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November 9, 2009

Shari’ah Has ‘priority’ in Islamic Finance Cases

Reuters Available at http://arabnews.com/?page=6&section=0&article=128269&d=9&m=11&y=2009&pix=business.jpg&category=Business KUALA LUMPUR: Islamic law should prevail over secular law when a Malaysian court hears Shariah finance matters, a religious scholar said, responding […]
November 6, 2009

Bringing Together Shari’ah and Common Law in Malaysia

By Zulkifli Hasan, Business Islamica Magazine. Available at: http://www.islamica-me.com/article.asp?cntnt=204 Malaysia has a very unique legislative framework consisting of mixed legal systems, namely common law and the […]
November 4, 2009

Fiqh Academy Must Make Thorough Study of Issues

By Habhajan Singh Available at the Malaysian Reserve, November, 3rd 2009. The International Council of Fiqh Academy has to relook at its internal processes in coming […]
November 1, 2009

Time for UAE to Rethink Dollar Peg

Available at: http://gulfnews.com/business/banking/time-for-uae-to-rethink-dollar-peg-1.521680 It may be a good time now for the government to reassess the dollar volatility. The UAE should consider a fresh monetary policy, […]
October 31, 2009

BBA Judgement Erroneous, Rules Court of Appeal

Available at the Malaysian Reserve, Oct, 19, 2009. The Court of Appeal, in a written judgement on the Bai Bithaman Ajil (BBA) case presided earlier by […]
October 31, 2009

Need For Deeper Look Into Islamic Financial Products

Available at: http://www.bernama.com/bernama/v5/newsbusiness.php?id=451329 KUALA LUMPUR, Oct 31 (Bernama) — While Malaysia is doing a great job in promoting Islamic finance, the adaptation process to some of […]
October 27, 2009

ISDA Writes Global Standards for Islamic Derivatives

Available at: http://www.bloomberg.com/apps/news?pid=20601087&sid=a5tbswiWa758 Oct. 27 (Bloomberg) — Global standards for Islamic derivatives contracts may be published as soon as December, helping companies and investors manage risk […]
October 24, 2009

Malaysia Budget 2010: Government To Issue USD887 Million 1Malaysia Sukuk

Available at: http://bernama.com/bernama/v5/newsbusiness.php?id=449151 KUALA LUMPUR, Oct 23 (Bernama) — The government will issue 1Malaysia sukuk totalling RM3 billion to give opportunity for the rakyat to increase […]
October 22, 2009

Islamic bank loses millions in New Zealand investment

Available at: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10604858 An Islamic bank has been burned by tens of millions of dollars from its investment in one of New Zealand’s most iconic brands. […]
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