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(Issue 51)
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| Comment |
Accountable
to Islam
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| Feature |
Islamic
Financial Instruments: Definitions and Types
Abdul Awwal Sarker in the second and concluding part
of this paper, discusses the nature of Islamic financial
instruments that have already been introduced, and the
possible instruments proposed by Islamic economists. |
|
Islamic
Instruments
|
Islamic
Instrument Study Group: A Report
Dato' Sheikh Azmi Ahmad, Mufti of the State of Pulau
Pinang, Malaysia, discusses the establishment and functions
of the Islamic Instrument Study Group (IISG) of the Securities
Commission which he has chaired since its inception. This
paper was delivered at the International Capital Market
Conference in Kuala Lumpur. |
|
Takaful
|
The
Concept and Operational System of Takaful Business
At the family Takaful Forum in Jakarta, Mohammed Fadzli
Yusof, explains why the concept of insurance does
not contradict the Shariah, and that Islamic insurance
should be based on the principles of mutuality and co-operation.
He goes on to examine in detail how this concept of compensation
and group responsibility works. |
| 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
|