Islamic Finance

February 8, 2021

Zakah Calculator

This is a zakah calculation spreadsheet which allows you to calculate zakah based on various fiqh positions on investment portfolios. This was developed by Dr. Zillur […]
January 25, 2021

Stock Options: Halal or Haram

Ethical investors are curious about Sharia position on stock options trading. As we mentioned in an article a couple of years ago, “Some scholars have allowed […]
April 9, 2020

Zakat on Investment Accounts

As Ramadan approaches, Muslims assess their savings to calculate zakat they have to pay the poor. General information on Fiqh issues of zakat is available across […]
April 7, 2020

Risk Management

All securities investments carry the risk of loss. The risk and return are directly related. Higher risk usually results in higher return. The goal is to […]
October 23, 2018

A Case for Compounding

Since Muslims do not want to deal with interest, the discussion on compounding hardly ever comes up. Usually, compounding is always mentioned in the context of […]
May 5, 2018

Function of Shariah Board

Shari’ah Boards perform the all-important role of reviewing, approving, and overseeing the services and transaction of an Islamic bank. The boards consist of recognized scholars who […]
April 1, 2018

Sukuk (Islamic Bond)

Sukuk are Islamic equivalent of fixed income bonds found in the western markets. Shari’ah scholars have varying opinions about legitimacy of Sukuk structure in Islam. This […]