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True riba-free Islamic banking

The motivation to provide interest- (riba) free financial services is derived from the desire of Muslim communities living in the modern age. The general perception of most of the critics…

Riphah University Holds Conference On Islamic Business

Riphah International University has organized its 5th International Conference on Islamic Business with the theme "Moving to social, ethical and responsible finance by the Islamic banking and finance institutions (IBFIs)".…

Does the Shariah permit trading shares?

The law is always catching up to the inventiveness of merchants. Islamic jurisprudence and commercial law, is no exception. Two modern inventions-the fiat-money banking system and the business corporation-have posed…

Islamic banking

Pakistan's economy has been experiencing pressure since past few years. The country's current account deficit swelled by 43% to highest-ever level of $18 billion in the fiscal year ended June…

Challenging The IBF Model – II

Challenging the IBF model – II

Based on the ground realities as stated yesterday, the author wants to briefly propose some areas where interested Muslim thinkers may need to direct their efforts for making equity modes…