Halal means all things or behaviours sanctioned (permitted as lawful) by Islamic law and ritually fit to be done or use. The word Halal means permissible or lawful, and it …
NEWS Blog
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Crypto versus Central Banks Central Banks around the world have fear that crypto currency will render their domestics currencies obsolete. Their concern is if more and more citizens invest, hold …
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Islamic commercial law of contracts are those that most impact Islamic banking today. However the area of law relating to contracts and their application is a dynamic area of modern-day …
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Understanding Blockchain in Islamic Finance & Banking The blockchain technology is rapidly gaining the attention of Organizations of Islamic Cooperation. There are various Islamic financial institutes which are planning to …
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What is Tawarruq and Enah? “Tawarruq is a financial instrument in which a buyer purchases a commodity from a seller on a deferred payment basis, and the buyer sells the …
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News Blog
Banking rivalry set to heighten as BoG reviews banking act to include Islamic banking
by adminThe Banking Act is being reviewed to incorporate the concept and governance of Islamic Banking and Finance in the country. This is to pave the way for the establishment of …
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The Director General of the Global Institute of Islamic Banking, Insurance and Consultancy (GIIBIC), Mr Saeed Abdul-Muumin, has called for the regularisation of the Islamic banking system in Ghana. When …
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Discussants at a two-day training workshop on Islamic banking and finance have asked the government to consider floating Islamic bonds to raise funds for development. In a communique issued at …