FINANCE

SHAIKHAH UMME ROOMAN SOOFIE reflects on some of the issues raised at the international Islamic finance conference held in Cape Town, recently. SOUTH AFRICA is truly a remarkable country. After removing the shackles of a painful past, it has transformed into a land of immeasurable tolerance and...

THE Islamic Development Bank Institute (IsDBI) has published a book that provides a hands-on approach detailing the application of ‘heavy tails’ distribution techniques to curtail risk in Islamic finance portfolios. THE Islamic Development Bank Institute (IsDBI) has released a new book detailing the application of ‘heavy tails’ distribution...

SHAIKH MAHOMED SHOAIB OMAR points out five key differences between conventional and Islamic banking. Function of money THE first difference is in the function of money. In Islam, it is exclusively a medium of exchange. Money should not be traded as a commodity which fetches a price...

WESGRO, in association with Serunai Commerce and the Halal Centre of Excellence South Africa, hosted a very exciting and informative webinar on September 6, 2021 to empower the manufacturers of halaal products and to demonstrate the opportunities and introduce participants to the world of halaal. Wesgro is...

Early this year, the information regulator (IR) announced that failure to comply with certain provisions of the Protection of Personal Information Act (Popia) may result in the IR imposing an administrative penalty of up to R10-million from July 1, 2021, or imprisonment for a period not exceeding...

ICONSULT AFRICA jointly hosted a webinar with IFintegrate on Saturday, August 14, 2021, on the use of block chain and the application of artificial intelligence (AI) in Islamic Finance. The event marked the inaugural collaboration between the bespoke Shari’ah advisory firm, IConsult Africa, and the tech company,...