New Horizon

(Issue 72)

Comment

Islamic Mortgages in Europe - A Big Market Not Yet Fully Tapped

Feature Islamic Banking - Where are we Going Wrong?
"Present half-hearted attempts to "convert" conventional banking into Islamic banking by mere changes in semantics and procedures would not, and do not, take us anywhere," writes Anwar Ahmed Meenai, who examines the crucial differences between the Islamic and conventional banking, and concludes that Islamic banking needs a radical change in its environment in order to flourish.
Islamic Financing Opportunities
Islamic Financing Opportunities in Labuan IOFC, Dr Awang Adek Hussin extols the unique facilities and incentives offered by the Labuan International Offshore Financial Centre to attract Islamic financing, in its endeavour to becoming the main international centre for Islamic financing.
Islamic Mortgages
UK Property: Ideal Growth Area for Islamic Investments, Jeremy Martin explains why investment in UK property is not only a profitable growth area, but also the ideal way to avoiding the various stumbling blocks, faced by the other types of investment areas, in gaining Shariah approval.
Book Review

Islamic Finance - A Partnership for Growth
By Philip Moore
, published by Euromoney Publications. This book examines Islamic Finance and attempts to address the Western banker's lack of familiarity with Islamic banking. It provides a thorough overview of the underlying principles, various components and the practical application of Islamic finance.

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