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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
A functioning economy requires a stable and reliable banking and financial services sector. Banks cannot be relegated to a totally laissez-faire market where all transactions are […]
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 […]