funding, it is hard to stop for a moment and take a look forward to see what the future holds for Islamic Finance education. We are living at a time of dramatic …

AAOIFI – World Bank Conference: Session 1

Yurizk Islamic Banking, Islamic Finance, Islamic Finance Instruments, New & Noteworthy Leave a Comment

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) hosted the AAOIFI – World Bank Annual Conference on Islamic Banking and Finance on 17 and 18 November 2014 in Manama, Kingdom of Bahrain. The conference was organised in partnership with the World Bank, and was held under the auspices of the Central Bank of Bahrain.

New Book: Heaven’s Bankers – Inside the hidden world of Islamic Finance

Yurizk Islamic Banking Leave a Comment

Author: Harris Irfan ISBN: 9781472105103 Description by Publisher: A trillion dollar financial industry is revolutionising the global economy. Governments and corporations across the Islamic world are increasingly turning to finance that complies with Sharia law in order to fund economic growth. Even in the West, Islamic finance is rapidly becoming an important alternative source of funding at a time when …

Dropping ‘Islamic’ from Islamic Finance – good or bad idea?

Sadia Karim Islamic Finance Leave a Comment

Every choice we make in our lives, whether at individual level or organizational level, has four scenarios: 1. Right choice for the right reason 2. Right choice for the wrong reason 3. Wrong choice for the right reason 4. Wrong choice for the wrong reason The match or mismatch between desired goals and attained results depends on which quadrant it …

The Problem with Tawarruq

Ismail Desai Islamic Finance Instruments Leave a Comment

Definition of Tawarruq (Monetization): refers to the process of purchasing a commodity for a deferred price determined through Musawama (Bargaining) or Murabaha (Mark-up Sale), and selling it to a third party for a spot price so as to obtain cash. Whereas Inah refers to the process of purchasing the commodity for a deferred price, and selling it for a lower …

Islamic Finance in South Africa – Key Challenges and Innovative Solutions

Ismail Desai Islamic Banking, Islamic Finance Leave a Comment

South Africa’s National Treasury wants to make the country the hub for Islamic finance in Africa. The country has the most sophisticated and advanced financial, legislative and governance structures and regulations on the continent, and has the potential to be the economic superpower of Africa. This gives the country a unique competitive edge over most African countries in actively capturing …