Humayon Dar

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DR. HUMAYON DAR Dr. Humayon Dar is an Islamic economist, transformational thinker, writer, Sharia consultant  and Islamic banking  specialist, concenrating on how to produce financial solutions that...

Islam and Civil Rights

ISLAM AND CIVIL RIGHTS A civil right is an applicable right or privilege, which if intervened with by another gives rise to an action for...

Tariq Abdelhaleem on His War

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Tariq Abdelhaleem is a scholar of Islamic Economics. Recently, He published a post on his personal blog titled “My wars are over” which draw...

What is Muzara’ah?

Muzara’ah is being used as an Islamic finance method today and its roots come from ancient times. As Tavus mentioned:” Muaz İbnu Cebel (May...

Murabaha

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Murabaha is one of the Islamic Finance modes and it is very popular worldwide nowadays. Murabaha; sometimes referred to as “Murabahah” is also known as “corporate asset...

Mudaraba

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To define Mudaraba in one sentence I can say that; “Mudaraba is a specific sort of partnership in which one side provides capital and other side...

Abbas Mirakhor

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Iran-born, Prof. Dr. Abbas Mirakhor has received Ph degree from the Kansas State University of the USA. He has taught in different universities between...

Economy of Muslim Countries

Muslim countries are poor. The very first thing you will see if you take a look at Muslim countries is that; “Muslim countries are poor.” But, it...

Imran Ashraf Usmani

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IMRAN ASHRAF USMANI Dr. Muhammad Imran Usmani, son of Judge  Mufti  Muhammad Taqi Usmani, holds an LLB, M. Phil, and Ph. D. in Islamic Finance...

Interest and Rent

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In this century, one dimension of interest discussions consists of likening interest to rent income. In islamic law, term “ijara” refers to rent and is defined...