Finance Advices

JEDDAH: The Islamic finance system, which introduces greater discipline into the economy and links credit expansion to the growth of the real economy, is capable of minimizing the severity and frequency of financial crises, says Umer Chapra, a well-known...

Experts in Islamic finance believe their way of doing business has shielded them from the global credit crisis. But how does it differ from conventional Western finance? A former executive director of the International Monetary Fund, Dr Abbas Mirakhor,...

The Vatican said banks should look at the rules of Islamic finance to restore confidence amongst their clients at a time of global economic crisis. “The ethical principles on which Islamic finance is based may bring banks closer to their clients and...

Emirates Islamic, Noor Islamic, Dubai Bank May Merge; Buy Amlak, 24/7 Says A proposal to merge Emirates Islamic Bank, the United Arab Emirates Islamic lender controlled by Emirates NBD PJSC, with Dubai Bank and Noor Islamic Bank is being considered,...

Islamic economics is referred to as the application of Islamic Shari'a law in economic activity. This form of economics has attracted banks and financial institutions in more than 56 countries including Europe and the United States; they...

  Singapore, June 23rd 2009 -- Opalesque Islamic Finance Intelligence (OIFI) has been jointly developed by Opalesque and Amsar Partners, an independent Islamic finance consultancy, which brings together a multi-disciplinary team that...

The concepts of Islamic Finance are different in some key respects from those of its traditional western counterpart and demand for Islamic banking services is growing in popularity in the UK, especially since experts in the subject have...

Islamic Finance is steadily moving into the mainstream of conventional financial systems and has remained largely insulated from the global credit crisis. Even in the midst of a global economic crisis, Islamic banks have weathered the storm...