With the increase in demand for equity-based funding, Musharakah will aim to help alleviate the Islam banking industry and lead Malaysia into a new dimension of innovative and attractive product offerings. Musharakah: An Islamic term for partnership. It refers to two or more persons jointly owning an item or contracting jointly for profit Shirkat-ul-‘aqd: A...Read More
Dubai plays host to the second leg of the International Waqf & Blockchain Forum (IWBF 2018) – the first city in the middle east to do so. IWBF 2018 brings together the best minds to showcase new opportunities and possibilities available through the use of blockchain technology to help in the development and sustainability of...Read More
A fintech start-up based in Indonesia called Blossom Finance released a report concluding that Blockchain technology is consistent with the Sharia goal of reducing excessive uncertainty, according to a press release published Thursday, April 12. “Blockchain gives you mathematical proof of ownership and that’s overall much more in line with the spirit of Islamic finance...Read More
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