One of the recent fastest growing activities among private investors has been Foreign Exchange (FX) trading. The paper discusses this trade for the Muslim investor from a Shariah compliance aspect. With an initial discussion on the concept of money followed by its juristic interpretations, the insight sheds light on the different methods and products to FX trade. Money cannot be treated as a commodity hence the Muslim trader has to ensure currencies comply with the “Laws of Sarf” to ensure compliance. Enjoy a good read into the Islamic perspective of Currency trading here.Fatwa, Fiqh, Gharar,...

An Insight into Shariah Contracts Used to Structure Current Accounts of Islamic BanksFiqh, Hadith, Haram, Hibah, Islamic banking, Makruh, Riba, Shariah, Tawarruq, Wakalah

Charity Funds in Islamic Banking Institutions (IBI) - A Conflicting PolicyIslamic banking

Benchmark Rate in Project Valuation & Security Analysis in an Islamic Economy Islamic banking, Musharakah, Zakat

Analysis of Interest {Riba} in Islamic LawHadith, Islamic banking, Riba, Sahih, Shariah

Loan market across GCC is expected to suffer during the rest of this year due to exceptionally excellent market conditions for fixed income instruments. But don't take my word for it.Dealogic data shows that year to date loan volumes across emerging Europe, the Middle East and Africa dropped 62 % in 2019 compared with 2018, with 174 deals in 2018 versus 69 ones in 2019.The cost of funding on bonds has gone down for borrowers this year.  In the last two months in Saudi Arabia, borrowers from different sectors: Almarai, one of the largest regional dairy companies, and Saudi Telecom...

A fastest growing segment for the investment world, ETFs & ETNs provide liquid access to every asset class. However, for Islamic investors to benefit, such Funds fall short of Shariah compliance issues. Hence a Shariah complaint ETF must undergo Shariah screening of its business activity as well as financial ratios. Generally, such funds accompany with a presence of Shariah board that overlooks all aspects of the fund to ensure conformance. Click here for an in-depth analysis of ETFs & ETNs and Shariah compliance. Fiqh, Mufti, Riba, Shariah, Shariah compliant, Receivables

Bank Specific Characteristics and Profitability of Islamic and Conventional Banks in MalaysiaIslamic banking

On the nexus between Stock Market Fluctuations and the Demand for Money in Saudi Arabia

Customers Perception on Islamic Bank Products (A Case Study of Islamic Bank "X")