New Horizon

(Issue 62)

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Islamic Banking: A Ray of Hope

Feature Islamic Banking: A Systems Perspective,
Mustafa M Turki
highlights the main issues concerning Islamic banking from a systems point of view. While promoting the idea of a model system, he explains the need for a detailed assessment of the business and computer system requirements, and the adoption of an appropriate system design strategy.
Ijara (Leasing)
Leasing in Islam
Leasing is a multi-million dollar industry and, incredibly, it was institutionalised in Islam some fourteen centuries ago. Afzal Elahi, looks at how leasing in Islam works, reveals its benefits, and glances back at its history.
Islamic Banking
The Challenges for Islamic Banking
Islamic banks operating in a modern economy face their own unique set of challenges. These have to be addressed urgently if Islamic banks are to prosper, grow, or even survive. Mohsin S Khan explains.
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