KEWANGAN ISLAM DAN MAQASID AL-SHARIAH
Assalamualaikum wbt. Alhamdulillah rabbi a’lamin nahmaduhu wa nasta’inuhu wa nastaghfiruhu wa min syururi anfusina wamin saia’ti a’malina tahhiyatan toiyyibah wabarakatan min ‘indillah. Amma ba’du.
Terima kasih kepada Pengerusi Majlis, saudara moderator, Irfan Fairus, para pensyarah, tetamu-tetamu kehormat, para pelajar dan seterusnya para hadirin dan hadirat yang dihormati Allah SWT sekalian. Terima kasih kepada pihak penganjur.... Read More
The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five
Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term... Read More
IDB, WB eye $1.9 trillion Islamic finance market
Rodolfo C. Estimo Jr. | Available at http://www.arabnews.com/node/1231276/saudi-arabia
RIYADH: The Islamic Development Bank (IDB) and the World Bank are to use the rapidly growing Islamic finance market for infrastructure development projects through public-private partnerships (PPP).
The IDB recently organized a forum in Washington in partnership with the World Bank on this subject, IDB spokesperson Dr. Abdul-Hakim... Read More
The Future of Islamic Finance
The collapse of long established industry players that assume to be immune or “too big to fail” such as Bear Stearns, Lehman Brothers and others is a clear indication of a systemic economic failure. This tension leads to numerous debates on the cause of the meltdown and the primary cause of the crisis. While... Read More
Does Islamic Financial Institution Need to Pay Zakat?
Former Chief Justice of Malaysia, Tun Abdul Hamid Mohamad who is also ex-member of the Syariah Advisory Council of the Bank Negara Malaysia made a significant statement that zakat to be collected only from persons professing the religion of Islam but not for companies and this include Islamic financial institutions (IFIs).... Read More
KE MANA HALA TUJU KEWANGAN ISLAM?
Harapan yang sangat tinggi diletakkan kepada kewangan Islam untuk memberikan sumbangan yang lebih signifikan kepada pembangunan, kadar pertumbuhan ekonomi dan sektor kebajikan sosial serta mampu menjadi peneraju bagi mengurangkan ketidakadilan ekonomi dan merapatkan jurang kemiskinan. Aspirasi dan paradigma ideal kewangan Islam perlu berubah daripada ‘Financial Intermediaries’ kepada ‘Investment Intermediaries’ untuk ia lebih signifikan... Read More
Dana axes offer to swap RM3bil bond in pivotal Islamic finance case
Available at http://www.thestar.com.my/business/business-news/2017/07/31/dana-axes-offer-to-swap-rm3bil-bond-in-pivotal-islamic-finance-case/#AfuOhHceV9SgVR2T.99
DUBAI: Dana Gas has revoked an offer to creditors to exchange its outstanding US$700mil (RM3.0bil) Islamic bond for new notes, ending the chance of a consensual resolution to a case that could shape the future of the global Islamic finance industry.
Dana is refusing to repay holders... Read More
Why 2017 Could Be a Breakthrough Year for Islamic Finance
4 million Muslims in the U.S. make up one of the highest earning demographics in the country. Unsurprisingly, they’re looking to invest in financial vehicles that mirror their own beliefs.
Junaid Wahedna | May 22, 2017
With assets growing at double-digit rates over the past decade, Islamic finance is ascending to greater... Read More
UKIFC and CMS join forces to drive growth in Islamic finance industry
The partnership launches at a time when global Islamic finance assets are expected to rise from $2 trillion in 2015 to $3.5 trillion by 2021 – representing a 12 per cent compound annual growth rate. Islamic banks are likely to be the main driver of this growth, with... Read More
IMF eyes Islamic finance stability, warns of hybrid risks
Available at: http://www.straitstimes.com/business/imf-eyes-islamic-finance-stability-warns-of-hybrid-risks
WASHINGTON (REUTERS) – The International Monetary Fund plans to formally include Islamic finance into its surveillance framework, a nod to the fast-growing sector but noting risks posed by complex hybrid products that replicate conventional ones.
The IMF’s executive board said late on Tuesday it had adopted a set of proposals... Read More