Tags » Islamic Finance

Could principles of Islamic finance feed into a sustainable economic system?

Timothy Spangler

The sharia principle that no one should profit purely from loans might contribute towards a sustainable economy

Fri 18 Oct 2013 1
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Pakistan offers enormous investment opportunities in warehousing and logistics

Agriculture sector is the prime mover of Pakistan’s economy. It contributes 20% share to country’s total GDP, employs 42% of labor force and provides livelihood to 66% of the population. 939 more words

Islamic Finance

Pakistan has all basic ingredients of promising and emerging Islamic Finance market

Rizwan Hussain is currently Managing Director of Takaful Pakistan Limited. He recently acquired majority stake in the Company. Prior to this acquisition, Rizwan has served at key positions at EFU General Insurance Limited. 776 more words

Risk Mitigation

Islamic Finance

Risk sharing or risk transfer?

In Islamic finance investors make funds available to entrepreneurs on the basis of risk sharing rather than by means of contracts that confine all risks of business enterprise to the entrepreneurs. 75 more words

Issues In Islamic And Conventional Finance

Articles on MENA jobless rate, Islamic finance, and Estonia

Phil researched and wrote three articles for the latest edition of EMEA Finance magazine looking at issues in the Middle East and eastern Europe.

In a long feature based on a major conference held in Morocco and follow-up interviews, Phil looked at the challenges posed to the North African region from high rates of unemployment, especially among the youth, and what countries and agencies can do to tackle that. 187 more words

Act of faith: Islamic finance

Around 225m of Indonesia’s citizens are Muslim, more than anywhere else, from a population of 260m. Yet sharia-compliant lenders account for only 5.8% of total assets. 127 more words

The Economist

Issues in Islamic and Conventional Finance

The analysis presented here argues that the problems afflicting present-day economies arise primarily from the use of interest-based banking. Analysis shows that, in contrast to the teaching of mainstream economic theory, interest as an incentive for ensuring an efficient allocation of resources simply does not, and cannot, achieve results that are in any sense comparable to those that may be achieved when profit is used for the purpose. 55 more words

Islamic Finance