Category Islamic Finance

Relevant Shariah Advisory Council of Bank Negara Malaysia (SAC) Ruling on Compounding Profit on Restructuring and Rescheduling (R&R)

Relevant SAC Ruling on compounding profit on R&R: 1) Ruling of the SAC on Compounding Profit for R&R of Islamic Financing, SAC 214th Meeting dated 30 June 2021 – Source This revised ruling is a continuation of the previous SAC… Continue Reading →

Wisdom Pays Handsomely

There will be difficult times, and there are times that you’re in abundance. Hence, we need to spend wisely and manage our wealth before crisis presents itself. “What the wise man does in the beginning, the fool does in the… Continue Reading →

‘Built to Last’ dan Perbankan Islam

Antara mesej penting yang disampaikan dalam buku ‘Built to Last‘: “preserve the core / stimulate progress” (mengekalkan teras / menyokong perubahan). Contoh: Teras “Allah telah menghalalkan berjual-beli (berniaga) dan mengharamkan riba.” [surah al-Baqarah, ayat 275]

Muzakarah Penasihat Syariah Kewangan Islam Kali Ke-11 KLIFF 2016

‘MenSyariahkan Manusia dan Memanusiakan Syariah’ adalah mesej utama yang disampaikan oleh Datuk Dr Mohd Daud Bakar dalam sesi perasmian. Dr. menekankan tentang keanjalan Syariah dan bagaimana Syariah seharusnya beriteraksi dengan keadaan semasa. Syariah adalah kehidupan. Aspek kemanusiaan penting dalam berijtihad…. Continue Reading →

The Objectives of Shari’ah in Sales Transaction

[The original posting can be found at: http://alnaqiy.com/article/the-objectives-of-shariah-in-sales-transaction/] Islam and the Economic System Islam differs fundamentally from man-made systems in defining the economic system. In Islamic economic principles, all the wealth belongs to Allah and the human is the trustee of… Continue Reading →

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