Category: Islamic Finance

Islamic Finance

Islamic finance is flourishing even in a time of economic turmoil in the world. And, more and more people are taking notice. Recently, many articles have been written by mainstream publications highlighting the success of Islamic banking and the need for the world to learn from this financial model. For Muslims across the globe, Islamic

Islamic Banks: Sailing Smoothly in Troubled Waters

Islamic Banks: Sailing Smoothly in Troubled Waters

Aftab Ahmad At a time when economic observers are worried about the threat of a new global financial crisis and global credit rating agencies have brought down credit ratings of giant financial institutions such as the Bank of America, J.P. Morgan Chase and Morgan Stanley etc, it may be amazing to see that Islamic banks,