the global financial crisis: can islamic finance help? - Institute of ...

NEWHORIZON Muharrum–Rabi Al Awwal 1430
CONTENTS
Features
24
10 Islamic and ethical finance:
on the same path?
Don Brownlow, NewHorizon’s contributing
editor, talks to the industry experts about
the differences and similarities of Shari’ahcompliant,
ethical and socially responsible
modes of finance.
16 Balance sheet analysis:
Islamic vs. conventional
Comparing the balance sheet structures of
conventional and Shari’ah-compliant banks.
18 In the spotlight: South Africa
What is the current state of Islamic finance
industry in South Africa, home to about one
million Muslims?
40
24 Islamic finance progress in Bangladesh
Being one of the largest Muslim countries in the world, Bangladesh clearly has the
potential and the market for Shari’ah-compliant finance. Abdul Awwal Sarker, who
is directly involved in the central bank’s efforts to strengthen the country’s Islamic
banking sector, talks about accomplishments and challenges of the industry.
36 Islamic mortgages: Shari’ah-based or
Shari’ah-compliant?
A controversial interview with Sheikh Haitham Al Haddad, a London-based
Islamic scholar and Muslim community leader.
40 IT focus: Europe Arab Bank
Antoine Sreih, CEO of Europe Arab Bank, a UK-based subsidiary of Arab Bank
Group, tells NewHorizon about the bank’s major IT project.
Regulars
43 Book Review
‘Developments in Islamic Banking: The Case of Pakistan’ by M. Mansoor Khan
and M. Ishaq Bhatti.
05 NEWS
A round-up of the important stories
from the last quarter around the globe.
20 ACADEMIC ARTICLE
The global financial crisis: can Islamic
finance help?
30 ACADEMIC ARTICLE
Placing faith in Islamic finance: the role
of a Shari’ah scholar in the industry.
32 IIBI LECTURES
October and November lectures
reviewed.
34 IIBI NEWS
New book published in conjunction
with the IIBI.
IIBI launches a new website and
prepares online courses.
More students complete the IIBI’s
Post Graduate Diploma course.
42 APPOINTMENTS
Summary of appointments within the
Islamic finance industry.
44 DIARY
Upcoming Islamic finance events
worldwide endorsed by the IIBI.
45 RATINGS & INDICES
46 GLOSSARY
www.newhorizon-islamicbanking.com IIBI 3