Islamic Finance News- Saudi's AHAB seeks creditor support for settlement under bankruptcy law
- BRIEF-Egypt's Marseilia Updates On MoU With UAE's Amlak To Develop Urban Project
- BRIEF-Kuwait's Noor Receives Letter Of Intent For Part Of Its Stake In Meezan Bank
- BRIEF-Gulf Investment House Board To Discuss Stake Purchase Offer For Associate Co
- BRIEF-Gulf Investment House OGM Approves Capital Decrease
- Finablr's UAE Exchange, Ripple to begin blockchain payments by Q1
- MEDIA-Malaysia's MIDF explores merger with Al Rajhi's local arm - Bloomberg
- Emirate of Ajman plans debut international bond
- UPDATE 1-Goldilocks Investment buys 29.5 pct stake in Dubai-listed Takaful Emarat
- CORRECTED-Goldilocks Investment buys 29.5 pct stake in Dubai-listed Takaful Emarat
Tag Archives: Financial Institutions
The Potential Opportunities with Fintech for Islamic Banking
Salman Ahmed Shaikh Islamic finance can help in enabling access to financial services for people who want Islamic financial services. The key question is that can Islamic finance also provide access to financial services to the bottom of the pyramid … Continue reading
Risk Management Tools in Islamic Banking
Salman Ahmed Shaikh In this article, we discuss the major risks that Islamic banks face in their commercial operations and the tools with which they mitigate these risks. Credit Risk Credit risk is generally defined as the risk that the … Continue reading
Islam and Institution of Interest Based Lending
Danial Pirani In modern times, the institution of interest is regarded as critical for the stability of an economy. Nearly all the economic and financial institutions are, in one way or the other, connected to the interest based transactions. Interest … Continue reading
Potential of Islamic Finance to Lead New Financial Architecture
Salman Ahmed Shaikh The financial crisis of 2007-2009 and ongoing sovereign debt crisis in Europe has challenged the conventional wisdom. Massive levels of debt and consumption beyond means and speedy financial innovation with lax regulation has put major economies in … Continue reading
Effect of Zakat on Asset and Capital Markets
Salman Ahmed Shaikh Zakat is a religious obligation to pay a part of wealth and production to the government. In its economic character, Zakat is a combination of a net worth tax and production tax. Zakat is levied as per … Continue reading
Venture Capital Funds in Islamic Economic Framework
Salman Ahmed Shaikh Equity financing is regarded as more just and closes to Islamic principles than debt based financing. Islam encourages equity financing over debt financing. In equity financing, the payoffs are linked directly to the productive enterprise. The source … Continue reading
Risk Aversion And Islamic Financial Economics
Salman Ahmed Shaikh Risk aversion is an observed behavior and there is empirical evidence that people generally are risk averse. By risk averse, we mean to say that people are willing to pay a higher risk premia than what is … Continue reading
Distributional Inequity and Welfare Loss in Interest Based Financial System
Salman Ahmed Shaikh Capitalism, the way it is practiced as an economic system, has largely allowed and provided legal cover to certain exploitative institutions and their operations based on free market philosophy. Such institutions have been chiefly responsible for much … 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
Form Versus the Substance Debate in Islamic Finance
Salman Ahmed Shaikh In currently practiced Islamic banking, the debt based modes of finance are used predominantly and these products are priced with same interest based benchmarks, which the conventional banks use. It seems that practiced Islamic banking is far … Continue reading
