New Horizon

(Issue 43)

Comment

Wanted: A Central Plan for Development of Islamic Banking

Feature Focus on Islamic Development Bank's Aid Projects
The Islamic Development Bank's accomplishments in its world-wide aid projects have included relief work, education and agricultural help. Daphne Buckmaster assesses the success of these activities.
Riba Interest-Free Financing Agreement
The International Finance Corporation has made interest-free financing agreements with three Modaraba companies in Pakistan, totalling $40 million. Dr. Shahid Siddiqui takes a considered look at the workings and the implications of the agreements.
Islamic Banking 'Banking in the Middle East' - A Financial Times Report
Financial Times, Insurance & Professional Publishing, has produced a report by Andrew Cunningham entitled 'Banking in the Middle East'. The report extensively covers the individual financial systems of all the countries in the region.
Management The concept of Leadership in Islam
Dr. Saad Al-Harran
discusses various leadership styles in accordance with Shari'a principles.
Corporate Profile
Muslim Commercial Bank
Muslim Commercial Bank has performed impressively for the year ended 1994, showing significant increases in deposits and a tremendous increase in pre-tax profits.
Corporate Profile
The National Development Leasing Corporation Limited, Dr. Shahid Siddiqui analyses the surprising achievements of 'The National Development Leasing Corporation', despite great political and economic upheaval in Pakistan.
Corporate Profiles

Bank Rakyat
In its continuing drive towards increasing its Islamic banking operations, Bank Rakyat (Malaysia) has managed to achieve its highest ever profits for the year ending 1994.

IIBI Forum

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

IIBI News

Report on Institutes Activities

News Monitor

New Horizon reports on recent developments within the Islamic financial world