View allAll Photos Tagged IslamicBanking
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
This is the fastest growing sector in the global financial services industry. Islamic banking has emerged as a new reality in the international financial scene. Even in the midst of a global economic crisis, Islamic banks have weathered the storm to a great extent. Driven by strong demand on both the individual and corporate sides, the total value of Islamic assets now approaches US$500 billion, and the number of institutions offering Islamic financial services is multiplying.
Banking based on Islamic principles - Sharia'h - has spread to all corners of the globe, irrespective of race, nationality, or community. Now it is robust, profitable, and continues to exceed expectations with regard to growth.
ITS has developed a mix of products and solutions that meet Islamic banking needs, and are in full compliance with Sharia'h requirements, including but not limited to the following :
Learn more:
Colonial-era banknote overstamped with name of imaginary Islamic republic of Indonesia
Makassar, Indonesia
Photo by Bill Maurer
Biased bureaucracy biggest hurdle in introducing Islamic Banking: K Rahman
Khan
twocircles.net/2011nov27/biased_bureaucracy_biggest_hurdl...
By Rehan Ansari, TwoCircles.net
Biased bureaucracy biggest hurdle in introducing Islamic Banking: K Rahman
Khan
twocircles.net/2011nov27/biased_bureaucracy_biggest_hurdl...
By Rehan Ansari, TwoCircles.net
the first two cards were issued by Kuwait Finance House the third one with the amazing colors and design is ATM card issued by Kuwait Real Estate Bank now known as Kuwait International Bank, the third Islamic bank in Kuwait.
Universal banking has long played a leading role in financial markets. The principal financial institutions in the world are typically universal banks offering a vast array of banking services. ITS offers a total universal solution that enables financial institutions to implement and offer a range of banking services to different segments.
ITS also offers a high level of technology that can run on various platforms, support most major server operating systems, and use multiple and modern relational databases.
Furthermore, the ITS solution has built on service-oriented architecture, which is a set of loosely coupled modular services that support both business and IT requirements.
ITS differentiates itself through its client services, include training and support, as well as a diversified offering that features consulting services, facility management, remote infrastructure management and project management.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
100 participants #EfmaBankingAfrica from 20 countries gather this week in Joburg for the 1st Efma African Retail Banking Summit
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
100 participants #EfmaBankingAfrica from 20 countries gather this week in Joburg for the 1st Efma African Retail Banking Summit
Retail banking is becoming more volatile and techno-savvy. Individual consumers are vying for extra comfort with no overheads. Retail banking clients are offered a wide range of personal banking services, including mushrooming flexi-timed branches with real-time saving facilities, checking accounts and bill-paying services. Debit and credit cards with pin and microchips are also easily available, in addition to more flexible mortgages and personal loans. Highly networked ATMs, one-click-away online banking services, and 24/7 call support and IVRs are making it all incredibly vibrant.
Retail banking is changing at an alarming rate, where an experienced, scalable and reachable technology partner is required to produce a registered brand in retail banking.
100 participants #EfmaBankingAfrica from 20 countries gather this week in Joburg for the 1st Efma African Retail Banking Summit
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
10xDS transformed #CreditUtilizationReporting💳 for a leading International #IslamicBanking Group🏦 using #IntelligentAutomation⚙️.
90% reduction in the Average Handling Time
100% #automation of all in-scope activities.
Courtesy: RPA Consulting Firm Dubai
#BankingAutomation #RPA #DigitalBanking #Digitization #RPACaseStudy #RPASolutions #Banking #WeAreExponential
Manama, Bahrain - December 10, 2012: David Chavern, U.S. Chamber executive vice president and chief operating officer, Lionel C. Johnson, U.S. Chamber Vice President for Turkey, Middle East, and North Africa Affairs, and Khush Choksy, executive director, U.S.-Bahrain Business Council traveled to Manama, Bahrain, for the 2012 World Islamic Banking Conference. Chavern provided keynote remarks at the event, and met privately with HRH Prince Salman bin Hamad bin Al Khalifa, Crown Prince of Bahrain to discuss ways to bolster U.S.-Bahrain economic ties.
News coverage - tinyurl.com/cmrfwym
Learn more about the U.S.-Bahrain Business Council - www.usbahraincouncil.com/
Financial Institutions face many challenges in converting to Islamic banking operations. A well-established independent Sharia’h board, staff reorientation and process reengineering are foremost among the many challenges faced by banks in this process.
Islamic banking may differ from conventional banking in many respects, but its technological requirements are no different. ITS enables business conversion from conventional to Islamic banking in the form of increasing market share, growth rate, the provision of superior service quality, a consistent and well-designed Islamic product, with a lower cost infrastructure and total cost of ownership.
ITS has a solid record in helping banks to convert to Islamic banking operations by providing technological solutions, reengineering processes and products, performing data transformation and staff reorientation in a timely manner.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
100 participants #EfmaBankingAfrica from 20 countries gather this week in Joburg for the 1st Efma African Retail Banking Summit
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.
Hajvery University hosted one day National Conference on Islamic Banking & Finance. The National Conference on Islamic Banking & Finance was attended by prominent speakers who shared their views with the Audience.
The keynote speakers discussed that interest in Islamic banking has grown considerably during the last decade. The main issues of concern are the conceptual framework and viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed.
The purpose of the National Conference on Islamic Banking & Finance is to analyze the past experiences of Islamic banks, to provide an objective assessment of their success and failure, and to discuss the contemporary issues and challenges confronting them.
The following keynote speaks addressed the Conference:
Mufti Muhammad Iftikhar Baig
Shariah Advisor ABL Islamic Banking
Dr. Professor Muhammad Saad Siddiqui
Islamic Studies Dept. University of the Punjab, Lahore
Mr Yasir Tariq
CEO Wasil Foundation
Dr. Salman Ahmen
Islamic Banking Expert
Hajvery University (HU)
An essential feature of Islamic banking is the prohibition of interest (“riba”). The interest-free Islamic banking is based on the concept of profit-and-loss sharing, where the lender shares losses with the borrower. The question is whether this system can be relevant in the world of revolutionary, technology-driven global finance. Islamic banks mushroomed across the world. Many conventional banks nowadays have Islamic windows or separate branches that deal with Islamic financial products. The fact that Islamic banks have been around for the last decades and continue to prosper is a proof of the viability of Islamic finance in a world dominated by interest-based banking.