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September 30, 2009

Sum of USD350 billion lost by Gulf sovereign funds: UN Report

Available at: http://topnews.ae/content/2811-sum-350-bln-lost-gulf-sovereign-funds-reports-un A latest UN report has specified that the global financial crisis has had an adverse affect on Sovereign wealth funds (SWFs) of four […]
September 28, 2009

Only 1 in 4 Malaysia Federal Territories companies pay business zakat

By Habhajan Singh Available at: http://www.themalaysianreserve.com/SubPage.asp?pageid=6&eventid=934 Some 4,000 companies registered in the Federal Territories (FT) are eligible to pay business zakat estimated around RM46 million, but […]
September 18, 2009

Happy Eidulfitri 1430H

Assalamualaikum, Dear Readers, I would like to take this opportunity to wish all of you Happy Eidulfitri! Maaf zahir dan batin! Please apologize for any wrongdoings […]
September 17, 2009

Benign Islamic Finance

This article is a response by Lorne Cutler (http://network.nationalpost.com/np/blogs/holy-post/archive/2009/08/28/shariah-finance-a-zero-sum-game.aspx) to Dr. Sebastian Gorka’s assertion on his article in Holy Post entitled Shariah finance: A zero-sum game, […]
September 16, 2009

Supervising Islamic Finance

Available at: http://www.aawsat.com/english/news.asp?section=6&id=18054 By Lahem al Nasser Riyadh, Asharq Al-Awsat-Since its emergence, Islamic banking has never been subjected to any kind of independent supervision with the […]
September 15, 2009

National Shari’ah Board versus Bank Shariah Boards

Available at: http://www.opalesque.com/OIFI112/Discussion_Board_Country_versus_Boards405.html “There are growing calls from within the industry to establish country –specific Shariah boards that complement bank-specific Shariah boards. Is this just another […]
September 14, 2009

My Story: Happy Birthday

Exclusive to my beloved Wife, Hanani Harun. A Person who brings a smile on my face A Person who always laugh at my jokes A Person […]
September 10, 2009

Rise of The Two Schools of Islamic Finance

By Bernardo Vizcaino, CAIA Available at: http://www.opalesque.com/OIFI114/Two_Schools_of_Islamic_Vizcaino036.html The global financial marketplace stands at a crossroads, undoubtedly the recent (and many) events in the capital markets have […]
September 5, 2009

IDB sells first Islamic bond tranche for USD500m

Available at: http://www.gulfnews.com/business/Banking_and_Finance/10346060.html By Abdul Rahman Shaheen, Correspondent Riyadh: The Jeddah-based Islamic Development Bank (IDB), which groups 56 Muslim countries, Thursday launched its fund raising drive […]
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