New Horizon

(Issue 73)

Comment

The Greater Responsibilities of Islamic Banks

Feature Some Thoughts on Interest-free Banking - An Indian Perspective. A Hasib looks at the characteristics of interest-free banking and finance, particularly in the context of its potential for operating in India.
Investment Products
Investment Products for Indian Muslims
Dr Mohammad Obaidullah, looks at investment products available to Indian Muslims; presents an anatomy of this new investment alternative, examines if it qualifies as an Islamic product and compares it with existing investment products.
Islamic Banking
Seeking Islamic Banking in Nigeria
Despite the fact that the Nigerian Government issued the Banks and Other Financial Institutions Decree, one that gave legal recognition to the Profit and Loss Sharing system, and which gave unprecedented provisions for the operations of Islamic banks, six and half years later there are still no Islamic banks, writes Mansur A Noibi.
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