New Horizon

(Issue 46)

Comment

Takaful Why the Neglect ?

Feature Accounting and Auditing Issues in Islamic Banking
Anne Simpson, partner, Price Waterhouse, at the Institute's monthly lecture series, discussed the numerous accounting and auditing issues in the Islamic banking system.
Islamic Banking
The Philosophy and Objective of Islamic Banking: Revisited
"It is imperative that Islamic banks are staffed by people who are...well versed in the Islamic financial system...and are committed to it. At present all Islamic bankers do not fall in this category," A climacteric comment which needs to be examined, writes Sudin Haron.
Riba
Jihad' Against Capitalism
Former National Investment Trust (NIT) Chairman, S.M.A. Ashraf, explains the pivotal steps necessary to achieve an interest-free economy.
IIBI

Institute Hosts First Annual Dinner
Islamic Banking means more than just 'interest-free'. This issue was raised at the Institute of Islamic Banking and Insurance's dinner, by HRH Prince Faisal.

IIBI A View From the City
Guest speaker at the dinner was Mr Robin T. Fox, Group Vice Chairman of Kleinwort Benson and Mr Muazzam Ali, Chairman of the Institute.
IIBI Companionship Awarded to Omar A Ali
Omar Abdi Ali, Chief Operating Officer, Dar Al Maal Al Islami Group, was awarded 'Companionship' of the Institute of Islamic Banking, during November's session of the monthly lectures. Afterwards he spoke in response to a key lecture delivered by Michael Ainley.
Islamic Banking A Central Bank's View of Islamic Banking
Michael Ainley, senior manager at the Bank of England, Surveillance and Supervision sectio, is in charge of 30 Middle Eastern Banks and their development. He discusses the Bank of England's position on Islamic Banking.
Finance The Financial Instruments Used By Islamic Banks
In this issue we publish in the second of two instalments, a paper delivered by Imtiaz Ahmad Pervez, member of the board of directors of the Faysal Islamic Bank of Bahrain EC, at the Institute of Islamic Banking and Insurance.
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