"The Prophet (ﷺ) said: “Gold is to be paid for by gold, silver by silver, wheat by wheat, barley by barley, dates by dates, and salt by salt, payment being made on the spot. If the species differ, sell as you wish provided that payment is made on the spot".
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غرامة التأخير فى سداد ثمن البيع لا يجوز فرضها تلقائيا بمجر�� عدم السداد فى الموعد المحدد و لكن لها شروط. ثبت تطبيق فتاوى اللجنة الشرعية للمؤسسة الإسلامية لتنمية القطاع الخاصة للتفاصيل و المزيد:
Apple Store:
https://t.co/AXXMgenAcm
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Android Store:
https://t.co/4wxxGB6eYx
"Several Halal companies were able to leverage crowdfunding. Noor Vitamins used start-up crowdfunding website MassChallenge to expand its business. The company was later awarded a $75,000 prize
Source: Thomson Reuters-State of the Global Islamic Economy
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Ethics in finance
There is something about a mutual fund and Islamic finance principles that make them such a good fit.
In just a few sentences, Nicholas Qaiser, CFA explains this simply and beautifully.
Since 1975, the IsDB has been promoting social and economic development in its member countries with total financing of about US$131 billion, in addition to US$48 billion business insured by ICIEC
Islamic finance has a strong track record in promoting financial, social and economic stability, as well as financial inclusion and shared prosperity - in line with the UN’s Sustainable Development Goals (SDGs)
As of today, IsDB has offered 15,724 scholarships. Of these 9,931 students have graduated and 2779 students are currently studying in 878 universities spread over 75 countries world-wide
We are aiming to transition from a Development Bank to a Bank of Development and Developers; to expand and deepen existing partnerships and seek new partners, with a common goal of commitment to greater development effectiveness
The IsDB is delighted to announce that we will be holding our inaugural Transformers Summit on December 10th, in Cambridge, to discuss the role of #Science#Technology and #Innovation in achieving SDG 11: Sustainable Cities and Communities #Transformers#Transform#GlobalGoals
Secure a place for yourself this 27th & 28th November for The 25th WIBC 2018 - A robust platform for the Global Islamic Finance Industry - taking place in #Bahrain! HURRY UP & REGISTER NOW at: https://t.co/KW57xYSfaR More Info at: https://t.co/rPon708mKC #WIBC2018#25YearsOfWIBC
Consistent messaging and engagement with @isdb_group country offices is key to achieving the #SDGs, Says Dr. Walid Abdulwahab, DG Country Relations. #GlobalGoals