The AAOIFI, a Bahrain-based regulatory body for Islamic financial institutions, announced that it will revise its guidelines.
Posts Tagged ‘Islamic finance’
Secularism and the freedom to transform lives
posted by Samia Huq
In this post I explore the case of Bangladesh: the state of secularism there and the tensions and polemics that accompany the pursuit of an ideal secular state and society. I do this by reflecting on reactions surrounding women’s turn to greater religious engagement fostered through their participation in Quranic discussion circles in Dhaka. In outlining some of the tensions underlying the reactions, I wish to draw attention to the stakes of remaining confined to a binary view of religion and secularism, especially as new religious forces and faces come into the public space with the intent of developing and transforming it.
Goldman’s foray into Islamic finance
posted by Wei ZhuGoldman Sachs is facing new controversy, this time in the Islamic world.
Is Islamic finance safe?
posted by Nathan SchneiderAs we’ve sometimes noted here, advocates have claimed that Islamic, Sharia-compliant financial products and systems are safer than conventional ones. At Davos, reports Reuters, a top regulator for the government of Qatar disagrees.
Islamic finance undergoes test in Dubai
posted by Jessica PolebaumIn the New York Times, Heather Timmons reports on the looming debt crisis in Dubai and the questions that it elicits concerning the legal mechanisms of Islamic finance.
