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Gallery : Islamic Banking & Finance

Fotos from the one day workshop on ‘Islamic Banking & Finance’ where Jaihoon presented a study on the scope of Islamic banking in Kerala

Aliens in Calicut : A Sociological Approach on the Scope of Islamic banking in Kerala

Apparently they were planning to install their relay station in order for the Earth inhabitants to stay in touch with their planet. But the choice of Calicut suffered the following defects:
1. Few potential number of people who could use/operate that facility
2. There were hardly an educational system to produce workforce to operate and carry on the required R&D for its future evolution
3. The Calicut residents also could not afford the cost of running and maintaining it
… Transcript of Jaihoon’s speech at the One Day workshop on “Islamic Banking and Finance”

ഇസ്ലാമിക്‌ ബാങ്കിംഗ്‌ & ഫൈനാൻസ്‌: ശിൽപശാല (One Day workshop on “Islamic Banking and Finance”)

2009 ജനുവരി 1 വ്യാഴാഴ്ച്ച ദുബൈ അൽ ഖുസൈസിലുള്ള സെൻ ട്രൽ സ്കൂൾ ഓഡിറ്റോറിയത്തിൽ രാവിലെ 9.ആരംഭിക്കുന്ന ശിൽപശാലയിൽ അജ്മാൻ പ്രിസ്റ്റൺ യൂണിവേഴ്സിറ്റി ഇസ്ലാമിക്‌ ബാങ്കിംഗ്‌ വിഭാഗം പ്രഫസറും അജ്മാൻ ചേംബർ ഓഫ്‌ കൊമേഴ്സ്‌ ആൻഡ്‌ ഇൻഡസ്ട്രി സാമ്പത്തിക വിശകലന വിദഗ്ധനുമായ ഡോ. അബ്ദുൽ ഫത്താഹ്‌ മുഹമ്മദ്‌ ഫാറ “ലോക സാമ്പത്തിക പ്രതിസന്ധിയും ഇസ്ലാമിക്‌ ബാങ്കിംഗിന്റെ സാധ്യതകളും” എന്ന വിഷയത്തിൽ ആമുഖ പ്രഭാഷണം നടത്തൂം.

Pilgrimage to a Moneywise Shrine

I expected to see leaflets explaining in simple words, and in bilingual, the benefits of Interest Free Banking. Why had Lord forbidden usury? Why had the Unlettered Prophet of Arabia eliminated interest from all economic activities including the Dr and Cr columns of accounting ledgers… Questions remained unanswered!

Islam and Alms

This sense of responsibility which Islam prescribed thirteen centuries ago is completely supported by the most modern economic and political theories. But where the state is unable to find work for the unemployed, the Public Treasury will support them until their ­cumstances improve. There is nothing wrong in this, for Muslims are generous to themselves, to the state and to others.

ISLAM AND THE CLASS SYSTEM

The clergy had their own distinctive clothes. In those ages the power of the church was equal and at times opposed to that of kings and emperors. The Pope claimed that it was he who confer­red power on kings but they strove to get rid of his influence in order to rule independently. Owing to the property donated by the religious people and the exactions imposed on them, the church became so rich that at times it could have armies of its own. On the other hand, the nobility inherited nobleness from their forefathers and passed it on to their descendants. A man belonged to the nobility by birth and remained as such until his death regardless of whatever noble or mean actions he might have done in his lifetime.

ISLAM AND PRIVATE OWNERSHIP

Is private ownership a natural propensity? Communists and their likes insist that it is not. They claim that there was no private property in the earliest societies where the “first communism” prevailed. All things, they say, were public property shared by all people who were guided by a spirit of affec­tion, co-operation and brotherhood. They sadly regret that such “an angelic era” did not last because the discovery of agriculture involved disputes over the cultivated land and the means of pro­duction. This inevitably led to war. The Communists allege that humanity can put an end to this dreadful evil only by returning more to the first Communism” where no one had a property or one’s own and all production was equally shared by all people. They believe that this is the only way to restore peace, affection and harmony to the world.

Stress on organic farming in country

Dr Tajuddin, formerly a professor and director of Kerala Agricultural University, who conducted a research on agricultural problems in the UAE over the past seven years, said date palm growers in the Gulf should be discouraged from using chemical pesticides in fighting red weevil larvae which affected almost 20 per cent of the 70 million date palm trees in the UAE.

Wealth and Society

By Syed Abul Hasan Ali Nadwi
Zakat, which Islam has enjoined upon Muslims, marks the lowest

ഇബ്‌നു ഖല്‍ദൂന്‍: വ്യക്തിയും ജീവിതവും

സോഷ്യോളജി, ചരിത്രം എന്നിവക്ക്‌ താത്മികമായ വിശകലനങ്ങള്‍ നല്‍കിയ ലോകപ്രസിദ്ധ മുസ്ലിം ശാസ്ത്രപ്രതിഭയാണ്‌ ഇബ്‌നു ഖല്‍ദൂന്‍. ചരിത്രശാസ്ത്രത്തിന്റെയും സാമൂഹിക ശാസ്ത്രത്തിന്റെയും പിതാവും സ്ഥാപകനുമായി ഗണിക്കപ്പെടുന്നു. ‘മുഖദ്ദിമ’ എന്ന കൃതിയിലൂടെ ലോകത്തിന്റെ ശ്രദ്ധ പിടിച്ചു പറ്റിയ അദ്ദേഹം ഇന്നും അതേ കൃതിയിലൂടെ ജീവിക്കുന്നു.

The Abuse of Money… from Plato to Nato

The small, but attentive assembly, had gathered on time to listen to the ‘Monetary Reformer’. Unlike other functions, there were no much of formalities before or after the speaker.
A brief introduction tot he speaker was given by Monal Zeidan, the PR specialist and prominent media man popular with the English-speaking expat community in UAE. He […]

Thunjath Ezhuthachan : The Father of Malayalam language

Thunjath Ezhuthachan was born around 450 years ago in Malappuram district. The story of his birth is mixed with myths and truths. His real name was Ramanujan and signs of brilliance were evident in his childhood. He traveled extensively in search of knowledge and returned to Thrikandiyur, his birthplace, after mastering the religious sciences.
The privileged […]

The fall of Ottoman Caliphate and the Indian Khilafat Movement

Introduction
A western critic once wrote that a visitor from Mars who arrived on earth during the sixteenth century would have probably concluded that the world was on the verge of becoming Muslim. No doubt, with the Mughal Empire in the Indian Subcontinent in the East, Safavid Empire in the center and the Ottoman empire in […]

7 reasons why America is ‘Muslim Nation’

[Islam: The next American religion? By Michael Wolfe , Arabnews.com]
The US began as a haven for Christian outcasts. But what religion fits our current zeitgeist? The answer may be Islam. Americans tend to think of their country as, at the very least, a nominally Christian nation. Didn’t the Pilgrims come here for freedom to practice […]

Art: Endeavor to Locate Culture

[by Hoor Al-Qasimi, director, Sharjah international Biennial 6 on behalf of the artists, their curators and their work.]
The sixth Sharjah Biennial hosts have a long history. Venice is celebrating its 50th Anniversary in June this year. Sharjah, over 12 years, has followed the protocols established by Venice, categorizing artists in terms of their national […]

Allama Iqbal’s Biography

Birth
Iqbal was born in the Punjab on February 22, 1873. His ancestors, who were Kashmiri Brahmins, had embraced Islam two hundred years earlier. Iqbal’s own father was a devout Muslim with Sufistic bent of mind.
Primary Education
He received his early education in Sialkot. After passing the entrance examination, he joined Intermediary College. Mir Hassan, a great […]

Henna: The balm on the palm

An insight into the role played by henna-designer on festive occasions
Eid has come. Eid has gone. The month of IFTAR, cherished by the believers worldwide, is no more HEREAFTER… at least until the next year. Insha Allah.
The well-to-do believers put on new dresses fragrant with perfume. They attend prayers and meet their family members. The […]