Islamic Finance

Islamic funds maintain a committee of scholars who work independent of the fund managers and advise the managers about Shari’ah compliance of various securities. The opinion […]

A Western Ethical Fund invests in companies based on certain principles which include positive contribution to the world and avoids those companies which are harmful. Before […]

Shari’ah scholars are almost unanimous in approval of investing in equity shares of joint stock companies as long as these companies are not involved in any […]

Venture capital (VC) companies and funding mechanism have much similarity to Mudarabah and Musharakah Islamic investment contracts offered through Islamic banks. Both VC and Islamic banks […]

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 […]

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, […]

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 […]

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 […]