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 …

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 …

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 …

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 …

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 …

The 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 …

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 …

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 …