By Benedikt Koehler | IslamiCommentary | 01 May 2014
Arabs first made a name for themselves in business; their reputation for religious zeal came later. Arabs earned a reputation as long distance traders and risk investors long before the advent of Islam, and arguably the spread of Islam also was a breakthrough for capitalism and globalization. This is hardly surprising, considering Islam is the only world religion whose founder had a background in business and came from a long line of merchants.
Source : Dawn Newspaper
22 Jul 2011
The term ‘business ethics’ refers to the behavior that a business organization is supposed to adhere to in its interaction with society, transactions with customers and in its internal affairs. The concept of business ethics is as old as business itself.
Source : Mohammad Shafique | Global Trader
Institute of Islamic Banking and Insurance | 19 Jul 2011
Islamic finance is similar to conventional finance in the sense it refers to facilitating pooling of financial resources and their investments, except that all the activities are undertaken in compliance with Shari’ah – commonly referred to as Islamic law. Shari’ah, literally means ‘path’ or ‘way’ to water source.
Source : P. K. Abdul Ghafour & Sarah Abdullah | Arab News
JEDDAH | 23 Jun 2011
Finance, economy and planning ministers from 56 Muslim countries will attend a major Islamic economic and finance conference here next week, which is likely to be opened by Custodian of the Two Holy Mosques King Abdullah at Jeddah Hilton on Monday.
Source : Mushtak Parker | Arab News
Monday : 16 May 2011
The Islamic Financial Services Board (IFSB), the prudential and supervisory standard-setting organization for the global Islamic financial industry, embarked on a new phase of its development which may lead to a review of its mandate to facilitate a wider reach including those countries and organizations that are not currently members of the board.
Source : P. K. Abdul Ghafour | Arab News
JEDDAH : 15 Apr 2011
Papers have been invited from experts for presentation at an international conference on Islamic economics and finance to be held in Doha on Dec. 18-20, 2011.
“Sustainable growth and inclusive economic development from an Islamic Perspective” is the main theme of the three-day event.