Islam Hashtag - Islamic Finance

Halal Jobs for Muslims in North America

Post published:September 19, 2023
Post category:Islamic finance Youth Issues

Halal Jobs for Muslims in North America-Halal Job Market Trends With a growing Muslim population in North America, the demand for Halal products and services has surged. The Halal industry encompasses various sectors, offering an array of career possibilities. Halal Jobs for Muslims in North America What are halal employment options? Food and Beverage Industry: From Halal restaurants to food quality control, this sector offers diverse opportunities for those…

Types of Bay Gharar in Islamic Finance.

Post published:September 18, 2023
Post category:Islamic finance

Types of Bay Gharar in Islamic Finance Gharar is an Arabic term that refers to uncertainty, ambiguity, hazard, and risk in a contract or transaction. It signifies the presence of excessive uncertainty or ambiguity that can lead to disputes or exploitation of one party by another. Key Aspects of Gharar in Buyu Excessive Uncertainty: Gharar arises when a contract contains an unacceptable level of uncertainty. This uncertainty can be…

How to find Islamic finance jobs USA?

Post published:September 16, 2023
Post category:Islamic finance

Islamic finance jobs USA Islamic finance is a form of financial system that is based on the principles of Islamic law (Shariah). Islamic finance prohibits interest (riba), gambling (maysir), uncertainty (gharar), and unethical activities that harm society or the environment. Islamic finance also promotes risk-sharing, social justice, and financial inclusion¹ It is a unique financial system rooted in ethical and Shariah-compliant principles. It stands as an alternative to conventional…

6 Challenges For Islamic Banking 2023

Post published:May 23, 2023
Post category:Islamic Reflection .Islamic finance Money

Challenges For Islamic Banking The Islamic finance industry continues to attract new players and evolve its products and services to become a more active participant in the world's march towards achieving climate goals. The key Islamic finance jurisdictions are focused on sustainability and ESG policies and initiatives. Looking back at 2020, Malaysia, Indonesia, and Saudi Arabia were notable actors as they continued leveraging sukuks to finance social and green…

Islamic Fintech Industry

Post published:February 24, 2023
Post category:Islamic Reflection .Money News On Muslim World

Latest trend in the Islamic Fintech Industry What is Islamic Fintech? Islamic Fintech is a rapidly growing industry that combines the principles of Islamic finance with modern financial technology. It aims to provide financial products and services that are compliant with Shariah law, which prohibits interest-based transactions and promotes ethical and socially responsible investments. Islamic Fintech meaning Fintech is the merger of two terms: finance and technology. Islamic finance…

UK’s Al Rayan Bank fined $4.9 million fine for Money Laundering Control Failure By FCA

Post published:February 7, 2023
Post category:Islamic Reflection .News On Muslim World

UK's Al Rayan Bank fined $4.9 million fine for failing to adequately monitor the source of its customers’ funds Al Rayan is a subsidiary of Masraf Al Rayan, Qatar’s second-largest bank by market value. Al Rayan Bank, the U.K.’s largest Islamic bank, will pay equivalent to about $4.9 million, for failing to maintain sufficient money-laundering protections, regulators said Wednesday. also read shariah investment funds UK's Al Rayan Bank fined…

Islamic Investment Funds and types of Islamic shariah investment

Post published:November 2, 2022
Post category:Islamic finance Islamic Reflection .

Islamic Investment Funds in Islamic shariah investment Islamic Investment funds have gained popularity over the years, especially among Muslim investors who seek to invest their money in a way that aligns with their religious beliefs. Islamic Investment Funds offer a unique approach to investing that is based on ethical and moral principles. Do you know what is Islamic Fintech? Read this detailed article on Islamic Fintech. The term "Islamic…

What is murabaha in banking?

Post published:October 23, 2022
Post category:Money Essential of deen Social and Cultural

What is murabaha in banking? Murabaha in other words is Cost-Plus Financing.This is a contract sale between the bank and its client for the sale of goods at a price which includes a profit margin agreed by both parties. As a financing technique, it involves the purchase of goods by the bank as requested by its client. The goods are sold to the client with a mark-up. Repayment, usually…

Book on Islamic Finance by Mufti Taqi Usmani and others.

Post published:October 12, 2022
Post category:Book Reviews News On Muslim World

Book on Islamic Finance: In my view, the first book you must read when you want to understand the Islamic finance is an Introduction to Islamic Finance by Mufti Taqi Usmani Do you know what is Islamic Fintech? Read this detailed article on Islamic Fintech Also read : What is Riba and types of Riba An Introduction to Islamic Finance(amazon) Book on Islamic Finance by Mufti Taqi Usmani(pdf) This…

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Books on Islamic Banking / Islamic finance

Post published:September 8, 2022
Post category:Islamic Reflection .Book Reviews

10 Best Books on Islamic banking and Islamic finance(Review) The benefits and wisdom of Islam and in particular Islamic economics is not just for Muslims, but for all mankind.Muslims often try to explain that Islam is more than a religion. They contend that Islam is actually a way of life, with the Quran and the life traditions of the Prophet Muhammad (peace be upon him) providing a blueprint for…

5 Types of khiyar in Buyu/right of the buyer & seller in Islamic transaction.

Post published:May 30, 2022
Post category:Essential of deen

The term khiyar refers to the option or right of the buyer & seller to rescind a contract of sale. Literally, the word khiyar denotes a choice on the part of the holder of the right of option, who may either conirm the act or render it void. Legally, khiyar means the option or right of withdrawal for the parties involved to terminate the legal act unilaterally.. Khiyar Majlis:…

Books on Islamic Banking/Islamic finance

Post published:October 12, 2015
Post category:Other Articles Book Reviews

10 Best Books on Islamic banking and Islamic finance(Review) The benefits and wisdoms of Islam and in particular Islamic economics is not just for Muslims, but for all mankind.Muslims often try to explain that Islam is more than a religion. They contend that Islam is actually a ‘way of life,’ with the Quran and the life traditions of the Prophet Muhammad (peace be upon him) providing a blueprint for…