THE IDEAL LEGAL FRAMEWORK FOR ISLAMIC FINANCE

A Shari’ah-compliant product is like a person who is born a Muslim. While that is a good start, it is even more important that he lives...

ISLAMIC BANKING PRODUCTS AND MAQASID AL-SHARI’AH: DO THEY WALK TOGETHER?

Whether we take maqasid as referring to the Al-Ghazali’s five objectives or Al-Qarafi’s six or ibn Taymiyyah’s open-ended list or with a...

MALAYSIA: LAW OF CHOICE FOR ISLAMIC FINANCE AND CENTRE FOR DISPUTE RESOLUTION

I have spoken or written on this topic a number of times since 29 July 2010 when I spoke on “Interface Between Shari’ah and Civil Law In...

ISLAMIC FINANCE: LET US NOT BE “AN UMMAH OF LOST OPPORTUNITY”

Sheikh Nizam Mohammed Saleh Yaquby, a well-known Shari'ah Scholar and an expert in Islamic finance from Bahrain, at a seminar in Kuala...

THERE IS NO SUBSTITUTE FOR EFFICIENCY, HONESTY, DISCIPLINE AND HARD WORK

I used to say that quite often I find myself at a wrong place. This is one of them. I am neither a Shari’ah scholar nor an economist. What..

PENGHARMONIAN UNDANG-UNDANG SIVIL DAN SHARI’AH DALAM PERBANKAN DAN KEWANGAN ISLAM DI MALAYSIA.

Semenjak saya masih di sekolah menengah, saya mendengar orang bercakap mengenai menggantikan undang-undang di negara kita dengan Hukum...

THE ROLE OF JUDGES IN SETTLEMENT OF DISPUTES IN ISLAMIC FINANCE

When I was approached to speak at this Seminar, I told the organizers that I would not be presenting a paper and that I would not take...

DEVELOPMENT OF ISLAMIC FINANCE AND ISLAMIC LAW OF MU’AMALAT IN THE 21ST CENTURY

In this paper, where applicable, the term “Islamic finance” is used to cover Islamic banking, Islamic finance and takaful...

PENGHAKIMAN MAHKAMAH, RESOLUSI MPS DAN GARIS PANDUAN BNM MENGENAI “UNEARNED INCOME”, “UNEARNED PROFIT”, “DEFERRED PROFIT” DAN IBRA’

Hakim-Hakim Mahkamah Tinggi yang membicarakan permohnan-permohonan untuk mendapat Perintah Jualan (Order for Sale) di bawah Kanun Tanah...

ETHICAL DIAMENTIONS IN ISLAMIC FINANCE: THE WAY FORWARD

At a Seminar organised by the Securities Commission about two years ago on the financial crisis in the West, I asked the paper writer, a...

THE NEED FOR SHARIAH-COMPLIANT LAW OF CHOICE FOR ISLAMIC FINANCE TRANSACTIONS

Islamic banking, Islamic finance and takaful (“Islamic finance”) in its modern form was born in late twentieth century out of the desire...

MAKING OUR CONTRIBUTION TO ISLAMIC BANKING AND SHARI’AH

I welcome this “engagement” with you all. I hope it is mutual and it will be of mutual benefit. More so, I hope it will contribute, in...

MALAYSIA AS AN ISLAMIC FINANCE HUB: MALAYSIAN LAW AS THE LAW OF REFERENCE AND MALAYSIAN COURTS AS THE FORUM FOR SETTLEMENT OF DISPUTES

Looking back, last year, today, I was lying on my back on the hospital bed, unable to turn to the left or right, being fed through the...

KEWANGAN ISLAM: PERKEMBANGAN DAN KESANNYA

Saya mengucapkan ribuan terima kasih kepada Universiti Sains Islam Malaysia (USIM) yang sudi menganugerahkan Ijazah Kehormat Doktor...

ISU-ISU PERUNDANGAN DALAM KEWANGAN ISLAM

Rasanya tidak salah jika saya katakana bahawa kewangan dan perbankan Islam seperti yang ada hari ini adalah pecahan daripada perbankan...

PERBANKAN ISLAM DAN TAKAFUL: FORUM UNTUK PENYELESAIAN ISU UNDANG-UNDANG DAN HUKUM SYARAK

Saya meminta supaya tajuk yang diberikan kepada saya dipinda kepada “Perbankan Islam dan Takaful: Penyelesaian isu undang-undang dan...

EAST AND WEST HAVE MET?

Perhaps, until about four decades ago, most people, including lawyers and judges, thought that common law and Islamic law represented the...

FINANCIAL CRIMES AND PROSECUTION OF CORRUPTION CASES

It appears that in developing countries, financial crimes and corruption cases grow, in size and number, with a country’s development and...