Islamic scholars call for "more attention to morals than law"
Islamic scholars call for ‘more attention to morals than law’
Our Mission is to provide Muslims world wide with useful and practical information about Islamic investment, Islamic banking, Islamic finance, and Islamic insurance consistent with their beliefs and values.
Our vision is to help Muslims help themselves, help each other and help others by growing their wealth, and serving their financial needs in an Islamically Correct® way.
On this site you can:
- Get basic information on Islamic investment, Islamic banking, Islamic finance, and Islamic insurance options are available.
- Understand what the basic finance and investment terminology in today's marketplace.
- Be able to identify what financial services and investments are allowed or prohibited under Islamic principles.
- Share their experience on Islamic investment, Islamic banking, Islamic finance, and Islamic insurance with fellow Muslims around the world.
- Share any news, conferences or courses related to Islamic investment, Islamic banking, Islamic finance, and Islamic insurance that would be interesting for Muslims.
- Find business partners or venture capital to invest in your project.
- Get advice and give advice and views with other Muslim visitors of this site.
Al Baraka to deploy Misys Equation Islamic Core Banking system
The Bahrain based leading Islamic Banking conglomerate the Albaraka Banking Group B.S.C. (ABG) today announced that it has finalized an Agreement with Misys on behalf of certain ABG Group members. According to this agreement ABG will be deploying Misys Equation Islamic core banking system.
Tapping Indonesia's Islamic potential for Islamic finance
Indonesia is taking steps to ramp up its Islamic banking sector, which some financial analysts believe has the potential of creating the largest sharia finance area in the world.
President Susilo Bambang Yudhoyono said at the recently completed World Islamic Economic Conference in Kuala Lumpur that his government intends to push through the regulatory change necessary to support the industry's development, which
still only accounts for about 2% of total Indonesian banking activity.
French Business School Adds Islamic Finance to the Curriculum
In anticipation of a move into the Persian Gulf, a leading French business school is introducing Islamic finance into its curriculum.
In doing so, the Lille Graduate School of Management, or ESC Lille, joins a growing number of business schools exploring ways to integrate Islamic financial principles into their programs.
Islamic Sharia to dominate Gulf project finance
Islamic finance could soon wrest control of the $50 billion Gulf Arab project finance market, aided by government inducements and investors looking for alternatives to conventional funding, industry officials said.
Conventional financing now dominates the Gulf Arab market which accounted for almost $1 in every $3 raised for project financing last year, according to HSBC Holding.
Book: Virginia Morris and Brian Ingram: Guide To Understanding Islamic Investing
Virginia Morris and Brian Ingram have authored abook on Islamic Investing.
This first-of-its-kind guide provides the information and guidance that Muslims need to make informed investment choices while conducting their financial lives in accordance with Islamic principles. A concise 64 pages, the guide is an ideal introduction for Muslim investors, as well as an essential resource for financial professionals who work with Muslim clients.
Complacency warning for banks as Gulf wealth grows
The huge growth in liquidity in the Gulf bodes well for Islamic finance houses, but they need to avoid becoming complacent, financial experts warned yesterday.
Islamic banks will need to work hard to target wealthy individuals in the Gulf, many of whom value quality of service over Sharia compliance, said executives from Ernst & Young at the launch of the company's annual Islamic Funds and Investments Report.
Emirates Islamic Bank launches specialised services for women
Emirates Islamic Bank (EIB), recently launched Al Reem, a specialised banking service designed to cater to the banking and financial needs of women in the region.
This Sharia-compliant service will provide innovative and simple solutions to female customers, the bank said in a statement.
Kuwait's Dar plans Airbus Islamic finance venture
Kuwait's Islamic firm Investment Dar is in advanced talks with European plane maker Airbus to set up a joint venture to finance aircraft purchases, a newspaper said on Saturday.
Kuwait's al-Rai newspaper said the joint venture would have a capital of 100 million dinars ($347.1 million), of which 50 % would be sold in a private placement. It did not disclose the source of the report.
Investment Dar could not be immediately reached for comment. A spokesman for EADS had no immediate comment.
Course: Modern Islamic Financial Markets
London, UK
Modern Islamic Financial Markets - financial training courses, in-house courses, legal and lease training courses
COURSE OBJECTIVES