Blog

April 3, 2009

Malaysia’s Court of Appeal reverses High Court BBA ruling

By Habhajan Singh (Available at http://epaper.themalaysianreserve.com/ also at: http://islamicfinanceasia.blogspot.com/) The Court of Appeal had on Mar 31 reversed an earlier High Court decision that Al-Bai Bithaman […]
April 3, 2009

Malaysia's Court of Appeal reverses High Court BBA ruling

By Habhajan Singh (Available at http://epaper.themalaysianreserve.com/ also at: http://islamicfinanceasia.blogspot.com/) The Court of Appeal had on Mar 31 reversed an earlier High Court decision that Al-Bai Bithaman […]
April 2, 2009

Islamic finance must learn to resolve inner tensions

By Roula Khalaf (Available at :http://www.ft.com/cms/s/0/e0b55e5a-1d8b-11de-9eb3-00144feabdc0.html) A small idea is developing into a big hope in the Middle East. It is that the answer to the […]
March 28, 2009

France and Hong Kong encourage Islamic finance

Quoted from New Horizon. (Available at: http://www.newhorizon-islamicbanking.com/index.cfm?section=news&id=10750&action=view&return=home) The positive signals towards Islamic finance which emanated from the government of France in 2008 (NewHorizon, January–March 2009) have […]
March 23, 2009

Vatican Position on Islamic Finance

Source: http://rassegnastampa.mef.gov.it/mefnazionale/PDF/2009/2009-03-04/2009030412006886.pdf Daily Vatican newspaper, ‘L’Osservatore Romano, reported that Islamic banking system may help to overcome global crisis. Turkish media reported. The Vatican said banks should […]
March 18, 2009

Global Financial Crisis: Can Islamic Finance help?

Ibnu Khaldun Lecture Series By M. Umer Chapra. INTRODUCTION The whole world is now in the grip of a financial crisis which is far more serious […]
March 7, 2009

Authenticity in Islamic Finance

Quoted from Business Islamica by M. Umer Chapra. Available at: http://www.islamica-me.com/article.asp?cntnt=100 I can vividly recall the high degree of skepticism that existed about interest-free banking during […]
February 27, 2009

Sharia-compliant derivatives – a contradiction in terms?

Quoted from Financial Times. Available at: http://ftalphaville.ft.com/blog/2009/02/11/52352/sharia-compliant-derivatives-a-contradiction-in-terms/ Reuters is running an interesting story on Islamic banks’ struggles to develop hedging tools to cope with market volatility. […]
February 23, 2009

The Social Contract: A Must Know Document for All Fellow Malaysian

Assalamualaikum, In view of the recent political issues in Malaysia, I always believe that it is extremely important for us to really understand the actual history […]
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