Category Archives: Islamic Finance

Islamic Finance
In a level playing field, risk-sharing contracts of Islamic finance can be a game changer

The Covid-19 pandemic may have necessitated huge deficit spending by governments, but even as the [...]

AAOIFI enhances Shariah compliance and fiduciary ratings of Sukuk

In a new exposure draft (AGEB 2/2022 v.10.0) of the AAOIFI Governance Standard (GS), AAOIFI provided rating agencies with [...]

Shariah governance practices in the global Islamic finance industry

Islamic finance is still growing at a double-digit pace, making new inroads in the MENA [...]

Purification of EPF Conventional Dividends?

First of all, a loud and clear disclaimer, I am NO Shariah Scholar, I am [...]

Shariah compliance status and value of analysts’ recommendation revisions: evidence from Malaysia

“We find that analysts’ recommendation revisions that are not directly related to earnings announcements lead [...]

`Eiduladha Sacrifice and the COVID-19 Pandemic

Sacrifice or Kurban in Bahasa Melayu has many intrinsic meanings. Let’s look at it from [...]

Moratorium 2.0: When the going gets tough, the tough would only get going…if everyone chips in.

There are two words of wisdom that I would like to quote, firstly from Henry [...]

Half-baked Moratorium Equals Half-baked Results

The loan moratorium, as announced in MCO 1.0, had technical problems, confusing eligibility criteria and [...]

Sukuk innovation needs to go further

Think Piece By Prof. Dr. Obiyathulla Ismath Bacha Sukuk, which are probably Islamic Finance’s most [...]

Derivative Instruments, Risk Management and Shariah Compliance

Think Piece By Prof. Dr. Obiyathulla Ismath Bacha The acceptability of financial derivative instruments like [...]