13 Secrets About Islamic Finance

Hey there, savvy investors and financial aficionados! Today, we’re diving into the fascinating world of Islamic finance – a dynamic and rapidly growing sector that’s reshaping the global financial landscape. So, grab your favorite cup of coffee, get cozy, and let’s chat about what Islamic finance is all about, how it works, and why it’s gaining traction around the world.… Read More

5 Secrets About How Do Islamic Banks Make Money?

Hey there, finance enthusiasts! Today, we’re delving into the fascinating world of Islamic banks to uncover the mystery of how these unique financial institutions generate profit while adhering to Sharia principles. So, grab your favorite beverage and join me as we unravel the secrets of Islamic banking profitability.

Unraveling the Mystery of Islamic Banking Profitability

Understanding the Basics

First things … Read More

Risk Analysis for Islamic Banks

For a long time now, the idea of operating Islamic banking has generated a lot of debate or argument, especially in Nigeria which has different religions. I was therefore excited when I was handed this book by a former boss of mine on his return from a World Bank conference in the United States of America recently. At least, reviewing … Read More

The Appeal of Islamic Financial Institutions is Increasing

As strange as it may seem that there are financial institutions that are benefiting from the global financial meltdown, in the past few months Islamic Financial Institutions have been reporting significant pick up in business. Islamic financial institutions increasingly appeal to Muslim and non-Muslim customers alike. To me this shows that Adam Smith’s invisible hand is alive and well notwithstanding … Read More

Business Ethics in Islam

A person can earn money by two means; one is agriculture and the other is business. If business is not done according to the ethics then there will always be inflation and shortage of goods. As it can be seen in the case of many commodities like wheat, sugar etc. It is due to the stocking in, speculation and the

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Starting a Muslim Internet Home Based Business

Before starting a Muslim Internet home based business one should be very clear about his business targets, because firstly, the business is related to products that are to be used in Muslim rituals or cultural activities; secondly, the business is to be run online. So the options are already narrowed down.

As for the products used in Muslim rituals, one

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