2010-01-04 13:55
Shari'ah AuthenticityShaikh Yusuf Talal DeLorenzo, Islamic scholar, position is that unless a financial product or service can be certified as Shari’ah compliant by a competent Shari&r&hell…Read More
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Find all about credit cards, banking, Islamic banking and much more about finance
2010-01-04 13:50
How does Takaful WorkAll participants (policyholders) agree to guarantee each other and, instead of paying premiums, they make contributions to a mutual fund, or pool. The pool of collected… Read More
2010-01-04 13:50
Shari'ah AuthenticityShaikh Yusuf Talal DeLorenzo, Islamic scholar, position is that unless a financial product or service can be certified as Shari’ah compliant by a competent Shari&r&hell…Read More
2010-01-04 13:42
How does Takaful WorkAll participants (policyholders) agree to guarantee each other and, instead of paying premiums, they make contributions to a mutual fund, or pool. The pool of collected… Read More
Takaful -Insurance- Part II (Gambling And Insurance, Principles Of Takaful & Conventional Insurance)
2010-01-04 00:03
Gambling and InsuranceGambling and insurance are two distinct and different operations. Gambling is speculative in its risk assessment whereas insurance is a pure risk and is non-speculative… Read More
Takaful -Insurance- Part II (Gambling And Insurance, Principles Of Takaful & Conventional Insurance)
2010-01-03 23:54
Gambling and InsuranceGambling and insurance are two distinct and different operations. Gambling is speculative in its risk assessment whereas insurance is a pure risk and is non-speculative… Read More
2010-01-03 23:43
What is Takaful?This concept has been practiced in various forms for over 1400 years. It originates from the Arabic word Kafalah, which means "guaranteeing each other" or "joint guarantee"… Read More
2010-01-03 23:38
By Professor Rodney Wilson,University of Durham, United KingdomIntroductionLondon has become the largest international centre for Islamic finance outside the Muslim World, largely as a resul… Read More
2010-01-03 23:17
By Iqbal Khan, Managing Director Head of Global Islamic Finance, HSBC Amanah Finance, UKIntroductionPhilosophical Foundation and Core ConceptsIslamic finance is an ethical, indigenous and eq… Read More
2009-12-26 14:53
Status of Islamic BankingIslamic banking is no longer a novel experiment. When the concept of Islamic banking with its ethical values was propagated, financial circles the world over treated… Read More
2009-12-26 14:52
Shariah AuthenticityShaikh Yusuf Talal DeLorenzo, Islamic scholar, position is that unless a financial product or service can be certified as Shari’ah compliant by a competent Shari&rs&hell…Read More
2009-12-26 14:45
Shariah AuthenticityShaikh Yusuf Talal DeLorenzo, Islamic scholar, position is that unless a financial product or service can be certified as Shari’ah compliant by a competent Shari&rs&hell…Read More
2009-12-25 12:03
Pricing Transactions Linked to Interest rate BenchmarkThere are continuing debates on whether the spirit of Shari`ah is being violated by the practice of "benchmarking" linked interest rate… Read More
2009-12-25 12:02
Islamic Economics OrderIslamic banking is an instrument for the development of an Islamic economic order. Some of the salient features of this order may be summed up as:While permitting the… Read More
2009-12-25 11:55
Pricing Transactions Linked to Interest rate BenchmarkThere are continuing debates on whether the spirit of Shari`ah is being violated by the practice of "benchmarking" linked interest rate… Read More
2009-12-25 11:38
Rules of PermissibilityMuslims believe that all things have been provided by God, and the benefits derived from them, are essentially for man’s use, and so are permissible except what… Read More
2009-12-25 11:37
Islamic Economics OrderIslamic banking is an instrument for the development of an Islamic economic order. Some of the salient features of this order may be summed up as:While permitting the… Read More
2009-12-25 10:54
Rules of PermissibilityMuslims believe that all things have been provided by God, and the benefits derived from them, are essentially for man’s use, and so are permissible except what… Read More
2009-12-25 10:54
The Islamic Financial SystemWhile elimination of "Riba" or interest in all its forms is an important feature of the Islamic financial system, Islamic banking is much more. At the heart of Is… Read More
2009-12-25 10:47
The Islamic Financial SystemWhile elimination of "Riba" or interest in all its forms is an important feature of the Islamic financial system, Islamic banking is much more. At the heart of Is… Read More
2009-12-10 08:55
It's really creative and funny what a bank employee can create in his free time :)here is some of that creations...he has nothing to play with but MONEY !!!Enjoy! Read More
2009-02-22 00:34
Life comes with many choices. Fresh or frozen? Blonde or brunette? Creamy or chunky? Republican or Democrat? Paper or plastic?That last choice covers two completely different situations. Sho… Read More
2009-02-19 15:23
When most people think of credit cards, they are thinking of an unsecured credit card. An unsecured credit card is a card that is issued to you based solely on your consumer credit score and… Read More
2008-02-02 16:13
Before we get into shopping for a card, let's go over some important terms you'll encounter in credit-card brochures or discussions with potential lenders:· Annual fee - A fla… Read More
2008-02-02 16:06
Although the numbers are increasing, consumers are still not using their credit cards on the Internet nearly as much as e-tailers (electronic retailers) would like. That's why many cyber-mer… Read More
2008-02-02 16:01
The "smart" credit card is an innovative application that involves all aspects of cryptography (secret codes), not just the authentication we described in the last section. A smart card has… Read More
2008-02-02 15:37
The stripe on the back of a credit card is a magnetic stripe, often called a magstripe. The magstripe is made up of tiny iron-based magnetic particles in a plastic-like film. Each particle i… Read More
2008-02-02 15:27
Although phone companies, gas companies and department stores have their own numbering systems, ANSI Standard X4.13-1983 is the system used by most national credit-card systems.Illustration… Read More
2008-02-02 15:23
Have you ever stood behind someone in line at the store and watched him shuffle through a stack of what must be at least 10 credit cards? Consumers with this many cards are still in the mino… Read More
2008-01-27 04:26
"How old are you?" she wanted to know."Thirty-two," I said."Then you don't remember a world without robots. To you, a robot is a robot. Gears and metal; electricity and positrons. Mind and i… Read More
2008-01-27 01:59
It is very important that the individual wanting to trade foreign exchange be aware of the very marked difference between speculation and investment. Forex trading is by nature a speculative… Read More
2008-01-27 01:58
Foreign exchange is traded essentially in two distinctive ways. Over an organized exchange and 'over the counter'. Exchange traded foreign exchange represents a very small portion of the tot… Read More
2008-01-27 01:57
Although the forex market is by far the largest and most liquid in the world, day traders have up to now focused on seeking profits in mainly stock and futures markets. This is mainly due to… Read More
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