Our team at the Finance Board is excited to bring a series of topics on Islamic Finance every week. Our goal is to make the concepts of Islamic Finance easier to understand, both for the man on the street as well as the consummate finance professional.
What is Islamic finance and what are its basis? How does this type of finance relate to contemporary finance? Is it practical or even possible to employ this kind of financing in today’s complex business and commercial transactions? These are the questions we endeavor to undertake every week on the Finance Board blog. Each week we will introduce a new concept in Islamic finance along with its counterpart in conventional finance and highlight the comparison between the two.
We will start by looking at Islamic Finance through the lens of the Sharia law followed by describing various Islamic financial products and how they are engineered. Our objective is to clarify the concepts starting from the simplest of transactions and leading up to complex project financing deals. Along the way, we will also opine on the question “Is Islamic Finance a viable alternative to contemporary finance?”
The weekly posts are brought to you by Ms. Qazi who is a finance professional with over 28 years of experience in the fields of corporate finance, risk management, financial systems development and Islamic finance. She has lived and worked in the U.K., Thailand, Pakistan, Canada and the U.S. and presently resides in Chicago. For a brief bio on her, please check our management team profiles.
Our blog is open for your comments and we look forward to hearing from you. Thanks for visiting.