The Halal Times
Global Halal, Islamic Finance News At Your Fingertips
The way Muslims do business is based on free-market economics, but it provides a far more equitable and sustainable economic model than the dog-eat-dog world of Western capitalism. This was a strong underlying message to come out of a recent conference on Islamic banking in Sandton. Islamic finance, which is governed by shariah (Islamic law), …
I remember the first time I tried to wrap my hair. The fabric I used was rough and thick, so it was difficult to tie down. The woman who I credit with welcoming me into Islam gave me my first proper hijab; she also shared lessons with me and invited me to my first Eid. …
FNB Islamic Banking has launched Takaful, an Islamic-compliant alternative to conventional short-term insurance. The Takaful product offering caters for commercial, vehicle, personal, body corporate and household cover. In time, the offering will extend to other forms of Islamic-compliant insurance. Amman Muhammad, the chief executive of FNB Islamic Banking, says: “Takaful is the perfect complement to …
