New Horizon

September 2000 (Issue 102)

Comment

Islamic banking: Claims and practices

Feature

Islamic banks, though thriving on Islamic sentiments of their clients, do not seem to be abiding by the basic requirements of the Shariah with regards to the prohibition of interest, claims Abdul Wadood Khan, a scholar on Islamic banking.

Islamic banking in Australia Seeds of Islamic Banking In Australia Abdel Karim Halabi and Abdul Malik Mirza report on the recent growth of Islamic Banking in Australia.
IIBI Guest Column IIBI Guest of the month is Ajmal Bhatty, Managing Director Takaful International, Bahrain. Mr Bhatty's article is on Insurance and Takaful.
Islamic Mortgages

Financing of first US multi-family real estate project compliant with Islamic precepts - Michael McMillen, Esq and James Godec report on the first Shariah compliant real estate project in the US and disclose the role of the key players involved.

IIBI Forum

IIBI Shariah Scholars provide answers to questions and issues pertinent to Islamic banking

IIBI News

Report on Institutes Activities

IIBI Ratings

Capital Intelligence ratings of Islamic financial institutions

Corporate profile

The financial and business analysis of Islamic financial institutions

Islamic Financial Market Indices The Dow Jones Islamic Market Index & The International Investor FTSE Global Islamic Indices
News Monitor

New Horizon reports on recent developments within the Islamic financial world

The Exchange Rates

Courtesy of the United Bank of Kuwait, London