Islamic Law in the News Roundup

ISLAMIC LAW IN THE NEWS After retiring from the NBA, Hakeem Olajuwon launched a successful career in real estate, all the while avoiding borrowing money for his acquisitions that would … Continue reading Islamic Law in the News Roundup

Islam and Data Science Roundup

A study by Reuters found that Muslims in France have been disproportionately impacted by the pandemic compared to other communities and that the COVID death rate among French Muslims is much higher than in the … Continue reading Islam and Data Science Roundup

Islamic Law in the News Roundup

A Reuters investigation of Indonesia's banking and finance sector revealed that an increasing number of Muslims employed in that sector are "quitting traditional banks" citing concerns of incompatibility with Islamic … Continue reading Islamic Law in the News Roundup

In the News: The Challenge of Navigating Sharīʿa Financing for Education

Testimonies from Muslim students studying in the United Kingdom note the challenge of navigating sharīʿa financing with banks that are not sharīʿa-compliant. Metro UK reporter Faima Bakar writes, “the limitations … Continue reading In the News: The Challenge of Navigating Sharīʿa Financing for Education

Dār al-Iftā’ Fatwā: Working in Banks

By Aaron Spevack Source: http://www.dar-alifta.org/Foreign/ViewFatwa.aspx?ID=5912&text=working%20in%20banks This fatwā listed on Dār al-Iftā'’s website - the official fatwa institution of Egypt and connected with scholars of al-Azhar - deals with the question … Continue reading Dār al-Iftā’ Fatwā: Working in Banks

Review :: Fadel on the Function of the “Interest Ban” in Islamic Finance

Student editor Alicia Daniel reviews Mohammad H. Fadel, Ribâ, Efficiency and Prudential Regulation: Preliminary Thoughts, 25 Wisconsin Journal of International Law 655 (2008). Islamic finance creates financial products specifically aimed at Muslims … Continue reading Review :: Fadel on the Function of the “Interest Ban” in Islamic Finance