|
(Issue 68)
|
| Comment |
Where
are the Personal Loans?
|
| Feature |
Istijrar:
A Product of Islamic Financial Engineering
Risk management due to price volatility has led to the
development of various hedging tools that involve the
use of options, futures, swaps etc. However, most of these
tools can also be used for speculation and arbitrage which
is not Islamically permissible. Dr Mohammed Obaidullah
closely examines the Islamic alternative, Istijrar, comparing
it with similar products of conventional financial engineering,
and making a strong case for its use. |
|
Islamic
Equity Markets
|
Islamic
Equity Markets
Using Malaysia as a reference model, Dato Dr Abdul
Halim Ismail discusses the history of Equity and Debt
financing; its place in an Islamic financial system; what,
if any, differences there are to the conventional system;
and its role in developing Capital markets, vital to wealth
creation and economic development. |
|
Riba
|
Does
Zero Interest Rate Equal Zero Discount Rate? Imtiaz Ahmed
Pervez compares and contrasts the rate of return on
investment and the interest rate. |
| 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
|
