Hall of FameHall of Fame  Active TopicsActive Topics  Display List of Forum MembersMemberlist  Search The ForumSearch  HelpHelp  chatChat
  RegisterRegister  LoginLogin
Questions and Discussions about Islam
 Whyislam.org Forums : WhyIslam : Questions and Discussions about Islam
Message Icon Topic: Islamic Economics: An Alternative Post Reply Post New Topic
<< Prev Page  of 23
Author Message
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 03 March 2019 at 5:13am
Oxford University Video with Harris Irfan on Islamic Finance

Harris Irfan, Managing Director of European Islamic Investment Bank and Partner at Cordoba Capital, in a fascinating discussion with the Novak Druce Centre on the moral foundations that distinguish Islamic finance from traditional Western financial practices.

Using specific examples Harris gives a clear-eyed view of the realities of modern Islamic finance, while also asking more generally how religious ethics can guide financial practice.


(5 minutes)


No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 06 March 2019 at 3:38am
CAGAMAS Finances the Halal Purchase of 2 Million Homes in Malaysia (The Business Debate)


(6 minutes)


No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 07 March 2019 at 2:28am
Debt, Financing & Sukuk

An interesting talk at London School of Economics (LSE)


(86 minutes)



No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 09 March 2019 at 4:09am
The Islamic perspective of banking - Wojciech Gajewski @ TEDxWroclaw

Crisis in banking?

There are different models of banking and there's one in particular which tends to avoid crisises.

The speaker is a Project Manager in full-time job in one of the best Polish eCommerce agencies - Divante.


(9 minutes)




No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 18 March 2019 at 1:11pm
Islamic Finance: Funding the ‘Real Economy’

Islamic finance is not just for Muslims and the attractions of Islamic banking have led to a proliferation in non-Muslim communities.

Rahman says some 95 per cent of his customers are non-Muslims, and his customer base includes Jews and Christians.

“We don’t use the word Islamic much nowadays, because you don’t want to limit yourself.”

No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 19 April 2019 at 6:58am
Islamic Economics for a World in Turmoil: The Need for a Sustainable System

What is the real problem causing this turmoil?

The answer to this question can be found in the way the world’s global financial system operates.

In one word: it is a rigged gambling system that favors the rich and makes them richer and causes the poor to become poorer.

Towards Sustainable Socio-Economic Justice

For justice to prevail in today’s world, the economic and financial system must be a fair, sustainable system to give equal opportunities for all people in society, rich and poor.

It is actually in the best interest of the rich that the poor escape the poverty trap, as the concentration of wealth is very dangerous for the world economy as well as its socio-political coherence.

If citizens living in poor countries are able to grow in wealth and prosper, they would not need to migrate to the rich countries in the north.

Rather than building new walls to stop this unwanted migration, we should focus on making them stay in their countries by helping them prosper in their own lands.

We need a new era of world reform that is based on a win-win approach, and this series of videos is meant to offer a glimpse of an alternative socio-economic model that could help us achieve justice and prosperity for all.

What Islam Has to Offer

Social and economic justice is a core teaching in Islam. Men and women should act as trustees, not real owners, of the wealth God has bestowed on them...

http://aboutislam.net/reading-islam/research-studies/islamic-economics-for-a-world-in-turmoil-the-need-for-a-sustainable-system/


No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 20 April 2019 at 4:32am
Capitalism is failing us all. Could Islamic Economics be the answer?

Billionaire Ray Dalio, manager of the world's largest hedge fund Bridgewater, recently shocked the world when he announced that "capitalism is failing" and that a "revolution" is coming.

There is no denying that global inequality is at unsustainable levels, and that interest-based economies are no longer fit for purpose (in many countries interest rates are too low to incentivise saving at all).

I believe that Islamic economics, with its 2.5% zakat wealth tax (and much lower taxes in other areas) might give us a clue on how to eliminate the worst social inequality. And with a prohibition of abusive high-interest businesses and the incentivisation away from interest-based savings accounts, it can reinvigorate the global economy. These are not just Islamic economic concepts; these are universalist traditional Abrahamic ethics, and a common sense way for us all to enjoy a truly free market.

Dalio’s statements matter, not only because of how strongly worded they are but also because of how topical they are in today’s news climate.

They are significant because of who Dalio is, that is to say probably the most successful hedge fund manager in the world. One of my colleagues commented last week that this was the equivalent of the Pope declaring that Catholicism is failing...

https://www.euronews.com/2019/04/16/capitalism-is-failing-us-all-could-islamic-economics-be-the-answer-view


No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 11 May 2019 at 3:29am
The UK can be a world leader in Islamic finance

Islamic finance is reinforcing the UK’s position as a global financial hub, says Amir Firdaus, chief financial officer of the UK’s oldest and largest Islamic bank, Al Rayan Bank.

The UK has a long-standing reputation as one of the world’s most important and innovative financial centres.

The City of London is already the global leader for currency trading, fintech, cross-border banking, asset management and much more.

It is also the leading centre for Islamic finance outside the Muslim world, with assets of UK-based institutions that offer Islamic finance services totalling more than $5bn...

https://www.telegraph.co.uk/business/business-reporter/uk-islamic-finance/



No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 14 May 2019 at 6:08am
Best Islamic Financial Institutions In The World 2019

Growth continues for Islamic financial institutions, helped by technology and product innovations

Growth in assets and net profits across most markets in which they have significant client base made 2018 a pretty good year for Islamic financial institutions (IFIs).

Realizing the importance of innovation in the face of competition from conventional banks as well as earch other, IFIs are increasingly investing in technology.

The winners of Global Finance’s Islamic Finance Awards 2019 are institutions that have focused on product innovation supported by technology and service—and applied it successfully to generate good financial performance.

The past year provided a strong environment for innovation, as IFIs’ fundamentals remained solid. Award winners saw healthy increases in earnings, and returns were good and maintained sound margins. Impairment costs were generally lower, fee income was higher and a number of institutions strengthened their balance sheets through Basel III-compliant debt issues.

Kuwait Finance House (KFH), Global Finance’s Best Islamic Financial Institution award winner, continued to release new products and services and is today is one of the biggest Islamic financial institutions in the world, with a network across the Gulf Cooperation Council (GCC) states, Turkey, and other Asian and European countries. KFH’s net profit grew strongly in 2018, rising by 24% year-on-year, while return on average equity jumped to 13.14% from 10.48%...

https://www.gfmag.com/magazine/may-2019/best-islamic-banks-world-2019


No Guest-Voting   IP IP Logged
Win-Win  
Admin Group
Admin Group
Avatar
Religion: Islam(Muslim)
Posts: 817
Forum Rating: 0
Rating: 0 of 0 votes Quote Win-Win Replybullet Posted: 24 June 2019 at 4:00am
Islamic Banking as an Ethical Alternative

Ugurlu Soylu, a bank manager of Turkish descent who lives in Germany, wants to launch an Islamic bank there. But he does not see it as a niche product solely for Muslim customers.

He believes that the banking and financial crisis have spurred demand for a bank in which the investment model is based on goods and services with real commercial value.


(4 minutes)


No Guest-Voting   IP IP Logged
<< Prev Page  of 23
Post Reply Post New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum

Bulletin Board Software by Web Wiz Forums version 8.03
Copyright ©2001-2006 Web Wiz Guide
Disclaimer
The opinions expressed by members of the Whyislam Forum do not necessarily reflect the beliefs of the Whyislam Team, or any of its subsidiaries, or parent organizations.