© Islamic Finance Today The recent outing of two of the backbones of the recent Islamic Finance phenomena in the Mid East (organised Tawarruq and some types of Sukuk) as possibly Haraam has thrown the cat amongst the pigeons. Now, all of sudden – well meaning Islamic bankers and their customers are finding themselves stuck in [...] [...more]
The University of Adelaide Business School. Adelaide, Australia © Islamic Finance Today The commercialisation of the Islamic financial system in the 1970s was greeted with both hope and scepticism. More than three decades later the system is widely accepted and practiced worldwide. But the future of Islamic finance remains shrouded with uncertainty due to the lack of [...] [...more]
The mentality of reckless greed and the resulting spread of toxic financial externalities into the ‘real economy’ can be viewed as being diametrically at the opposite end of Islamic finance, in theory at least. This year has witnessed the most serious break-down in the US financial system in some 70 [...] [...more]
I was only recently that a Bahrain-based investment firm announced the launch of a Nanotechnology Fund, a private equity fund which will invest in shares and equity-oriented securities of companies with a particular emphasis on global nanotechnology companies including technology and biotechnology companies which benefit from nanotechnology. Although we [...] [...more]
Running parallel with the rapid growth in halal banking in recent times has been an equally swift increase in awareness on climate change and its impending consequences. Whilst the goals of ethical financing that is Shari’ah compliant and efforts to shift development and economic growth onto a more environmentally friendly path [...] [...more]
