METHODS AND INSTRUMENTS

What Is Islamic Finance And How Does It Work?

​Islamic finance is a way of doing financial transactions and banking while respecting Islamic law or sharia. Islamic finance hardly existed 30 years ago yet today is a $4 trillion industry with hundreds of financial institutions located in more than 80 countries. Islamic banks are by far the biggest players in the Islamic finance industry and account for $1.75 trillion or 70% of …

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Islamic Finance Q & A eBook – Fatwa of Muslim Minorities Series (1)

Download Now The first part of the series "Fatwas of Muslim Minorities" focuses on the financial issues that face Muslim minorities. Many of Muslims' concerns and questions related to banks, loans, mortgage, insurance, business, investment, retirement plans, etc., are answered in this book. Source: http://www.onislam.net

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The Role of the Regulator in ensuring the progress of Islamic Finance – Suresh R. I. Perera LLB, Attorney at Law, ACMA Principal, Tax & Regulatory – KPMG Sri Lanka

“…I trust that you will agree that Islamic Finance, at least for jurisdictions like Hong Kong, means change – a change perception, a change in skills, a change in structures and techniques, in contracts, standards, and so on. Change in all its many forms, is happening within the global Islamic finance arena, even as we speak…” – Mr. Eddie Yue, Deputy Chief Executive …

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Unveiling the importance of Islamic agro-banking in Sri Lanka by Muath Mubarak

Muath Mubarak is a Director of Studies and Corporate Strategy for First Global Knowledge Centre (FGKC), a Sri Lanka-based conglomerate of companies involved in the Islamic finance industry. Previously he was working for Barwa Bank, a newest fully fledged Islamic Bank in Qatar. He is an Associate member of Chartered Institute for Securities & Investments (CISI) – UK and an …

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HISTORY OF DINAR & DIRHAM

In the beginning the Muslims used gold and silver by weight and the dinar and dirhams that they used were made by the Persians. The first dated coins that can be assigned to the Muslims are copies of silver dirhams of the Sassanian Yezdigird III, struck during the Khalifate of Uthman, radiy'allahu anhu. These coins differ from the original ones …

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