HONG KONG AS THE DEAL MAKER
|
|
- Sabina Rich
- 5 years ago
- Views:
Transcription
1 HONG KONG AS THE DEAL MAKER CASE SCENARIO Countries among the Belt 1 and Road would like to take a coordinated approach to build, buy, convert, interconnect and operate a network of 5G-enabled mobile radio towers.
2 Islamic Financing and Capital Markets and The Belt and Road Initiative Mr. Amirali B. NASIR MH, JP Thursday 28 June
3 Historical data on sukuk for infrastructure development Infrastructure and real estate investment in ASEAN-5 between estimated at USD 7 tr (McKinsey Global Institute, Southeast Asia at the crossroads: Three paths to prosperity. November 2014.) Global Islamic Finance assets in mid 1990 were 150 bn, Estimated to reach 6.5 tn by 2020 (KFH Research) Islamic Fintech is on the rise and is expected to see record growth in During the recent World Islamic Banking Conference in Bahrain, Al Baraka Banking Group, Kuwait Finance House Bahrain and Bahrain Development Bank launched ALGO Bahrain, the first Fintech consortium specializing in Islamic finance. Eight more regional banks are expected to join in the next 12 months {Daily Fintech 2018} 3
4 Acknowledgment: Islamic Schools Distribution Along the Belt and Road 4
5 Infrastructure Development Infrastructure development contributes towards long term development Roads Rail Ports Airport Mobile Drinking Water Sanitation Power Gas Hydroelectric Nuclear Electricity Fintech Housing IoT Solar, Wind 5
6 In fact there are TWO ISLAMIC SPACE Qard Sak (sukuk) Amanah Wa d Dayn UNIVERSES CONVENTIONAL SPACE Loan Bond (Bonds) Trusts Promise Debt Both existed in the past 6
7 What is the balance Investors Demand BRI - HKSAR Islamic Capital Markets Issuers -SUPPLY Islamic contracts (Uqd) Al Shirkah (Partnership) Claims on capital And returns Avoid gharar Al Ghorm bil Ghorum Contract trading Short selling Futures Options Permissible stock purification Production Avoid Gambling Intoxicants Riba Fraud Hoarding TAX Neutrality Capital Debt/Equity Debt- Islamic Bonds Equity Mushrarakah Mudarabah Zero Riba The Academy of Law 7
8 Islamic Finance and Capital market (eg. Sukuk) Islamic Contracts, Sale based, equity based, lease based, Trust, custody Profit: (1) Risk-taking (ghorm) (2) Value added (ikhtiyar) (3) Liability (daman) Prohibitions :Riba, Gambling,Pork,Intoxicants Gharar, Fraud, Hoarding NATURE Sharia h- Islamic Cannon law SOURCES OBJECTIVES Aqidah-faith Akhlaq eithics Muamalaat Man-Allah Man-Man Quaran Sunnah Ijma Qiyas Ijtihadinterpretation Education tarbiyah Justice Adalah Protection Public Interest Maslaha al amanah 8
9 Islamic Contracts Charitable Capital Investments Intermediary Hiba (Gift) IJARAH-LEASE Bay- Sale Rahn Waqf Bba MUDARABAH Joala Qard-loan Operational MURABAHA MUSHARAKAH Wadiah Ibra - Rebate Financial Salam Muzaraha WAKALAH Kafalah Only those indicated in GREEN background and UPPER CASE are used in the amendments to HK Law Ordinance No. 10 of 2013 on Istisna Musaqah Mugarasah Hiwala Muqasah The Academy of Law 9
10 Diagram on the Framework of the Proposed Legislative Amendments The Academy of Law 10
11 Product Double Transfer Income Property tax Profit/ Loss Stamp Duty Musharakah (Property) Murabahah (Property) Mudarabah Ijarah (Property) Ijarah with Diminishing Musharakah Salam (Property) Istisna/ (parallel) ( ) Sukuk The Academy of Law 11
12 ADR in the Islamic World Islamic law not readily ascertainable to legal practitioners and judges. Drafting requires caution. Shariah accepts arbitration (tahkim) and conciliation as a means of resolving disputes. {Quaran [4: 35.] } Battle of Siffin Arbitration The Battle of Siffin (May-July 657 AD) main battle 26 to July 28. Imam Ali ibn Abi Talib (AS) and Muawiyah, in Syria. Parties agreed to arbitration with inconclusive results. Two arbitrators appointed by deed which stated the names of the arbitrators, the time limit for making the award, the applicable law and the place of issue of the award. 12
13 Cases where courts or Government deal with arguments on Islamic law Malayan Banking Berhad v. Ya kup Bin Oje & Rosini Binti Fauzi Originating summons No II 30 August 2007 (High Court of Sabah and Sarawak at Kuching, Malaysia). Beximco Pharmaceuticals Ltd V Shamil Bank Of Bahrain [2004] EWCA Civ 19 13
14 Thank You 14
15 HONG KONG AS THE DEAL MAKER CASE SCENARIO Countries among the Belt 1 5 and Road would like to take a coordinated approach to build, buy, convert, interconnect and operate a network of 5G-enabled mobile radio towers.
MODERN TRENDS OF ECONOMIC DEVELOPMENT ALTERNATIVE BANKING SYSTEM FOR MUSLIM STATES MALAYSIA SHOWCASE
SPECIAL PROGRAMME Lomonosov Moscow State University 15 th September 2015 MODERN TRENDS OF ECONOMIC DEVELOPMENT ALTERNATIVE BANKING SYSTEM FOR MUSLIM STATES MALAYSIA SHOWCASE By: Haji Razli Ramli 1 2 What
More informationw w w.a ims.edu cation 1
1 Master Diploma in Islamic Finance Program Structure: MDIF is a two part program, and courses are divided into two semesters. Certified Islamic Finance Expert (CIFE) is awarded on completion of Semester-I
More informationChallenges in Islamic Finance
Challenges in Islamic Finance Dr. Ahmet Sekreter Business and Management Department, Ishik University, Erbil, Iraq Email: ahmet.sekreter@ishik.edu.iq Abstract Doi:10.23918/icabep2018p29 The growth of Islamic
More informationList of Figures. List of Tables. Acknowledgements. About the Author. About the Website
Contents List of Figures List of Tables Acknowledgements About the Author Preface About the Website CHAPTER 1 Introduction to Islamic Finance and Islamic Economics 1 Introduction 1 Creation of Money and
More informationSession 1. Overview of Islamic Finance
Session 1 Overview of Islamic Finance 1 Islam is a way of Life There are rules governing the many facets and aspects of life. AQIDAH (Faith & Beliefs) SHARIAH (Practices & Activities) AKHLAK (Moral & Ethics)
More informationISLAMIC AND NON-ISLAMIC FINANCE IN CONTEMPORARY PERSPECTIVE
ISLAMIC AND NON-ISLAMIC FINANCE IN CONTEMPORARY PERSPECTIVE Dr. Mohd Daud Bakar President/CEO International Institute of Islamic Finance (IIIF) Inc. mdaud@iiif-inc.com www.iiif-inc.com Islamic Finance
More information23 September, 2017, Manila - Philippine
23 September, 2017, Manila - Philippine Registered with FAA as Training Provider ALHUDA CENTER OF ISLAMIC BANKING AND ECONOMICS AlHuda Center of Islamic Banking and Economics (CIBE) is a pioneer organization
More informationDIVERSIFICATION OF ISLAMIC FINANCIAL INSTRUMENTS
DIVERSIFICATION OF ISLAMIC FINANCIAL INSTRUMENTS PREPARED FOR THE 9 TH MEETING OF THE COMCEC FINANCIAL COOPERATION WORKING GROUP Dr. Irum Saba Assistant Professor/Program Director Institute of Business
More informationISLAMIC BUSINESS LAW AND COMMERCE
ISLAMIC BUSINESS LAW AND COMMERCE 1. Religions leader in Muslim community is known as a. The mufti b.the sheikh c. The imam d. The Muezth 2. Which of the following is not an Islamic contact a. Amanah b.
More informationThe Islamic Finance Qualification (IFQ) expands upon knowledge gained from the Fundamentals of Islamic Banking and Finance.
The Islamic Finance Qualification (IFQ) expands upon knowledge gained from the Fundamentals of Islamic Banking and Finance. It is a global qualification that covers Islamic finance from both a technical
More informationGLOBALISATION AND ISLAMIC FINANCE
GLOBALISATION AND ISLAMIC FINANCE Session 1 Academic Training Programme - 2018 Dr. Salah Alhammadi Assistant Professor (Lecturer) in Islamic Economics and Finance s.alhammadi@almcollege.org.uk OUTLINE
More informationServing Muslim Clients. A very brief introduction to Islamic Finance
Serving Muslim Clients A very brief introduction to Islamic Finance History of Islamic finance Not New 1500 years of development. During Classical period, commerce flourished under Islamic commercial law.
More informationWT Essay. Christoph Schweinberger. Sukuk Islamic Bonds. Subject: MPF_AFIN Finance (Basics) Advisor: Ing. Luděk Benada
WT 011 Essay Christoph Schweinberger Sukuk Islamic Bonds Subject: MPF_AFIN Finance (Basics) Advisor: Ing. Luděk Benada I Contents Contents... I List of Illustrations... II Abstract... III A. The Islamic
More informationEstablishing Economies According to Islamic Worldview: Problems and Way Forward. Prof. Habib Ahmed Durham University
Establishing Economies According to Islamic Worldview: Problems and Way Forward Prof. Habib Ahmed Durham University Presentation Plan Islamic Economics: Ideals and Reality New Institutional Economics (NIE)
More informationTHEORY AND PRACTICE OF MODERN ISLAMIC FINANCE
THEORY AND PRACTICE OF MODERN ISLAMIC FINANCE THE CASE ANALYSIS FROM AUSTRALIA ABU UMAR FARUQ AHMAD BrownWalker Press Boca Raton TABLE OF CONTENTS About the Author What's in this Book Acknowledgements
More informationProblems and Prospects of Islamic Capital Market In Bangladesh
ISSN: 2308-5096(P) ISSN 2311-620X (O) [International Journal of Ethics in Social Sciences Vol. 4, No. 2, December 2016] Problems and Prospects of Islamic Capital Market In Bangladesh Mohammad Aman Uddin
More informationContracts and Transactions under Islamic Law
Contracts and Transactions under Islamic Law Understand key issues in Finance, Trade and Investment Contracts Understanding Islamic contracts: structuring and legal issues 17-19 August, 2015, 9:00am 5:00pm
More informationProgram Brochure CIFE. Certified Islamic Finance Expert. Develope Your Skills & Become an Expert in Islamic Finance.
Program Brochure CIFE Certified Islamic Finance Expert Develope Your Skills & Become an Expert in Islamic Finance www.aims.education About CIFE Certified Islamic Finance Expert (CIFE) is a globally recognized
More informationProgram Brochure. Master Diploma. Islamic Finance. Develope Your Skills to Design Islamic Financial Services.
Program Brochure Master Diploma Islamic Finance Develope Your Skills to Design Islamic Financial Services www.aims.education MDIF Program Overview Master Diploma in Islamic Finance (MDIF) is an advanced
More informationOverview of Islamic Financial System and its Efficiency
Overview of Islamic Financial System and its Efficiency Miad Nakhavali PhD Student of International Politics Faculty of Political Sciences, University of Belgrade, Serbia doi: 10.19044/esj.2017.v13n19p108
More informationIQRA UNIVERSITY. Essentials of Islamic Finance Course Study Guide. Class Days: Wednesday and Saturday
IQRA UNIVERSITY IU Essentials of Islamic Finance Course Study Guide Class Days: Wednesday and Saturday Facilitator Irshad Ahmad Aijaz Email: Co Facilitator Talha Saleem Kapadia Email:
More informationDestination! Center of Islamic Banking & Economics. Canada. Organized by October, Islmaic Banking & Finance Heading Towards.
Organized by Center of Islamic Banking & Economics 18-19 October, 2018 Canada Islmaic Banking & Finance Heading Towards New Destination! In Association With Ansar Financial Interest-Free Investments AlHuda
More informationCOPYRIGHTED MATERIAL. Index
ariyah (gratuitous transfer of the usufruct of property), 35 Abu Bakr, 18 Abu Hanifah, 21, 54 Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), 27 28, 43, 63, 77, 89, 103,
More informationLegal Groundwork for the Practice of Islamic Finance in Central Europe
Legal Groundwork for the Practice of Islamic Finance in Central Europe Reasons behind growing Islamic Finance in Europe Growing Shariah compliant assets in western countries, two reasons An opportunity
More informationWays to Attract Islamic Compliant Investors to Funds and Products. Jonathan Lawrence 27 June 2012
Ways to Attract Islamic Compliant Investors to Funds and Products Jonathan Lawrence 27 June 2012 The demographics 26.4% of the global population will likely be Muslim by 2030 Currently 23% in 2012 Percentage
More informationZurina Shafii Ahmad Zainal Abidin Supiah Salleh
Integrated Internal-External Shariah Audit Model: A Proposal towards the Enhancement of Shariah Assurance Practices in Islamic Financial Institutions Zurina Shafii Ahmad Zainal Abidin Supiah Salleh Agenda
More informationPresentation Coverage
www.irti.org Presentation Coverage 1 IRTI Products and Services 2 Islamic Finance Sustainable Development 3 Benefits of Islamic Financial Institutions 4 Benefits of Sukuk Source: IRTI database Islamic
More informationMonetary Policy in an Islamic Economy: The Central Bank s Role
Monetary Policy in an Islamic Economy: The Central Bank s Role The Annual Intellectual Symposium of Islamic Financial Economics University of London London, UK May 28th, 2014 Gabriella Crimi Mount Holyoke
More informationLahore University of Management Sciences
Instructor Room No. Office Hours Email Telephone Secretary/TA TA Office Hours Course URL (if any) FINN 441 Islamic Banking and Finance Fall Semester 2016 Syed Aun Raza Rizvi/Saad Azmat saad.azmat@lums.edu.pk
More informationLahore University of Management Sciences. FINN 441 Islamic Banking and Finance Fall Semester 2014
FINN 441 Islamic Banking and Finance Fall Semester 2014 Instructor Dr. Saad Azmat Room No. SDSB-413 Office Hours Tuesday & Thursday (4:15-5:15) Other times by appointment only Email saad.azmat@lums.edu.pk
More informationTHE TRANSFORMATION OF ISLAMIC LAW IN GLOBAL FINANCIAL MARKETS JONATHAN G. ERCANBRACK
THE TRANSFORMATION OF ISLAMIC LAW IN GLOBAL FINANCIAL MARKETS JONATHAN G. ERCANBRACK lgg CAMBRIDGE UNIVERSITY PRESS Acknowledgements x Table ofcases and legislation List of abbreviations xviii Arabic-Englishglossary
More informationAnalysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan
Journal of Islamic Banking and Finance July Sept 2017 1 Analysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan Salman Ahmed Shaikh This paper is a humble attempt to discuss the
More informationOne Day Specialized Training on Islamic Banking, Finance and Islamic Microfinance
One Day Specialized Training on Islamic Banking, Finance and Islamic Microfinance th 19 January, 2018 Sofitel Hotel, Manila Philippines. ALHUDA CENTER OF ISLAMIC BANKING AND ECONOMICS AlHuda Center of
More informationDiploma in Islamic Finance
Diploma in Islamic Finance A different prespective on global business by Institute of Cost & Management Accountants of Pakistan Catch the opportunity and take the lead. Introduction ICMA Pakistan has developed
More informationISLAMIC FINANCIAL SERVICES. Mohammed Obaidullah Associate Professor Islamic Economics Research Center King Abdulaziz University Jeddah, Saudi Arabia
ISLAMIC FINANCIAL SERVICES Mohammed Obaidullah Associate Professor Islamic Economics Research Center King Abdulaziz University Jeddah, Saudi Arabia FOREWORD The Islamic financial services industry has
More informationon Islamic Banking & Finance
CENTER OF ISLAMIC BANKING AND ECONOMICS Two Days Specialized Training Workshop on Islamic Banking & Finance March 20-21, 2015 Movenpick Hotel, Karachi - Pakistan www.alhudacibe.com AlHuda CIBE AlHuda Center
More informationShariah-Compliant Investments: Risks and Returns
Shariah-Compliant Investments: Risks and Returns BADLISYAH ABDUL GHANI CEO, Group Islamic Banking, CIMB Group CEO, CIMB Islamic Bank Bhd 2nd Islamic Wealth Management and Financial Planning Conference
More informationCase Studies in Islamic _ Banking and Finance _
Case Studies in Islamic _ Banking and Finance _ Case Questions & Answers Brian Kettell A John Wiley and Sons, Ltd., Publication Preface Introduction About the Author xiii xvii xxiii 1 Case Study 1: Ijara
More informationww.fidfinvest.com Islamic Finance an Introduction
Islamic Finance an Introduction Islamic a word, which nowadays puts many people on alert, in particular, those who regularly watch certain media, and thus develop a kind of what is called Islamophobia
More informationIslamic Finance in Asia
第 1 頁, 共 5 頁 Islamic Finance in Asia Tag it: PHILIP BOWRING 27 June 2008 A growing river of money seeks investment consistent with Islamic religious principles Three races are now underway on the topic
More informationThe Paradigm of the Islamic Banking System
185 The Paradigm of the Islamic Banking System Bogdan Munteanu Islamic banks have constantly grown their activity and expanded across the world economy, in a matter of decades. Today, their assets cover
More informationHow Islamic is Islamic finance
How Islamic is Islamic finance Outline Economic frameworks Islam and capitalism Fundamental Shari prohibitions in business Brief history and development of Islamic finance Three Islamic finance products
More informationAFRICAN ISLAMIC BANKING & TAKAFUL FORUM
3 rd AFRICAN ISLAMIC BANKING & TAKAFUL FORUM April 18 & 19, 2015 at Image Lifestyle Conference Venue Johannesburg South Africa Organized by Supported by Center of Islamic Banking & Economics Moolla Capital
More informationProposed Model for the Implementation of Sadaqa
Proposed Model for the Implementation of Sadaqa House as Banking Product or Service Latifa Bibi MUSAFAR HAMEEDI Surianom MISKAMI Abstract This study is conducted to suggest a suitable model for implementing
More informationIslamic Microfinance 4th - 6th June, 2013 in Addis Ababa - Ethiopia
3 Days Specialized Training Workshop on Islamic Microfinance 4th - 6th June, 2013 in Addis Ababa - Ethiopia Jointly Organized By AlHuda Center of Excellence in Islamic Microfinance Islamic Microfinance
More informationMIFP MASTERS IN ISLAMIC FINANCE PRACTICE
2 MIFP MASTERS IN ISLAMIC FINANCE PRACTICE make Malaysia as a center for Islamic Finance. Malaysia has achieved those objectives, evidenced for example by it being the largest issuer of Sukuk in the world.
More informationFINANCE ISLAMIC BANKING & Two Days Specialized Training Workshop on. March 16th - 17th, 2017 at Lahore
Center of Islamic Banking and Economics Two Days Specialized Training Workshop on ISLAMIC BANKING & FINANCE March 16th - 17th, 2017 at Lahore Islamic Finance heading towards new Destination! ABOUT ALHUDA
More informationM&SME ISLAMIC BANKING MASTERCLASS PACKAGEE
M&SME ISLAMIC BANKING MASTERCLASS PACKAGEE M&SME ISLAMIC BANKING MASTERCLASS PACKAGEE Islamic banks have been operating in places such as Bahrain, Saudi Arabia, Malaysia, Dubai and some Western Countries
More informationIslamic Microfinance an incredible tool to Alleviate Poverty!
Islamic Microfinance an incredible tool to Alleviate Poverty! AlHuda Center of Excellence in Islamic Microfinance is an initiative of AlHuda CIBE. AlHuda CIBE is a well established name in Islamic financial
More informationSUKUK a main financial tool funding terror Introduction
SUKUK a main financial tool funding terror Introduction Sukuk is an Islamic financial certificate, similar to a bond in Western finance, that complies with Sharia, Islamic religious law. Because the traditional
More informationINTERIM REPORT OIC-STATCOM TECHNICAL COMMITTEE OF EXPERTS (TCE) ON ISLAMIC BANKING AND FINANCE STATISTICS
INTERIM REPORT OIC-STATCOM TECHNICAL COMMITTEE OF EXPERTS (TCE) ON ISLAMIC BANKING AND FINANCE STATISTICS COUNTRY MEMBERS: Afghanistan, Azerbaijan, Bangladesh, Comoros, Egypt, Gambia, Iran, Jordan, Kazakhstan,
More informationChapter 1 INTRODUCTION
1 Chapter 1 INTRODUCTION 1 Introduction 1.1 Background Islam is a practical way of life, which shows the guidance for mankind in all walks of life- be it related to one s personal life or its economic
More information٤٢ أولا : ملاحظات تمهيدية : " " " " " " " " "." " "
( / ) - : : - -...... ( ). - : : ٤١ ٤٢ أولا : ملاحظات تمهيدية......... : " " " " " " " " "." " " ٤٣. " ".." ".. ( - ). " ( )." ) (... ( ).. (.. ) : ( ) : - /. ٤٤ ( ). : (" ").. ( ).. ( ). ( ) (.. ). (
More informationIslamic Microfinance An Incredible Tool to Alleviate Poverty
Islamic Microfinance An Incredible Tool to Alleviate Poverty AlHuda CIBE is now firmly established in Islamic Financial market, working in the field of Islamic Banking & Finance for the last seven years
More informationPeddling Religion? What is Islamic Finance? & Should we support it?
Peddling Religion? What is Islamic Finance? & Should we support it? Mahmoud A. El-Gamal Rice University Is there an Islamic Finance? All financial products available today are suspect : Mortgages, and
More informationIslamic Commercial Law
Islamic Commercial Law Founded in 1807, John Wiley & Sons is the oldest independent publishing company in the United States. With offices in North America, Europe, Australia, and Asia, Wiley is globally
More informationTeaching Islamic Heritage at Department of Economics, KENMS, IIUM. Muhammad Irwan Ariffin Research Fellow Centre for Islamic Economics KENMS, IIUM
Teaching Islamic Heritage at Department of Economics, KENMS, IIUM Muhammad Irwan Ariffin Research Fellow Centre for Islamic Economics KENMS, IIUM Fighting is ordained upon you and it is disliked by you;
More informationGeneral Points on Influence of Religion on the Law and the Relevance of Religion for Law
ISLAMIC FINANCIAL OUTLOOK AND THE INFLUENCE OF RELIGION ON THE LAW Professor Javaid Rehman, Islamic Law & International Law Brunel University, 9 September, 2011 General Points on Influence of Religion
More informationSession 6 The Significance of Islamic Investment Principles - Empirical Evidence from International Investment Funds En. Mohd Syukry Mohd Saidein,
Session 6 The Significance of Islamic Investment Principles - Empirical Evidence from International Investment Funds En. Mohd Syukry Mohd Saidein, Assistant Vice President, Wealth Management, Bank Rakyat
More informationTHE ROLE OF CENTRAL BANK OF MALAYSIA IN DEVELOPING MALAYSIA'S ISLAMIC FINANCIAL INDUSTRY
الا كاديمية العالمية للبحوث الشرعية ISRA International Shari ah Research Academy for Islamic Finance THE ROLE OF CENTRAL BANK OF MALAYSIA IN DEVELOPING MALAYSIA'S ISLAMIC FINANCIAL INDUSTRY Prof. Dr. Mohamad
More informationMEEZAN BANK S GUIDE TO ISLAMIC BANKING
MEEZAN BANK S GUIDE TO ISLAMIC BANKING All rights reserved. Aside from fair use, meaning a few pages or less for nonprofit educational purposes, review or academic citation, no part of this publication
More informationTRAINING PROGRAMME REGULATORY AND COMPLIANCE FRAMEWORK IN ISLAMIC FINANCE UNDER IFSA 2013
TRAINING PROGRAMME REGULATORY AND COMPLIANCE FRAMEWORK IN ISLAMIC FINANCE UNDER IFSA 2013 Dates and Time: 12-13 October 2015 (Monday-Tuesday) 9:00am - 5:30pm Venue: International Institute of Advanced
More information8th Azerbaijan Micro-finance Conference 2 Days Post Event Training Workshop on. Islamic Finance
8th Azerbaijan Micro-finance Conference 2 Days Post Event Training Workshop on Islamic Finance (including Islamic Microfinance, Islamic Insurance,Sukuk) 12th & 13th October,2015 in Baku - Azerbaijan Jointly
More informationWhat is wrong with Interest? Ansar Finance Group. Islamic Finance for the Community by the Community
What is wrong with Interest? Ansar Finance Group Islamic Finance for the Community by the Community What is wrong with Interest? Islamic point of view Interest has been declared Haram (forbidden) by Allah
More informationThe value(s) of money: Islamic finance and its plural market
Business Law Course Seminar on Islamic Finance, Pluralism and Business Law, Class 1 University of Siena, 15 November 2017 The value(s) of money: Islamic finance and its plural market Dr. Valentino Cattelan
More informationECONOMICS OF ISLAM: ISLAMIC PERSPECTIVES OF BANKING IN PAKISTAN
ECONOMICS OF ISLAM: ISLAMIC PERSPECTIVES OF BANKING IN PAKISTAN ABDUL WAHAB ARAIN DR. AHMAD SAEED Research Supervisor, Hamdard Institute of Education and Social Sciences, Hamdard University, Karachi, Pakistan
More informationAIDE MEMOIRE. for. ADFIMI UDBL Joint Workshop on Essentials of Islamic Banking. Serena Hotel, Kampala, Uganda
AIDE MEMOIRE for ADFIMI UDBL Joint Workshop on Essentials of Islamic Banking Serena Hotel, Kampala, Uganda 18 19 April 2017 Background: Uganda has recently passed legislation in order to develop Islamic
More informationAre Islamic Finance Products and Services Islamic: A Perceptual Analysis from Malaysia and United Arab Emirates
Are Islamic Finance and Services Islamic: A Perceptual Analysis from Malaysia and United Arab Emirates Abstract: Dr. Fayaz Ahmad Lone Assistant Professor College of Business Administration Salman Bin Abdulaziz
More informationChapter 6. Islam and Private Wealth Management
Chapter 6. Islam and Private Wealth Management The Islamic wealth management (IWM) industry is the fastest growing segment of Islamic finance. The segment represents an estimated US$1.3 trillion of personal
More informationReviving the roots of Islamic economics & finance. Rice University
Reviving the roots of Islamic economics & finance Mahmoud Amin El-Gamal Rice University Muslims mental image of Islamic finance Qur an and Sunnah Ijma c (consensus) and Qiyas (analogy) Islamic Economists
More informationISRA International Journal of Islamic Finance
ISRA International Journal of Islamic Finance Sharīʿah non-compliant assets as rahn (pledge) in Islamic banking products: a fiqhī perspective Lokmanulhakim Hussain, Mohammad Mahbubi Ali, Article information:
More informationDeposit and Financing Facilities in Islamic Banks
Deposit and Financing Facilities in Islamic Banks Dr. Saeed T.V. Department of Islamic Studies, Yobe State University, Damaturu, Nigeria Abstract- Islamic banks have been operated in many parts of the
More informationFundamentals of Islamic Microfinance and its possibilities for Tajikistan
Fundamentals of Islamic Microfinance and its possibilities for Tajikistan MUHAMMAD ZUBAIR MUGHAL CHIEF EXECUTIVE OFFICER ALLHUDA CENTRE OF ISLAMIC BANKING AND ECONOMICS ZUBAIR.MUGHAL@ALHUDACIBE.COM Contents
More informationThe Islamic Banking and Finance Workbook
The Islamic Banking and Finance Workbook For other titles in the Wiley Finance Series please see www.wiley.com/finance The Islamic Banking and Finance Workbook Step-by-Step Exercises to Help You Master
More informationTURKEY AIMS TO BECOME CENTER OF ISLAMIC FINANCE
48 In Depth / Islamic Finance TURKEY AIMS TO BECOME CENTER OF ISLAMIC FINANCE Islamic Banking in Turkey continues to develop at an accelerated pace in recent years. Islamic nance s total assets in Turkey
More informationAre Islamic Finance Products and Services Islamic: A Perceptual Analysis from Malaysia and United Arab Emirates
Are Islamic Finance Products and Services Islamic: A Perceptual Analysis from Malaysia and United Arab Emirates Dr.Fayaz Ahmad Lone Assistant Professor, College of Business Administration, Salman Bin Abdulaziz
More informationCh.1 Shari a and Islamic Economic System I. Islamic Way of Life
Ch.1 Shari a and Islamic Economic System I. Islamic Way of Life Allah (swt) creates man and designates him as khalifah (agent) on earth for the purpose of worshiping (serving) Allah in accordance with
More informationIslamic Law of Banking and Takaful: LAB3073. Zulkifli Hasan, PhD
+ Islamic Law of Banking and Takaful: LAB3073 Zulkifli Hasan, PhD + Contents 2 n 1. About Me n 2. Introduction: Current State of the Muslims Ummah n 3. An Overview of the Course n 4. Key Performance Indicator
More informationThe Rise of Islamic Finance
Page 1 of 7 The Rise of Islamic Finance Author: Mohammed Aly Sergie, Online Writer/Editor January 30, 2014 Introduction Origins and Controversy A Rising Asset Class Sukuk: A Global Trajectory Islamic Finance
More informationWhat is Islamic Microfinance? Making it a Sustainable Reality
What is Islamic Microfinance? Making it a Sustainable Reality Presenters PART I: Rafi-uddin Shikoh PART II: Atif R Khan Agenda Presentation: 45 min Q&A: 30 min Agenda Section 1: Global Microfinance Context
More informationAn Introduction to Islamic Finance
An Introduction to Islamic Finance Theory and Practice Second Edition An Introduction to Islamic Finance Theory and Practice Second Edition ZAMIR IQBAL AND ABBAS MIRAKHOR John Wiley & Sons (Asia) Pte.
More informationIslamic Banking Foundation Course Information Pack
Islamic Finance Institute of Southern Africa FOUNDATION COURSE IN ISLAMIC BANKING 4 Month Part-Time via Distance Learning Course Semesters : The 4 month Foundation Course in Islamic Banking takes place
More informationChapter 2. Islamic Law and Financial Services
Chapter 2. Islamic Law and Financial Services Shari a, Islamic religious law, forms the foundation of Islamic finance. Shari a attempts to promote equality and fairness in society by emphasizing moral,
More informationEmpowering the Shari ah Committee towards Strengthening Shari ah Governance Practices in Islamic Financial Institutions
Review of European Studies; Vol. 8, No. 2; 2016 ISSN 1918-7173 E-ISSN 1918-7181 Published by Canadian Center of Science and Education Empowering the Shari ah Committee towards Strengthening Shari ah Governance
More informationIslamic Wealth Management: Indonesian Case Study
Islamic Wealth Management: Indonesian Case Study Ujang Sumarwan, PhD Professor of Consumer Behavior, Dean of Faculty of Human Ecology, Bogor Agricultural University, Indonesia sumarwan@apps.ipb.ac.id.
More informationSHARIAH REQUIREMENTS AND ARRANGEMENT FOR ISLAMIC FINANCIAL PRODUCTS & FEATURES
SHARIAH REQUIREMENTS AND ARRANGEMENT FOR ISLAMIC FINANCIAL PRODUCTS & FEATURES Hibah, Wadiah, Qard & Rahn Wakalah & Kafalah 31 st July 2017, InterContinental Hotel, KUALA LUMPUR SIDC CPE - accredited:
More informationAn Introduction to Islamic Moral Economy (IME) Mehmet Asutay Durham Centre for Islamic Economics and Finance Durham University
An Introduction to Islamic Moral Economy (IME) Mehmet Asutay Durham Centre for Islamic Economics and Finance Durham University Presented at the Durham Islamic Finance Autumn School 2011 jointly organised
More informationA Descriptive Analysis of Islamic Finance as a Possible Alternative to Conventional Investment Management
A Descriptive Analysis of Islamic Finance as a Possible Alternative to Conventional Investment Management Timothy A. Falade Obalade PhD Assoc. Professor, College of Business Administration, American University
More informationRecent Developments front. Asia and the Middle East IMAM WAHYUDI FENNY ROSMANITA NIKEN IWANI SURYA PUTRI
Recent Developments front Asia and the Middle East IMAM WAHYUDI FENNY ROSMANITA MUHAMMAD BUDI PRASETYO NIKEN IWANI SURYA PUTRI WILEY Contents Preface Acknowledgments flbout the Authors List of Acronyms
More informationNew Issues in Islamic Finance and Economics: Progress and Challenges New Issues in Islamic Finance and Economics: Progress and Challenges Hossein Askari, Zamir Iqbal, and Abbas Mirakhor John Wiley & Sons
More informationGlossary of Islamic Finance 1
Glossary of Islamic Finance 1 AAOIFI Accounting and Auditing Organization for Islamic Financial Institutions: Bahrain-based Islamic international standard setting body established in 1991 for Islamic corporations
More informationISLAMIC FINANCE AND BANKING MODES OF FINANCE
page 1 / 5 page 2 / 5 islamic finance and banking pdf Islamic banking or Islamic finance (Arabic:??????????????) or sharia-compliant finance is banking or financing activity that complies with sharia (Islamic
More informationIslamic Banking in India
ISSN 2278 0211 (Online) Islamic Banking in India Asma Sultana Department of Commerce, St. Ann s College for Women, Hyderabad, India Dr. N.V. Kavitha HOD, Department of Commerce, st. Ann s College for women,
More informationth th July, 2018 Nairobi - Kenya
th th 27-28 July, 2018 Nairobi - Kenya www.alhudacibe.com CIBE ALHUDA CENTER OF ISLAMIC BANKING AND ECONOMICS AlHuda Center of Islamic Banking and Economics (CIBE) is a pioneer organization started its
More informationThe Internationalization of Islamic Finance and the Role of International Educational Centres in Human Capital Development
The Internationalization of Islamic Finance and the Role of International Educational Centres in Human Capital Development Mohd-Pisal Zainal, Ph.D. Henley Business School Malaysia Monday, April 3, 2017
More informationIslamic Banking History, Overview & Future
Islamic Banking History, Overview & Future By George Reiff, PhD Abdullah Ibn Hanzala reports that Allah s emissary said: "One Dirham interest taken knowingly is worse than 36 immoral acts. http://www.kaaba-online.de/daily_hadith_category/daily_hadith/page/74
More informationRecent Development of Islamic Finance Viewed at KLIFF2017
2017.10.31 (No.16, 2017) Recent Development of Islamic Finance Viewed at KLIFF2017 Yasuharu Ogino Economist yasuharu_ogino@iima.or.jp Economic Research Department Institute for International Monetary Affairs
More informationGlossary of Islamic Banking & Finance
Adl Glossary of Islamic Banking & Finance It includes in its meanings the concept of justice, equity and fairness. Al- Rahn It refers to pledge or collateral. Rahn means to pledge a property/asset or provide
More informationRecent Developments in Islamic Finance
Recent Developments in Islamic Finance Melikşah Utku CEO - Albaraka 6 th COMCEC CAPITAL MARKETS REGULATORS FORUM MEETING 31 October 2017 Istanbul, Turkey I. Islamic Finance and innovative spirit II. The
More informationGLOBAL FINANCIAL INCLUSION ISLAMIC FINANCE MEETS THE CHALLENGE
Insights GLOBAL FINANCIAL INCLUSION ISLAMIC FINANCE MEETS THE CHALLENGE As access to financial services remains a major challenge in some parts of the world, financial inclusion has become a key policy
More information