Wednesday, Jun 23, 2021
International Finance

Tag : Riba

Finance Islamic Banking

Islamic insurance: The next global trend

Takaful is about risk-pooling while proprietary insurance is concerned with risk transfer Camille Paldi January 13, 2015: Takaful, or Islamic insurance, is a cooperative scheme, where in the participants pay a premium in the form of donation, or tabarru, in a common pool in return for the ability to draw upon that pool upon a...
Islamic Banking

Industry Body Launches Manual for Islamic Credit Unions –

The World Council of Credit Unions has launched a manual discussing how to establish and operate Sharia compliant credit unions in developing countries which could help to broaden the Islamic finance industry’s retail customer base. 4th August 2013 In what could be a major breakthrough for Sharia compliant banking, the industry body has launched a...
Islamic Banking

Industry Body Launches Manual for Islamic Credit Unions

The World Council of Credit Unions has launched a manual discussing how to establish and operate Sharia compliant credit unions in developing countries which could help to broaden the Islamic finance industry’s retail customer base. 4th August 2013 In what could be a major breakthrough for Sharia compliant banking, the industry body has launched a...