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(Issue 67)
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| Comment |
Islamic
Finance - A Way of Life
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| Feature |
Islamic
Banking and its Mode of Investments, Nasiruddin Ahmed
describes in detail the Islamic financing techniques used
by Islamic financial institutions in different countries
today. He explains the definition of an Islamic bank,
and looks at the various modes of investment currently
available. |
|
Islamic
Finance
|
Blueprint
for an Islamic Financial System
A blueprint of an Islamic financial system prepared by
the International Institute of Islamic Economics (IIIE),
International Islamic University (IIU), has advised the
government to review Pakistan's relationship with the
interest-based financial institutions such as IMF and
the World Bank, "because of the Divine prohibition
of co-operation in Shariah-proscribed matters," writes
M Ziauddin |
|
Islamic
Investments
|
Modes
of Investment in Islamic Banking
Does zero-rate of interest equal zero-rate of return?
Is there an alternative to risk-taking investment? From
time to time, questions such as these are asked of Islamic
banking by people from all walks of life, and especially
by the bankers who are still struggling with a system
that presumes integrity and truthfulness. Anwar Ahmed
Meenai, discusses the questions. |
| Book
Review |
Islamic
Finance
Published by FT Finance, Islamic Finance by Rodney
Wilson, is a valuable addition to the slowly but
steadily growing library of literature on Islamic banking.
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| Thoughts
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A
Mature Step forward - D8
The coming together of the eight Islamic nations to form
a forum for economic co-operation, namely the Developing
Eight, should receive a cautious welcome throughout the
Islamic world. |
| IIBI
Forum |
IIBI
Shariah Scholars provide answers to questions and issues
pertinent to Islamic banking
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| IIBI
News |
Report on Institutes Activities
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| News
Monitor |
New
Horizon reports on recent developments within the Islamic
financial world
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