Recent Articles

Fundamental Features of Islamic Corporate Finance

Conventional corporate finance requires the managers of a firm to manage the financial and other aspects of the business in a manner that increases the market value of the firm and therefore the value of a shareholder’s investment in the …

The Financial Crisis of 2007-2009

1.1 DEFINITION OF “FINANCIAL CRISIS” Goldsmith has succinctly defined the term ‘financial crisis’ as a “sharp, brief, ultra-cyclical deterioration of all or most of a group of financial indicators”, such as short-term interest rates, asset prices, corporate insolvencies and the …

Importance of Avoiding Haram (forbidden) Economic Activities

by: Abdullah Fahim In life, there are always two things: good and evil. Sometimes there are things which fall in between them, which is known as the ‘grey area’. According to Islamic teachings, everything good is considered ‘Halal’ or permissible …

Marriage, Culture and Islam

The institute of marriage is the most ancient institute that man has ever known. Since the time Allah Almighty created the first humans, the prophet Adam (alaihis-salaam) and Hawwah (Eve), He instilled a special feeling for a man to a …