Islamic Finance Fatawa

  • Home
  • Islamic Finance Fatawa

The Impact of Inflation

Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power of money. Inflation has a significant impact on the […]
Read More

The Shariah Breaches of Preference Shares

Definition of a Preference Share Preference shares are shares that rank above other share types and classes in terms of dividends or capital but have restricted voting rights. They are almost always fixed-income securities. The specifics of preference shares are usually set out in the company’s articles of association or shareholder agreements[1]. Key features of a preference […]
Read More

How to Structure a Shariah Compliant Convertible Note

Data compiled in the last couple of years suggests that the start-up economy is worth over $3 trillion USD. This roughly equates to the GDP of the G7[1]. Start-ups embrace growth and innovation. Start-ups typically test assumptions that haven’t been tested before, through new technologies, products, and services. Funding is the life of a start-up, […]
Read More

Combining Business and Hajj, Profit and Spirit

The greatest days of the year are the first ten days of Dhul Hijjah. The Prophet (sallallahu’alayhi wasallam) said: ‘There is no day more honourable in Allah’s sight, and no acts more beloved therein to Allah than those in these 10 days. So, say tasbih (subhanallah), takbir (Allahu akhbar) and tahlil (la ilaha illallah) a lot.’ […]
Read More