Day: April 26, 2016

Introduction to the Laws of Inheritance

صلّى الله عليه وسلم) said: “O Abu Hurairah, learn Fara’id (the shares of the inheritance that are prescribed in the Quran) and teach it. Indeed it is half of the knowledge.” [Sunnan Ibn Majjah37] Inheritance in an integral part of Islam and its application in Islamic society is a mandatory aspect of Divine teaching of […]

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IFFSA & Awards Night May 2016

Islamic Finance in South Asia has firmly taken root, with Pakistan, Bangladesh, Sri Lanka and the Maldives offering IF as a mainstream product, under the purview of the respective regulatory bodies. Amendments have also been made to the various Banking and Finance Acts and Regulations in order to encapsulate Islamic Banking within its framework. In […]

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8th SLBFI Conference “Converging towards common goals”

An avowed intention to launch a formal Association at the 7th SLIBFI Conference has come to fruition with the launch of the Association of Alternate Financial Institutions (AAFI). With representation from all segments of the industry, straddling Banking, Takaful, Leasing and Capital Markets, AAFI is set to blaze a new path in the IBF industry […]

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