Author Credit:This blog is adapted from an article by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. The original article was published on December 15, 2015. Introduction Banking is one of the most important pillars of the modern financial system. Banks accept deposits, provide financing, facilitate payments, and channel capital into different areas of the economy. But behind these familiar functions l

Author Credit: This blog is adapted from an article by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. The original article was published on July 24, 2015. Introduction Economics is built around a simple reality: resources are limited, while human needs and desires are virtually unlimited. Because resources are scarce, individuals, businesses, and financial institutions must constantly decide where to a

Author Credit: This blog is adapted from an article by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. The original article was published on August 3, 2015. Introduction Money plays a central role in every modern economy. It facilitates trade, allows businesses to operate efficiently, and enables people to exchange goods and services without relying on barter. But as the nature of money has changed—from

Author Credit: This blog is adapted from an article by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. The original article was published on August 5, 2015. Introduction One of the most common questions in discussions on Islamic finance is whether only excessive interest rates are prohibited while lower rates are acceptable. Some argue that charging a small percentage of interest is reasonable and econo

Author Credit: This blog is adapted from an article by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. The original article was published on August 7, 2015. Introduction Internal Rate of Return, commonly known as IRR, is an important financial concept used to evaluate the profitability of a project or investment. In simple terms, IRR helps investors understand whether a project is worth pursuing. It is

Author Credit: This blog is adapted from an article by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. The original article was published on September 18, 2015. Introduction Agriculture is one of the most important forms of real economic activity. Many people involved in farming, poultry, dairy, cattle, and related fields work hard to produce food, create employment, and support communities. However, ag

Author Credit: This blog is adapted from an article by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. The original article was published on January 19, 2016. Introduction Swap Dollar Sukuks are often presented as Shariah-compliant investment instruments. However, their structure raises an important question: are these transactions truly Islamic, or are they simply conventional loan arrangements present

Author Credit: This blog is adapted from an article by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. The original article was published on June 25, 2015. Introduction Salam is an important transaction in Islamic finance. It refers to an agreement between a buyer and a seller in which the buyer pays the price in advance, while the seller agrees to deliver a specific commodity at a future date. In simpl

Author Credit: This article is based on the original LinkedIn post written by Muhammad Rizwan-ul Haque, Founding Chairman of Dawood Family Takaful, CEO of an Investment Bank, and Director of a Trust. Originally published on June 25, 2015. Introduction Salam is one of the important modes of Islamic finance. It refers to a transaction between a buyer and a seller in which the buyer pays the full price in advance, while the seller promises to deliver a specific commodity at a fu

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