July 14, 2009

Five former senior officials from the Islamic Finance Company have been sent to prison.

By Andy Sambidge ( Five former senior officials of an islamic finance firm have been jailed after being found guilty of charges including breach of trust […]
July 10, 2009

Integration Of Islamic Finance Should Be Facilitated Across Jurisdictions

KUALA LUMPUR, July 8 (Bernama) The international integration of Islamic finance should be facilitated by the mutual recognition of financial standards and products across jurisdictions, […]
July 6, 2009

First Islamic bank in Australia?

MCCA announces Islamic bank ambition By Alison Bell Available at Local Islamic banking co-operative, the Muslim Community Co-operative (Australia) Ltd (MCCA) is confident of securing […]
July 1, 2009


30 June 2009. Today Israeli Occupation Forces attacked and boarded the Free Gaza Movement boat, the SPIRIT OF HUMANITY, abducting 21 human rights workers from 11 […]
June 30, 2009

No debt sales, no progress for Islamic finance

By Mohd Johan Lee. Available at: The sale of debt to third parties, especially through multiple securitisations, has been blamed for fueling the worst global […]
June 25, 2009

Boardroom Overhaul in the Middle East

By Bradley Hope, © The National 2009. Available at Under pressure from the economic downturn, companies across the country are shaking up their leadership structures […]
June 21, 2009

TAWARRUQ: A Methodological Issue in Shari`a-Compliant Finance

Despite the International Council of Fiqh Academy, recently declared organised tawarruq impermissible, Malaysian stock exchange still plan to launch tawarruq based platform to execute commodity murabaha […]
June 19, 2009

Does Islamic finance need for an “Islamic Goldman Sachs”?

Originally taken from “Godly but ambitious” featured out in the Economist (Available at: MOST practitioners of Islamic finance pride themselves on their modesty. But not […]
June 15, 2009

Arab nations ’need to revert to gold dinar’

By Anwar Elshamy ( A financial expert has called for abolishing the current paper money system and returning to gold currencies instead, saying it was the […]

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