By Timothy Spangler, Guardian Professional The sharia principle that no one should profit purely from loans might contribute towards a sustainable economy. Is your mortgage halal? How about your pension? Islamic finance has been a significant global force for the past few ...
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Tag Archives: Sukuk
Turkey: New Opportunities For Sukuk in Turkey
By Herdem & Co, Mondaq. The Arabic term for Islamic securities Sukuk , commonly refers to the Islamic equivalence of bonds. The Islamic ban on interest payments is the root cause of the Islamic financial instruments such as Sukuk that provides the ...
Read More »UAE: The seven pillars of Dubai’s Islamic Finance
Courtesy of Albawaba Business Dubai’s strategy to be the capital of the Islamic Economy in three years was launched on Saturday and is based on seven pillars. These pillars include the establishment of Dubai as an international centre for Islamic finance, Halal industries, ...
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