The Institute of Halal Investing Welcomes You
The Institute of Halal Investing works to demystify Islamic finance among both Muslims and non-Muslims by providing research on Shari'ah-compliant financial products.
Institute of Halal Investing
at a Glance
Institute of Halal Investing is working to become a world class think tank on Islamic banking, finance and investment. We provide the following opportunities for both Muslims and non-Muslims to understand this rapidly growing area of finance:
A central resource that holds knowledge about Islamic banking, finance and investment;
Access to world class forums on Islamic finance at major financial capitals of both the Muslim world and Western financial centers;
A library that holds the latest research and white papers on Islamic banking, finance and investing;
Courses and seminars on Islamic banking, finance and investment;
A regularly published newsletter about Islamic banking, finance and investing.
Islamic finance is intended to be an alternative financial system based on the rules laid down in Islamic law, the Shari'ah, which is articulated in the Qur'an and Sunna. The industry has its roots in the post-colonial period in the 1950's, when scholars in many previously colonized and newly independent states worked to develop a new economic system, a third way between capitalism and socialism based on the assumption that Muslims will have a larger social interest in their economic interactions than non-Muslims; Read more...
There are 1.2 billion Muslims in the world, and 6 million in the United States, yet little is known about a relatively new and rapidly growing area of finance administered in compliance with Shari'ah law. Shari'ah (Islamic) law lays down a code of ethics and conduct under which Muslims are instructed to live their lives. However, it is very difficult for Muslims to comply with the financial restrictions enunciated in the Qur'an and Sunna because the Islamic financial industry is still undeveloped or absent in many areas of the world. Read more...
The main area in which Islamic finance has entered the United States is in academic institutions. Harvard University has a well-developed Islamic Finance Project (IFP) under the law school, which brings in scholars from law, economics, business and Islamic studies together to study the development of Islamic finance. Since 1997, the IFP (previously the Harvard Islamic Finance Information Project (HIFIP)) has hosted an annual conference, the University Forum on Islamic Finance, where current research in Islamic finance is presented and discussed. Since 2000, this conference occurs biennially. Read more...