Islamic Finance News- KUWAIT: Kuwait International Bank offers appointment booking via phone app at all branches in Kuwait
- INDONESIA: Agung Sedayu Group to develop International Sharia Finance Center area in Pantai Indah Kapuk 2
- SAUDI ARABIA: Saudi Aramco shares to be listed on Saudi Stock Exchange, auction period on first day to be extended
- INDONESIA: Bank Muamalat Indonesia denies non-performing financing ratio is up to 40%
- GLOBAL: S&P Dow Jones Indices to support two IFN events in 2020 as partner
- UAE: Emirates NBD lists new shares on Dubai Financial Market
- BAHRAIN: Central Bank of Bahrain launches Shariah compliant alternative to foreign exchange forward to improve Islamic liquidity management for banks
- SAUDI ARABIA: Bawan Company obtains Shariah compliant mid-term financing from Banque Saudi Fransi to fund Saudi Aramco IPO
- US: Riyad REIT Fund invests SAR350.8 million (US$93.42 million) in US diversified real estate portfolio
- UAE: ENBD REIT to be restructured and become privately held REIT
Tag Archives: Economic Systems
Concept of Wealth in Islamic Economics
Omar Javaid Islamic economics enables a Muslim society to achieve certain ends. It is not so difficult to understand that material resources are required in order to achieve the objectives or Maqasid of Shariah namely “preservation and protection” of Deen, … Continue reading
Some Observations on User Cost of Capital
Salman Ahmed Shaikh Mainstream economics defines physical capital stock as things that are ‘produced means of production’. Examples of physical capital stock include machinery, tools, equipment, buildings, fixtures, infrastructure, installations and production plants, for instance. In a market economy, physical … Continue reading
Development from Islamic Economics Perspective
Salman Ahmed Shaikh In neoclassical growth theories, the emphasis is on increasing savings and technological progress which brings about increase in capital per worker and eventually output per worker. In ‘endogenous growth theory’ models, more sophisticated work has been done … Continue reading
Physiological and Psychological Dimensions of Scarcity
Salman Ahmed Shaikh Resources are scarce as compared to unlimited wants. But, the economics of non-rival ideas creation has proved that resources are ample and that physical resources could be used in ways that keeps fulfilling the basic needs of … Continue reading
Islamic Economic Framework and Systematic Life
Nida Shoaib The religion of Islam and the individual’s way of life should not be considered as two separate things. Islam is a way of life than just being a set of commandments and it allows the individuals of the … Continue reading
Posted in Articles on Islamic Economics
Tagged Economic Systems, Islamic Economics, Micro Economics, Zakat
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