Islamic Microeconimics
Microeconomics in Islamic Finance: Microeconomic theory deals with the behavior of economic agents of the economic system, like consumer, firm and factors of production. Subsistence and the means of subsistence are bound up individually, [...]
Tawarruq and Enah
What is Tawarruq and Enah? “Tawarruq is a financial instrument in which a buyer purchases a commodity from a seller on a deferred payment basis, and the buyer sells the same commodity to a [...]
Time Value of Money in Islamic Finance
Concept of Time Value of Money in Islamic Finance and Banking: There is no concept of time value of money in Islamic finance, and Islam does not recognized the value of money in any [...]
Islamic Fiscal Policy
Islamic Fiscal Policy: The fiscal policy in Islamic economics may be defined as: “The usage of the revenue collected by the Islamic government and expenses made to monitor and influence economy of the Islamic [...]
Bitcoin Fatwa
Is Bitcoin Halal or Haram? After the introduction of bitcoin, the biggest debate that has been going on in the Islamic banks and financial institutes is that whether bitcoin Halal or Haram. There are [...]
Islamic Mortgage
What is Islamic Mortgage? There are many people who think that halal mortgage is better as compared to conventional mortgage because there is no interest rate. That is why even Non-Muslims are interested in [...]
Blockchain in Islamic Finance
Understanding Blockchain in Islamic Finance & Banking: The blockchain technology is rapidly gaining the attention of Organizations of Islamic Cooperation. There are various Islamic financial institutes which are planning to use the blockchain system [...]
