March 10, 2018
The essence of financial engineering (FE) is to develop products to address the need of times and help in the growth of economy. The evolution of […]
March 1, 2018
Derivatives are innovative products designed by financial experts to control or exploit the risks of trading. Derivatives track market prices like interest rates, foreign exchange rates, […]
March 1, 2018
Islamic equity investments are very similar to socially responsible investments where a set of guidelines determines which companies meet the criteria for investment. In case of […]
March 1, 2018
Islamic approach to capital market requires adherence to Shari’ah principles. Most of the financial instruments in conventional markets involve interest, unfruitful speculation (Gharar) or even wagering […]
February 20, 2018
Central banks are important building block of the financial economy of a country or a group of countries. They are responsible for managing the money supply, […]
February 20, 2018
fees charged by Islamic banks Islamic banks cannot deal in interest yet they are for profit institutions and have to remain competitive against their conventional counterparts. […]
February 20, 2018
Many international transactions require exchange of foreign currencies. The transactions could be related to travelers’ checks, cash, drafts, drafts, fund transfers, remittances, investments, or trade. In […]
February 20, 2018
Letters of Credit (L/C) are commonly used documents in international trade. L/C is a form for guarantee by the bank to the exporter or seller that […]
February 20, 2018
LIBOR as a bench-mark Since Islamic banking is centered on the avoidance of riba or interest based transactions, any mention or reference to interest raises doubts. […]