Islamic banking promises justice and ethical finance, but critics argue it often mirrors conventional systems. This analysis examines whether South Africa’s Islamic banks have lost their moral core. By SHIRAAJ BUZIEK In a country where inequality remains one of the most pressing economic challenges, Islamic banking was...

South African Muslim families face growing financial complexity at home and abroad. MuslimFin Family Office offers Shariah-compliant guidance in wealth, succession and legacy planning to help preserve values across generations. By MOGAMAT ALI SALIE IN EVERY generation, South African Muslims have demonstrated resilience, enterprise and generosity. From...

The fund is committed to offering investors exposure to growing economies by focusing on high quality facilities which extends across multiple sectors, including retail, warehousing, manufacturing, logistics and accommodation. By YASEEN BARDIEN At its recent Future Vision and Interim Results presentation in Cape Town, Oasis Crescent Property...

Why shariah-compliant finance is our path to liberation By MOGAMAT ALI SALIE ‘Debt is the new slavery,’ a phrase often repeated in economic circles, resonates deeply when we consider the reality of conventional finance. In South Africa, households spend almost 75% of their disposable income on servicing...

Estimated assessments are a legitimate tool in SARS’s arsenal, but their use must be balanced with the rights of taxpayers. The current trend suggests a tilt toward expediency over equity. By STEFAN DIEDERIKS In recent years, the South African Revenue Service (SARS) has intensified its use of...

‘South Africa’s economy faces persistent inequality, unemployment, and systemic financial exclusion. A thriving Shariah-compliant financial sector, backed by active community participation, can become a blueprint for inclusive growth in the country.’ By MOGAMAT ALI SALIE South Africa’s Muslim community, diverse in culture, vibrant in spirit, and historically...

Precious metals align with Islamic principles as tangible assets, free from riba, preserving real value against inflation and geopolitical risk. Gold, in particular, qualifies for zakat, and platinum can follow this tradition. By MOGAMAT ALI SALIE IN the first two quarters of 2025, precious metals have emerged...

In conventional banking, AI applications are widespread – algorithmic trading, credit scoring, and chatbots handle vast amounts of data to streamline operations. However, Islamic finance must ensure that these tools do not inadvertently facilitate prohibited activities. By SHIRAAJ BUZIEK THE rapid rise of artificial intelligence (AI) in...

ANTHONY STROEBEL IN the face of ongoing humanitarian crisis, a unique initiative emerges from South Africa, blending artistry, activism and philanthropy. Pure Karat Creations, in collaboration with the Al-Quds Foundation (SA), has launched a limited edition one-ounce pure silver coin that not only commemorates the Palestinian struggle...

‘With the rise of colonialism and modern banking, the transition to paper money, detached from gold and silver, introduced vulnerabilities such as inflation.’ By MOGAMAT ALI SALIE MONEY is an essential tool for trade, facilitating transactions and economic activity. However, in Islam, money must possess intrinsic value...