Islamic Banking and Finance

The Future of Halal Investing: Trends and Innovations

In a world increasingly focused on ethical and socially responsible investing, Halal investing is gaining prominence. Rooted in the principles of Islamic finance, Halal investing ensures that financial activities comply with Shariah law. The Shariah law prohibits certain types of investments, such as those in alcohol, gambling, and interest-bearing instruments. This form of investing is […]

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The Role of Islamic Finance in Advancing ESG Sustainability

The intersection of Environmental, Social, and Governance (ESG) sustainability principles and Islamic finance represents a compelling opportunity to advance the global sustainability agenda.  Let’s look into the potential of ESG sustainability within Islamic finance and uncover the inherent compatibility between the two, highlighting how Islamic finance’s ethical underpinnings align closely with ESG criteria.  This article

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Islamic Finance Ecosystem in Malaysia Set to Attract More Investments

Malaysia’s burgeoning Islamic financial ecosystem is poised to draw increased investments from both Islamic nations and ethical investors globally. Shariah Compliance and Ethical Investing: Key Attractions Associate Professor Dr. Mohd Zukime Mat Junoh of Universiti Malaysia Perlis (UniMAP) highlighted that Malaysia’s Islamic financial system appeals to investors because of its adherence to Shariah principles, transparency,

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Malaysia: A Hub for Islamic Finance

Malaysia has emerged as a global leader in Islamic finance, characterised by its robust regulatory framework, innovative financial instruments, and commitment to sustainable and ethical finance. This article explores the key factors contributing to Malaysia’s position as a hub for Islamic finance. Historical Context and Growth Malaysia’s journey towards becoming a hub for Islamic finance

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Key Benefits of Choosing Finance Governed by Islamic Principles

Islamic principles form the foundation of Sharia-compliant finance. This financial system, guided by the principles of Islam, offers a unique approach to managing money that aligns with spiritual beliefs and ethical standards. Today, I will look into the numerous advantages this system brings to the Muslim community and the broader global financial landscape. It presents

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Important Principles & Components of Islamic Finance System

Islamic finance is rooted in the principles of Sharia, the Islamic legal system derived from the Quran and the Hadith (sayings of the Prophet Muhammad (saw)). In this article, we will look into the core principles and components of the Islamic finance system, distinguishing it from conventional finance. It explores the prohibition of interest (Riba),

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Do ETFs Pay Dividends?

Exchange-Traded Funds (ETFs) have become a popular investment vehicle in the modern financial landscape, offering a blend of diversification, lower expense ratios, and the ease of trading similar to stocks. One common question among investors is whether ETFs pay dividends. The answer is complex and depends on the underlying assets held within the ETF. Just

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Know About Sukuk: Types, Characteristics, and benefits

Sukuk, a cornerstone of modern Islamic finance, exemplifies the synergy between Shariah principles and contemporary financial mechanisms. Often compared to conventional bonds, Sukuk sets itself apart with its robust ethical framework and promise of sustainable returns. In this comprehensive article, we introduce the various types of Sukuk, shed light on their distinctive characteristics, and elaborate

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5 Types of Financial Statements You Should Know

5 Types of Financial Statements You Should Know

While analyzing financial statements, it is crucial to know the types of those financial statements. This is to obtain comprehensive insight into the company’s financial performance’s healthiness. By understanding the types of financial statements, investors are able to indicate which strategy the reporting company is pursuing. Some company focuses on revenues generation, i.e., transaction volume

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Takaful vs Conventional Insurance: A Complete Guide

Takaful vs Conventional Insurance

One of the main components of effective financial planning is to cover yourself with insurance. Takaful vs conventional insurance has been one of the main dilemmas for Muslims. We will discuss the critical differences between takaful and traditional insurance in the following. But let’s have a glance at the definition of takaful first. Get Musaffa

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