Monthly Archives: September 2016

Concept of Fatwa in Islamic Finance.

Definition of Fatwa. The word fatwa is derived from afta or ifta. This word has two major meaning which are: The first meaning: Seriousness: which means to be serious, quiet and from this meaning derived the name of al-fata who has who has these descriptions and features. The second meaning: explanation or clarification and showing,… Read More »

Why Islamic Finance

The human being at every point in time have reasons for their actions, that is, what we do is triggered by some certain actions or a reaction to some certain stimulus within our environment. Our existence in this world is also for a reason, though there might be difference of opinions as to why we… Read More »