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November 4, 2008

Current Financial Crisis and Islamic Economics

Assalamualaikum, Dear Readers, An illuminating piece by Muhammad Nejatullah Siddiqi, a leading scholar of Islamic Economics. CURRENT FINANCIAL CRISIS AND ISLAMIC ECONOMICS mnsiddiqi@hotmail. com [31 October […]
October 30, 2008

Derivatives are Financial Weapon of Mass Destruction

Assalamualaikum, Dear Readers, “Derivatives are Financial Weapon of Mass Destruction” Warren Buffet. Click Here Generally, Shari’ah scholars have discussed almost all major areas of Islamic banking […]
October 25, 2008

Why short-selling is Haram

Quoted from the AME Info. http://www.ameinfo.com/170733.html Amid the financial crisis, the US stock market regulator SEC banned short selling on September 24, but it aims to […]
October 21, 2008

Is Islamic finance at tipping point?

Quoted from the Economist By Christopher Watts In January this year when the UAE’s Sharjah Electricity and Water Authority (SEWA) needed cash to construct a power […]
October 18, 2008

UK Government’s Financial Rescue Plan

A policy success amid the disaster. Quoted from the Financial Times By Martin Wolf Will the UK government’s scheme for rescuing the financial system work? The […]
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