بنك معلومات "معرفة" للاقتصاد والتمويل الإسلامي

By: Ahmad, Muhammad Ali Jinnah. Global Islamic Economics Magazine. No. 18 (Nov. 2013), pp.24-25, 2 p.

Subjects: Employees; Financing; Migrant workers; Unemployment

Donor award: The Islamic Corporation for the Insurance of Investment and Export Credit (Jiddah, Saudi Arabia)
Source : Annual Report. Vol. 19, no. 2013 (Nov. 2013), pp.1-64, 64 p.

Subjects: Banks; Finance; Islam; Management; Social responsibility

Question: Is it permissible to give Zakat al Maal to a charity even if it operates in other countries ?.

Subjects: Alms tax; Charities; Islamic jurisprudence

Question: A customer who had deposited a certain amount for one year in a term deposit account maintained with an Islamic bank, has requested for an early withdrawal of the total amount deposited along with the realized profit.The bank approached the ....

Question: My husband and I have applied to go on hajj this year InshAllah. I was reminded by my husband however that I have not paid back my student loan of £ 9000, which I took out before I got married, ....

Subjects: Debt repayment; Education; Islamic jurisprudence; Pilgrimage; Students

Question: A benefit book has been proposed to be offered by an Islamic bank to all of its accountholders. The book contains a bulk of coupons for various retail outlets (including eateries) offering ‘buy one get one free’ type discounts.The scheme ....

Question: I would like to know if I am permitted to give Zakat to my younger brother in law. He is only 10 and has not reached maturity. Is it permissible to give Zakat to a minor ?.

Subjects: Alms tax; Islamic jurisprudence

Question: An Islamic bank has sought guidance from its Shariah board on the modus operandi to finance its client’s export orders. It is important to note that for commercial reasons the exports are carried out in the customer’s name, in order ....

Question: A customer engaged in the trading of petroleum products has approached an Islamic bank seeking finance to procure oil. The Islamic bank is considering financing the customer through a Murabahah structure.It is important to note that the modality of procuring ....

Question: -.

Subjects: Automobiles; Hedge (Finance); Insurance; Islamic jurisprudence; Vehicles

By: Badri, Muhammad Bahruddin. Global Islamic Economics Magazine. No. 17 (Oct. 2013), pp.26-26, 1 p.

Subjects: Capital; Hedge (Finance); Islam; Profits; Usury

By: Kasri, Nur Suhaydah. Global Islamic Economics Magazine. No. 17 (Oct. 2013), pp.24-25, 2 p.

Subjects: Banks; Commodities; Financing; Islam; Law

By: Ibn Yusuf, Muhammad. Global Islamic Economics Magazine. No. 17 (Oct. 2013), pp.21-23, 3 p.

Subjects: Contracts; Derivative securities; Financial transactions; Islam; ٌLeasing

Donor award: Islamic Financial Services Board (Kuala Lumpur, Malaysia)

Subjects: Islamic Financial Services Board; Malaysia

Question: An Islamic bank has approved for its customer the financing facility for a commercial property on an Islamic financial lease (Ijarah Muntahiya Bittamlik) basis for a period of seven years. Since the customer expects an increase in the property value ....

Question: Under what conditions can a customer of an Islamic bank be authorized to participate in the periodical auctions for heavy vehicles and equipment for which the customer will also require financing ?.

Question: The trade finance department of an Islamic bank is facing an unusual situation in an already executed Murabahah transaction with one of its customers.The background of the transaction is that the customer approached the Islamic bank requesting for a Murabahah ....

Question: Is it permissible to work in the tax department of the HMRC which is likely to have some involvement in interest based transactions ?I enquired from HMRC whether or not throughout the role there is any interest related transactions such ....

Subjects: Financial transactions; Islamic jurisprudence; Taxes

Question: An account holder has approached an Islamic bank seeking finance to settle the debt he has incurred as a result of purchasing a plot of land. He had entered into a purchase agreement with the erstwhile owner of the property ....

Question: -.

Subjects: Islamic jurisprudence; Labour; Lotteries

Question: A customer has approached an Islamic bank, seeking to transfer his interest-based loan from a conventional bank to an Islamic bank with the desire to shun Riba (interest). The customer had borrowed the amount from conventional bank to acquire a ....

By: Farrukh, Habib; Ahmad, Abu Umar Faruq. Global Islamic Economics Magazine. No. 16 (Sep. 2013), pp.58-59, 2 p.

Subjects: Deeds

By: Abu Zayd, Abd al-Azim Jalal. Global Islamic Economics Magazine. No. 16 (Sep. 2013), pp.55-57, 3 p.

Subjects: Banks; Economic analysis; Financial crises; Financing; Islam

Question: If I own land in a foreign country on which a house is currently being built which will be rented out, is there any Zakat to be paid currently ?.

Subjects: Alms tax; Islamic jurisprudence; Land

Question: -.

Subjects: Brokerage; Brokers; Islamic jurisprudence

Question: A customer has approached an Islamic bank, seeking finance in order to fulfill the working capital requirements of his business entity. The bank has requested for Shariah guidance on how to provide the customer with working capital finance..

Auditors Inc: PricewaterhouseCoopers (Kuala Lumpur, Malaysia)
Source: Annual report 2013.

Subjects: Accounting; Auditing; Financial statements; Islamic jurisprudence; Right to property

Question: I gave my Zakat to grandmother abroad to distribute but was told it must be given to an established organisation. Is this correct ?.

Subjects: Alms tax; Distribution (Economic theory); Islamic jurisprudence; Organizations

Question: An Islamic bank has issued a letter of credit which had a usance period of 90 days. The bank also agreed with the customer to finance the import under the letter of credit through Murabahah for a further 90 days ....

Question: -.

Subjects: Alms tax; Alms tax bestowments; Charities; Poor

Question: The father of a student has approached an Islamic bank seeking finance for his son’s education fees in order to complete a Master’s degree in his chosen subject.The student has been selected by the university based on good grades and ....

Question: -.

Subjects: Alms tax; Islamic jurisprudence

Question: -.

Subjects: Inheritance; Islamic jurisprudence; Wills

Question: An Islamic bank as a buyer has signed an Istisnah agreement with a customer as a seller, whereby the customer has to arrange for the construction and delivery of a building to the bank.Both parties have also signed a forward ....

Question: -.

Subjects: Age of majority; Contracts; Islamic jurisprudence

Question: -.

Subjects: Age of majority; Contracts; Guardianships; Islamic jurisprudence

Monthly Monetary Statistics. Central Bank of Kuwait.; Economic Research Department Vol. 34, no. 8 (Aug. 2013), pp.46-47, 2 p.

Subjects: Islamic jurisprudence; Mutual funds; Accounting; Kuwait; Statistics

Monthly Monetary Statistics. Central Bank of Kuwait.; Economic Research Department Vol. 34, no. 8 (Aug. 2013), pp.41-41, 1 p.

Subjects: Islamic jurisprudence; Debts; Inventories; Kuwait; Statistics

Monthly Monetary Statistics. Central Bank of Kuwait.; Economic Research Department Vol. 34, no. 8 (Aug. 2013), pp.40-40, 1 p.

Subjects: Islamic jurisprudence; Mutual funds; Debts; Kuwait; Statistics

Monthly Monetary Statistics. Central Bank of Kuwait.; Economic Research Department Vol. 34, no. 8 (Aug. 2013), pp.39-39, 1 p.

Subjects: Islamic jurisprudence; Mutual funds; Inventories; Kuwait; Statistics

By: Abd Allah, Apnizan; Abd al-Rahman, Abd Allah. Global Islamic Economics Magazine. No. 15 (Aug. 2013), pp.4-5, 2 p.

Subjects: Islamic Banks; Malaysia

By: Abu Zayd, Abd al-Azim Jalal. Global Islamic Economics Magazine. No. 15 (Aug. 2013), pp.6-9, 4 p.

Subjects: Financial crises; Islamic Banks; Products; Taboos; al-Halal and al-Haram

Question: A reputable rent-a-car company engaged in leasing vehicles to corporate clients has approached an Islamic bank seeking financing for the purpose of procuring new vehicles from the local market and overseas. Although financing is sought for four years, the customer ....

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Subjects: Basic needs; Charity; Children; Islamic jurisprudence; Money

Question: Can I pay Zakat on my mother’s behalf even though I have a student loan to repay ? Will it be considered a Sadaqah ?.

Subjects: Alms tax; Debt repayment; Loans; Mothers; Students

Question: -.

Subjects: Age of majority; Charity; Money

Question: Can I pay Zakat on my mother’s behalf even though I have a student loan to repay ? Will it be considered a Sadaqah ?.

Subjects: Alms tax; Charity; Debt repayment

Question: -.

Subjects: Credit cards; Financing

Question: An Islamic bank has signed an Istisnah agreement with its customer for sale of a property (to be developed) whereby the bank is the seller and the customer is the purchaser.As per the agreement, the bank will deliver the property ....

Question: A customer has approached an Islamic bank seeking finance to purchase a property which is mortgaged to a conventional bank against conventional loan payable by the owner of the property.Shariah guidance is sought on how the Islamic bank can finance the purchase of the mortgaged property for its customer..