By Sohail Hanif My research has centred on unpacking layers of argumentation in works of Islamic law, particularly legal commentaries. As one unpacks these layers, one comes to learn that … Continue reading Social Dependencies of Islamic Law: A View Through the Legal Commentary
Weekend Scholarship Roundup
SCHOLARSHIP ROUNDUP On Islamic Law: In "Modern money and Islamic banking in the light of Islamic law of riba" (International Journal of Finance & Economics (2020)), Muhammad Zahid Siddique (National University … Continue reading Weekend Scholarship Roundup
Islamic Law in the News Roundup
ISLAMIC LAW IN THE NEWS Turkish President Recep Tayyip Erdogan vowed to cut interest rates, arguing that the cut is also in line with Islamic law. In a recent interview, … Continue reading Islamic Law in the News Roundup
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