Author Archives

Unknown's avatar

hammadiep

Insaan Ki Kahani by Abu Yahya

By on • ( Leave a comment )

The documentary presents historic and scientific information that is easy to understand and taken from authentic and established sources. Instead of over-arguing the case for religion from science and unproven archaeology and historical records, it limits the attention to focus on Qur’an, established scientific facts, established archaeological evidence and universally well-established historical records. In essence, it seeks to bridge the gap between faith and reason, presenting Islamic teachings in a modern and engaging way.

Rate this:

Towards Understanding Riba

By on • ( Leave a comment )

Riba is one of the most widely discussed issues around Islamic finance. It has many dimensions, but we will confine ourselves to specific issues of Riba al Fadl and Riba in loans. To achieve the objective, we must define Riba in contemporary terminology. Let us explain it for loan of an amount of money. We need to know whether Riba is nominal excess (nominal interest) or real excess (real interest) or something else.

Rate this:

Highlights of Global Risk Report 2025

By on • ( 1 Comment )

Global trade relations are tense and there is a risk of unpredictable and potentially sharp changes in trade policies worldwide. Geo-economics confrontation (sanctions, tariffs, investment screening) ranks #3 for current (2025) risks according to the GRPS and #9 over a two-year horizon. This comes after trade tensions have already been rising steeply since 2017. According to Global Trade Alert, the number of harmful new policy interventions per year rose globally from 600 in 2017 to over 3,000 in 2022, 2023, and 2024.

Rate this:

Limitations of Mainstream Economics

By on • ( 3 Comments )

The mainstream economics we know now is an even more perverted version of Smith’s work. In an earlier book ‘The Theory of Moral Sentiments’, he argued that societal and moral sentiments are important to exercise self-control. He also believes that government should be necessary in supporting the moral framework such as providing education to the poor. This part of his work is generally ignored in mainstream economics framework while the idea of self-interest shines eminently.

Rate this:

Islamic Financial Inclusion and Economic Growth in OIC Countries: Panel Quantile Regression Analysis

By on • ( Leave a comment )

The authors argue that by expanding the network of Islamic banks and enhancing the technological infrastructure for financial access, policymakers can harness the transformative potential of Islamic finance to promote sustainable economic growth and development in the OIC countries. The authors urge policymakers to prioritize initiatives aimed at expanding the network of Islamic banks and enhancing technological infrastructure for financial access.

Rate this:

History of Islamic Economic Thought

By on • ( Leave a comment )

Prof. Islahi argues that Muslim scholars made substantial contributions to economic thought, influencing both the development of Islamic economics and, indirectly, the foundations of modern Western economic theory. He challenges the notion that modern economics is solely a product of Western thought, highlighting the intellectual debt owed to earlier Muslim thinkers.

Rate this:

Highlights of Al-Baraka Forum

By on • ( 1 Comment )

During the opening ceremony, H.E Mr. Yousef Hassan Khalawi, Secretary General, AlBaraka Forum for Islamic Economy highlighted that the world has now spent more than a full century talking about sustainability. The Islamic world has 22 countries classified as least developed countries. We should focus on our nations and focus on our beliefs, as today we are trying to introduce Sukuk as one of our major initiatives created by Muslim economists, scientists, and experts.

Rate this: