Browsing by Topic Islamic wealth management

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Showing results 29 to 38 of 88
  • giving_back_cash_waqf_malaysia_magda_2010.pdf.jpg
  • Industry Article


  • Authors: Ismail Abdel Mohsin, Magda (2010-01-01)

  • The institution of waqf, or an Islamic foundation, has played a significant role throughout Islamic history, from the time of the Prophet (pbuh) to the present time. Although this institution existed before the coming of Islam, Islam was the first religion to develop its legal system and to regulate it. It became the main device created by Muslims to facilitate most social services such as education, health care, national security, transportation facilities, basic infrastructure, etc., without any cost to the government. Recently, the creation of new waqf has concentrated mainly on movable waqf, i.e., cash waqf.

  • hybrid_model_zakah_Waqf_Qard-hassan_magda_othman.PDF.jpg
  • Journal Article


  • Authors: Ismail Abdel Mohsin, Magda; Alhabshi, Syed Othman (2016)

  • The failure of interest based programmes, such as micro-finance and anti-poverty programmes, in assisting the destitute, eradicating poverty and reducing income inequality encouraged the authors to study in depth the alternative financial institutions to interest/riba that can solve such problems rather than harming individuals, communities, societies and countries. This raises the question of whether the different Islamic financial institutions can eradicate poverty, reduce inequalities and provide microfinance with zero-interest. The answer to this will be presented throughout this paper.

  • IFHubEd5_income_inequality_reduction_magda.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ismail Abdel Mohsin, Magda (2017)

  • According to the World Bank Statistics (2012) more than 80% of the world's population live in countries where income inequality is very wide. The latest Oxfam report shows that the richest 1% of the world population holds over 50% of the world's wealth. This means that 62 richest people own an estimated wealth of US$1.76 trillion which is equivalent to the wealth of 3.5 billion people who make the poorest half of the world population (2015). The failure of the capitalist system in reducing this income inequality encourages economists to provide justification for this huge gap between the rich and the poor. Some economists believe that the main causes of this income inequalities is due...

  • integration_of_Islamic_philanthropic_economic_services_for_alleviation_of_poverty_the_case_of_affordable_housing_magda_et_al.pdf.jpg
  • Academic Presentation


  • Authors: Ismail Abdel Mohsin, Magda; Alhabshi, Syed Othman; Shaikh Abdul Razak, Shaikh Hamzah; Sadr, Seyed Kazem (2016)

  • The main objective of this paper is to draw the attention to the four remarkable financial institutions which are meant to eradicate poverty, reduces inequalities and narrowing down the gap between the rich and the poor in ethical and just a way. These financial institutions are the zakah, waqf, qard-hassan and interest-free financial institutions.

  • An_introduction_to_cash_waqf_Aishath.pdf.jpg
  • Industry Article


  • Authors: Fikry, Mohammad Aly; Mohamed Hadary, Mohamed Serilkhetim; Muneeza, Aishath (2018)

  • Cash waqf is a type of waqf categorized as movable waqf. Like other waqf, cash waqf aims to promote service to mankind by establishing waqf using money. Historically, cash waqf was widely used by the Ottoman Empire since the end of 16th century. At that time, cash waqf was used to finance entrepreneurs for their business, and then the return was used for public service such as hospitalization, education, water channelling, bridges, roads, etc. Cash waqf played an important role in the economy of the empire.

  • islamic_case_study_zakah_alleviating_poverty_through_tax_rebate_magda.pdf.jpg
  • Industry Article


  • Authors: Ismail Abdel Mohsin, Magda; Saiti, Buerhan (2011)

  • From a mere glance at Muslim countries today, we realize that they are classified as third world countries even though they are adopting a secular system. The recent statistical data of 2009 shows that the majority of people who live below poverty are found in Muslim countries such as; Afghanistan 53%, Eritrea 50%, Yemen 45%, Bangladesh 45%, Sudan 40%, Pakistan 24%, Algeria 23%, Egypt 20%, Turkey 20%, and Indonesia 18%. Some scholars related this fact to the oppression, humiliation and the bad policies which had been imposed to almost all Muslim countries during colonization and which continued up to the present time. Others related this to the incompetence and the corruption on the p...

  • IF_how_can_reduce_gap_between_rich_poor.pdf.jpg
  • Academic Presentation


  • Authors: Ismail Abdel Mohsin, Magda (2017)

  • The main objectives of this study are: 1) to present the main cause of the huge gap between the rich and the poor since 1970s; 2) to highlight the Islamic approach in handling economic development in a just and ethical manner; 3) to present the alternative financial institutions to interest/riba-based institution providing their financial products, their objective and their impact in narrowing the gap between the rich and the poor.

  • 2016_aug_16_islamic_social_philanthropy_alhabshi.pdf.jpg
  • Academic Presentation


  • Authors: Alhabshi, Syed Othman (2016-08-16)

  • When the Prophet (saw) first received the revelation, he was so scared and went back to his beloved wife Khadijah to cover him up. Khadijah comforted him by saying that Allah would not for sake you because you help the poor, you love orphans, you helped people, etc. Early converts were mostly the poor and slaves. Only a few were wealthy individuals such as Abu Bakr As-Siddiq and Uthman Ibn Affan (ra).

Browsing by Topic Islamic wealth management

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 29 to 38 of 88
  • giving_back_cash_waqf_malaysia_magda_2010.pdf.jpg
  • Industry Article


  • Authors: Ismail Abdel Mohsin, Magda (2010-01-01)

  • The institution of waqf, or an Islamic foundation, has played a significant role throughout Islamic history, from the time of the Prophet (pbuh) to the present time. Although this institution existed before the coming of Islam, Islam was the first religion to develop its legal system and to regulate it. It became the main device created by Muslims to facilitate most social services such as education, health care, national security, transportation facilities, basic infrastructure, etc., without any cost to the government. Recently, the creation of new waqf has concentrated mainly on movable waqf, i.e., cash waqf.

  • hybrid_model_zakah_Waqf_Qard-hassan_magda_othman.PDF.jpg
  • Journal Article


  • Authors: Ismail Abdel Mohsin, Magda; Alhabshi, Syed Othman (2016)

  • The failure of interest based programmes, such as micro-finance and anti-poverty programmes, in assisting the destitute, eradicating poverty and reducing income inequality encouraged the authors to study in depth the alternative financial institutions to interest/riba that can solve such problems rather than harming individuals, communities, societies and countries. This raises the question of whether the different Islamic financial institutions can eradicate poverty, reduce inequalities and provide microfinance with zero-interest. The answer to this will be presented throughout this paper.

  • IFHubEd5_income_inequality_reduction_magda.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ismail Abdel Mohsin, Magda (2017)

  • According to the World Bank Statistics (2012) more than 80% of the world's population live in countries where income inequality is very wide. The latest Oxfam report shows that the richest 1% of the world population holds over 50% of the world's wealth. This means that 62 richest people own an estimated wealth of US$1.76 trillion which is equivalent to the wealth of 3.5 billion people who make the poorest half of the world population (2015). The failure of the capitalist system in reducing this income inequality encourages economists to provide justification for this huge gap between the rich and the poor. Some economists believe that the main causes of this income inequalities is due...

  • integration_of_Islamic_philanthropic_economic_services_for_alleviation_of_poverty_the_case_of_affordable_housing_magda_et_al.pdf.jpg
  • Academic Presentation


  • Authors: Ismail Abdel Mohsin, Magda; Alhabshi, Syed Othman; Shaikh Abdul Razak, Shaikh Hamzah; Sadr, Seyed Kazem (2016)

  • The main objective of this paper is to draw the attention to the four remarkable financial institutions which are meant to eradicate poverty, reduces inequalities and narrowing down the gap between the rich and the poor in ethical and just a way. These financial institutions are the zakah, waqf, qard-hassan and interest-free financial institutions.

  • An_introduction_to_cash_waqf_Aishath.pdf.jpg
  • Industry Article


  • Authors: Fikry, Mohammad Aly; Mohamed Hadary, Mohamed Serilkhetim; Muneeza, Aishath (2018)

  • Cash waqf is a type of waqf categorized as movable waqf. Like other waqf, cash waqf aims to promote service to mankind by establishing waqf using money. Historically, cash waqf was widely used by the Ottoman Empire since the end of 16th century. At that time, cash waqf was used to finance entrepreneurs for their business, and then the return was used for public service such as hospitalization, education, water channelling, bridges, roads, etc. Cash waqf played an important role in the economy of the empire.

  • islamic_case_study_zakah_alleviating_poverty_through_tax_rebate_magda.pdf.jpg
  • Industry Article


  • Authors: Ismail Abdel Mohsin, Magda; Saiti, Buerhan (2011)

  • From a mere glance at Muslim countries today, we realize that they are classified as third world countries even though they are adopting a secular system. The recent statistical data of 2009 shows that the majority of people who live below poverty are found in Muslim countries such as; Afghanistan 53%, Eritrea 50%, Yemen 45%, Bangladesh 45%, Sudan 40%, Pakistan 24%, Algeria 23%, Egypt 20%, Turkey 20%, and Indonesia 18%. Some scholars related this fact to the oppression, humiliation and the bad policies which had been imposed to almost all Muslim countries during colonization and which continued up to the present time. Others related this to the incompetence and the corruption on the p...

  • IF_how_can_reduce_gap_between_rich_poor.pdf.jpg
  • Academic Presentation


  • Authors: Ismail Abdel Mohsin, Magda (2017)

  • The main objectives of this study are: 1) to present the main cause of the huge gap between the rich and the poor since 1970s; 2) to highlight the Islamic approach in handling economic development in a just and ethical manner; 3) to present the alternative financial institutions to interest/riba-based institution providing their financial products, their objective and their impact in narrowing the gap between the rich and the poor.

  • 2016_aug_16_islamic_social_philanthropy_alhabshi.pdf.jpg
  • Academic Presentation


  • Authors: Alhabshi, Syed Othman (2016-08-16)

  • When the Prophet (saw) first received the revelation, he was so scared and went back to his beloved wife Khadijah to cover him up. Khadijah comforted him by saying that Allah would not for sake you because you help the poor, you love orphans, you helped people, etc. Early converts were mostly the poor and slaves. Only a few were wealthy individuals such as Abu Bakr As-Siddiq and Uthman Ibn Affan (ra).