Category Archives: Islamic Finance

`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 [...]

Funding Social Expenditure with Risk Sharing Sukuk

Think Piece By Prof. Dr. Obiyathulla Ismath Bacha We have already discussed how governments could [...]

Funding growth without debt

Think Piece By Prof. Dr. Obiyathulla Ismath Bacha A number of contradictions appear to be [...]

The slow progress of digital transformation in Islamic social finance

It is true that significant progress in poverty alleviation and social empowerment has been made over [...]

A strategy to rejuvenate Islamic finance

The Islamic banking and finance (IBF) sector appears to be at a crossroads. Over the last [...]

Will We Ever See A World Without Riba?

We live in a world where the majority of us are so used to only [...]