By Muhammad Rizwan-ul Haque Founding Chairman, Dawood Family Takaful, CEO of an Investment Bank and Director of a Trust September 22, 2015 Introduction This article explains the difference between Musharika and Murabaha, two commonly discussed concepts in Islamic finance. Musharika According to the author, Musharika represents one of the purest forms of Islamic finance because it is based on partnership, shared ownership, and shared business risk. Features of Musharika Mushar

By Muhammad Rizwan-ul Haque Founding Chairman, Dawood Family Takaful, CEO of an Investment Bank and Director of a Trust June 22, 2015 Introduction This article discusses the concept of Murabaha within Islamic Banking & Finance and raises questions regarding its practical implementation and compatibility with the broader economic objectives of Islam. Reference to Muhammad Taqi Usmani The article cites an excerpt from An Introduction to Islamic Finance by Muhammad Taqi Usmani,

By Muhammad Rizwan-ul Haque Founding Chairman, Dawood Family Takaful, CEO of an Investment Bank and Director of a Trust December 10, 2015 Introduction There has been increasing discussion regarding fiat currencies and the role of banking systems in modern economies. This article presents an overview of these concepts from the author’s perspective. What Is a Bank? A bank is generally understood as a place where something is stored or accumulated. For example, a place where blo