Browsing by Topic Islamic finance

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Showing results 15 to 24 of 275
  • basel_accords_islamic_finance_special_reference_malaysia_zubair.pdf.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2014)

  • The worldwide colossal failures of financial institutions in the wake of the 2007-2010 financial turmoil the yesteryear advocates of liberalization and privatization converted almost overnight into vocal supporters of raising the safety walls around the interests of various stakeholders, especially the depositors. Admittedly, it was the heightened lure of leverage gains that led the financial institutions to expand credit beyond what the volume and quality of their capital assets warranted without crossing the limits of safety. The devastation led to a focus-shift so to say at the national and international level in finance specifically to capital adequacy that financial institutions ...

  • belt_and_road_initiative_and_Islamic_financing_jinzi_aishath.pdf.jpg
  • Journal Article


  • Authors: JinZi, Chu; Muneeza, Aishath (2019)

  • China's One Belt and One Road (OBOR) is a global trade network across Asia, Africa, Europe and Oceania. Also known as Belt and Road Initiative (BRI), OBOR is an attempt to redraw ancient Silk Road to foster global trade and economic development. Nearly 30 Muslims-majority countries are part of China's vision of BRI. The purpose of this paper is twofold: first, to investigate how public private partnership (PPP) has been applied in BRI projects; and second, to explore how Islamic finance can fit within a PPP context. This paper proposes a framework for using Islamic finance in infrastructure PPP projects. This paper also analyses two PPP projects where Islamic finance was deployed as p...

  • big_data_analytics_kinan et al.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Salim, Kinan; Alchaar, Mhd Osama; Noushad, Neha Sarah (2019)

  • As the Fintech evolution transforms the banking sectors worldwide, the players in the market are hard-pressed to experiment the tremendous opportunities that the application of the likes of Blockchain, Big Data and Artificial Intelligence et cetera would have on the financial world. As the volume of the data continue to expand, the possibilities that this raw data materializes in the form of opportunities lean towards limitless. Organizations such as financial institutions must be vigilant of the prospects that such data can reveal and the extend of leverage that they can exercise to build insights for their consumers, products, and services. Big data analytics have alone become the d...

  • blockchain_its_Shariah_compliant_structure_aishath et al.pdf.jpg
  • Chapter in Book


  • Authors: Muneeza, Aishath; Mustapha, Zakariya (2019)

  • Islamic finance has gained momentum in the world today. Irrespective of faith conviction, it has been accepted as a mode of financing in the world. The development of Islamic finance was gradual in the past. At the initial stage of its development, Islamic finance was concerned more with Shariah compliance of transactions and contracts used in it. Subsequently, focus was realigned on Shariah harmonisation with respect to juristic views and Shariah governance. Islamic finance encompasses some fundamental religious prohibitions and the promotion of certain virtues enshrined in Islam, to be observed in all ramifications of business dealings, including services provision. Therefore, Islam...

  • can_the_maldives_become_a_global_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • The opposition coalition that won the presidential election in the Maldives on the 23rd September 2018 has the first-ever political manifesto to contain a special agenda for the development of Islamic fi nance, demonstrating the evergrowing demand for Islamic finance in the Maldives.

  • case_riba_free_logo_halal_businesses_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2019)

  • Halal and haram is a concept which every Muslim must adhere to in all their daily affairs. Halal and haram are not terminologies relevant only for food or consumable items. In Shari'ah, the concept of halal and haram is also to be applied in muamalat or commercial matters. In short, all affairs of human must be based on doing what is halal or permissible and abstaining from what is haram or forbidden. According to Thomson Reuters' State of the Global Islamic Economy 2018/19 report, there are 1.8 billion Muslims in the world whose spending was estimated to be $2 trillion in 2017. In addition to Muslims, who made up a quarter of the world population, there are people of other faiths and...

  • central_bank_of_the_maldives_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • The Strategic Plan 2018-22 (the Strategic Plan) of the Maldives Monetary Authority (MMA), the central bank of the Maldives, was launched on the 23rd July 2018. In his inauguration speech, the MMA's governor, Ahmed Naseer, stated that the new strategic action plan for the next four years aims to revolutionize the payment system in the Maldives. The MMA's vision is to become a credible, independent and contemporary central bank committed to maintaining price stability and promoting inclusive, sustainable economic growth. The MMA's mission is to promote the international value and stability of the Maldivian rufiyaa, develop a secure and efficient payment system in the Maldives and foster...

  • ceo_maldives_islamic_bank_retires_Aishath.PDF.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • Harith Harun, the first CEO and managing director of Maldives Islamic Bank, has retired on the 31st March 2018. Harith is a Malaysian citizen who has contributed toward the creation of a fully-fledged Islamic finance industry in the Maldives. He played an instrumental role in creating the Islamic monetary market and other Islamic finance institutions that emerged in the country. The stakeholders of the Islamic finance industry are of the view that Harith leaving the position of the managing director of Maldives Islamic Bank is a loss to the industry. However, Harith will still serve as a director of the bank.

  • challenges_facing_shariah_committees_malaysian_islamic_financial_institutions_shamsher.pdf.jpg
  • Journal Article


  • Authors: Ramadili Mohd, Shamsher Mohamad; Muhamad Sori, Zulkarnain; Mohd Rasid, Mohamed Eskandar Shah (2016)

  • An effective system of rules, practices and processes by which Islamic Financial Institutions (IFIs) are directed and controlled to ensure their business operations are Shariah-compliant, which has important implications on their reputation, Shariah governance and the future growth of Islamic finance industry. Sixteen Chairmen of the Shariah Committees of Islamic financial institutions in Malaysia were interviewed on the challenges faced in carrying out their responsibilities and theri views on effective Shariah Committees. This paper summarizes the various challenges faced by Shariah committees in Islamic financial institutions in Malaysia.

Browsing by Topic Islamic finance

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 15 to 24 of 275
  • basel_accords_islamic_finance_special_reference_malaysia_zubair.pdf.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2014)

  • The worldwide colossal failures of financial institutions in the wake of the 2007-2010 financial turmoil the yesteryear advocates of liberalization and privatization converted almost overnight into vocal supporters of raising the safety walls around the interests of various stakeholders, especially the depositors. Admittedly, it was the heightened lure of leverage gains that led the financial institutions to expand credit beyond what the volume and quality of their capital assets warranted without crossing the limits of safety. The devastation led to a focus-shift so to say at the national and international level in finance specifically to capital adequacy that financial institutions ...

  • belt_and_road_initiative_and_Islamic_financing_jinzi_aishath.pdf.jpg
  • Journal Article


  • Authors: JinZi, Chu; Muneeza, Aishath (2019)

  • China's One Belt and One Road (OBOR) is a global trade network across Asia, Africa, Europe and Oceania. Also known as Belt and Road Initiative (BRI), OBOR is an attempt to redraw ancient Silk Road to foster global trade and economic development. Nearly 30 Muslims-majority countries are part of China's vision of BRI. The purpose of this paper is twofold: first, to investigate how public private partnership (PPP) has been applied in BRI projects; and second, to explore how Islamic finance can fit within a PPP context. This paper proposes a framework for using Islamic finance in infrastructure PPP projects. This paper also analyses two PPP projects where Islamic finance was deployed as p...

  • big_data_analytics_kinan et al.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Salim, Kinan; Alchaar, Mhd Osama; Noushad, Neha Sarah (2019)

  • As the Fintech evolution transforms the banking sectors worldwide, the players in the market are hard-pressed to experiment the tremendous opportunities that the application of the likes of Blockchain, Big Data and Artificial Intelligence et cetera would have on the financial world. As the volume of the data continue to expand, the possibilities that this raw data materializes in the form of opportunities lean towards limitless. Organizations such as financial institutions must be vigilant of the prospects that such data can reveal and the extend of leverage that they can exercise to build insights for their consumers, products, and services. Big data analytics have alone become the d...

  • blockchain_its_Shariah_compliant_structure_aishath et al.pdf.jpg
  • Chapter in Book


  • Authors: Muneeza, Aishath; Mustapha, Zakariya (2019)

  • Islamic finance has gained momentum in the world today. Irrespective of faith conviction, it has been accepted as a mode of financing in the world. The development of Islamic finance was gradual in the past. At the initial stage of its development, Islamic finance was concerned more with Shariah compliance of transactions and contracts used in it. Subsequently, focus was realigned on Shariah harmonisation with respect to juristic views and Shariah governance. Islamic finance encompasses some fundamental religious prohibitions and the promotion of certain virtues enshrined in Islam, to be observed in all ramifications of business dealings, including services provision. Therefore, Islam...

  • can_the_maldives_become_a_global_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • The opposition coalition that won the presidential election in the Maldives on the 23rd September 2018 has the first-ever political manifesto to contain a special agenda for the development of Islamic fi nance, demonstrating the evergrowing demand for Islamic finance in the Maldives.

  • case_riba_free_logo_halal_businesses_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2019)

  • Halal and haram is a concept which every Muslim must adhere to in all their daily affairs. Halal and haram are not terminologies relevant only for food or consumable items. In Shari'ah, the concept of halal and haram is also to be applied in muamalat or commercial matters. In short, all affairs of human must be based on doing what is halal or permissible and abstaining from what is haram or forbidden. According to Thomson Reuters' State of the Global Islamic Economy 2018/19 report, there are 1.8 billion Muslims in the world whose spending was estimated to be $2 trillion in 2017. In addition to Muslims, who made up a quarter of the world population, there are people of other faiths and...

  • central_bank_of_the_maldives_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • The Strategic Plan 2018-22 (the Strategic Plan) of the Maldives Monetary Authority (MMA), the central bank of the Maldives, was launched on the 23rd July 2018. In his inauguration speech, the MMA's governor, Ahmed Naseer, stated that the new strategic action plan for the next four years aims to revolutionize the payment system in the Maldives. The MMA's vision is to become a credible, independent and contemporary central bank committed to maintaining price stability and promoting inclusive, sustainable economic growth. The MMA's mission is to promote the international value and stability of the Maldivian rufiyaa, develop a secure and efficient payment system in the Maldives and foster...

  • ceo_maldives_islamic_bank_retires_Aishath.PDF.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • Harith Harun, the first CEO and managing director of Maldives Islamic Bank, has retired on the 31st March 2018. Harith is a Malaysian citizen who has contributed toward the creation of a fully-fledged Islamic finance industry in the Maldives. He played an instrumental role in creating the Islamic monetary market and other Islamic finance institutions that emerged in the country. The stakeholders of the Islamic finance industry are of the view that Harith leaving the position of the managing director of Maldives Islamic Bank is a loss to the industry. However, Harith will still serve as a director of the bank.

  • challenges_facing_shariah_committees_malaysian_islamic_financial_institutions_shamsher.pdf.jpg
  • Journal Article


  • Authors: Ramadili Mohd, Shamsher Mohamad; Muhamad Sori, Zulkarnain; Mohd Rasid, Mohamed Eskandar Shah (2016)

  • An effective system of rules, practices and processes by which Islamic Financial Institutions (IFIs) are directed and controlled to ensure their business operations are Shariah-compliant, which has important implications on their reputation, Shariah governance and the future growth of Islamic finance industry. Sixteen Chairmen of the Shariah Committees of Islamic financial institutions in Malaysia were interviewed on the challenges faced in carrying out their responsibilities and theri views on effective Shariah Committees. This paper summarizes the various challenges faced by Shariah committees in Islamic financial institutions in Malaysia.