In The Name Of God The Most Merciful, Most Compassionate

All Halal

Feb19

Islamic finance has alot to offer today’s financial systems

By: Aneesa Bodiat Source: Quartz By 2030, more than a quarter of the world’s population will be Muslim. However, most conventional financiers do not offer financing arrangements that suit the particular restrictions that Muslims face when it comes to money, contracts, and finance. Islamic finance is based upon principles of ethics and transparency—which means that it holds plenty of appeal for borrowers regardless of their religious backgrounds. The smart move for lenders around the world, then, may be to offer Islamically compliant products that suit the needs of Muslims and non-Muslims alike. Importing principles of Islamic finance into the global economic market would strengthen the...

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Feb18

Russia enters global Islamic finance and halal industries

By: Fatima Muhammad Source: Zawya The global Islamic finance industry, which is witnessing phenomenal growth rates with expansions in Europe and sukuk listings, will see a new entrant in Russia that hopes to cash in on the substantial Muslim population in the European country. They have already started the process of getting acclimatized with the Islamic finance industry by learning from the established model of the Islamic Development Bank (IDB), headquartered in Jeddah. “Russia is hoping to implement Islamic Finance systems in its banks,” said a member of the Russian delegation that was paying a visit to the IDB. He said, “Our principal goal is to get acquainted with the Islamic finance...

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Feb12

Hijabi designer hopes to make a big positive impact

By: AFP Source: Yahoo News Raised in Ohio by a Korean mother and a Palestinian father, Sarah Musa shocked her parents when she decided to wear the headscarf at age 17. Today, the 33-year-old Musa works in New York as a ready-to-wear designer but dreams of creating her own label — modest-looking fashion that will be worn by customers regardless of whether or not they are religious. Ten years into her career, she has worked for Ralph Lauren, Anna Sui, Carolina Herrera and now Club Monaco, where she is a senior technical designer. “I’m making beautiful clothes and women can choose how they wear it,” the elegant young woman told AFP in an interview. “I would...

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