••● Trust in Allah But Tie Your Camel ●••

One day Prophet Muhammad (ﷺ) noticed a Bedouin leaving his camel without tying it. He asked the Bedouin, “Why don’t you tie down your camel?”The Bedouin answered, “I placed my trust in Allah.” At that, the Prophet (ﷺ) said, “Tie your camel and place your trust in Allah” (Tirmidhi and Narrated by Anas bin Malik) The lesson from thisContinue reading “••● Trust in Allah But Tie Your Camel ●••”


Istisna’ is a sale transaction structure of contract where a commodity is transacted before it comes into existence. It is an order to a manufacturer/contractor to manufacture/construct a specific commodity/asset for the purchaser.


A form of Musharakah, developed in the near past, is the ‘Diminishing Musharakah.’ According to this concept, a financier and his client participate either in the joint ownership of property or equipment or in a joint commercial enterprise. The share of the financier is further divided into several units. It is understood that the clientContinue reading “DIMINISHING MUSHARAKAH”

Free Kindle Ebook promotion

These are short read books, which aim to increase awareness about Islamic finance in general and specifically how to understand financial statements prepared by Islamic financial institutions, risk management practises in Islamic Financial institutions and how Islamic Finance and Sustainable Development Goals are intertwined.

Earn Cryptocurrencies while Learning about Cryptocurrencies

Bitcoin was the first Cryptocurrency, and today it is the most valuable as listed in the crypto or digital currency exchanges like Coinbase https://www.coinbase.com/. This trend to create global currencies, which are tradeable globally is driven by advances in secure ICT technology called Blockchain. To learn more about these development ME School of Finance, AccountingContinue reading “Earn Cryptocurrencies while Learning about Cryptocurrencies”

Risk Management for Islamic Financial Institutions

Islamic finance (Capital Markets, Banking and Insurance) has emerged from a niche financial market to the mainstream of finance. The geographic market, clientele served, products base and volume of funds have grown significantly. Furthermore, the players have increased and now include not only pure Islamic institutions but also hybrid players (conventional bank with Islamic FinanceContinue reading “Risk Management for Islamic Financial Institutions”

Book Launch: Islamic Finance for Green and Sustainable Projects and Ventures

In recent years, the United Nations – Sustainable Development Goals (SDG’s) have risen to the top of the development agenda, with an emphasis on a partnership approach between the financed and financier. Given the scale of the financial resources required to support the SDG’s, coupled with the strain on government budgets, the mobilization of financingContinue reading “Book Launch: Islamic Finance for Green and Sustainable Projects and Ventures”