Master of Science in Islamic Finance

Alternative Approaches to Insurance and Risk Management: A Critical Study of Mutuals and Takaful in India

Submitted by Umar Farooq Patel on Sun, 01/08/2023 - 11:37

The project will undertake a field study of the existing Community-Based Health Insurance (CBHI) Institutions in and around Mumbai, India. Through this study, the researchers will aim to understand the landscape, practices, organizational structure, operations, governance and the impact CBHIs have in reducing the health protection gap in India.

Wealth Management and Investment in Islamic Settings: Opportunities and Challenges

Submitted by Umar Farooq Patel on Thu, 10/13/2022 - 18:42
This book addresses the theory, practices, challenges, key issues and potential future policies concerning investment and wealth management in connection with Islamic finance. There is a noted scarcity of literature on Islamic approaches towards wealth management from a jurisprudential perspective, and so this book aims to address this lacuna in available literature.

The Crowdfunding Platform as a Tool for Islamic Social Finance’s Implementation

Submitted by Umar Farooq Patel on Thu, 10/13/2022 - 18:32
Islamic social finance is becoming discussed direction, and social financial tools have been implemented for poverty and hunger alleviation in society for more than a thousand years. While financial technology is one of the most important innovations developing at the swift speed, partly driven by information technology and favourable regulation. The paper aims to research the role of financial technology in solving social challenges in the country through Islamic social instruments.

Assessing the Impact of Non-Tariff Measures on Imports and Overall Protection in OIC

Submitted by Umar Farooq Patel on Thu, 10/13/2022 - 18:20

The paper discusses the decline in tariffs and the increasing use of nontariff measures (NTMs) in countries constituting the Organization of Islamic Cooperation (OIC). The paper calculates frequency ratios (number of imports subject to NTMs), coverage ratios (Import value subject to NTMs), tariff equivalent (AVEs) of NTMs, and overall protection (protection provided by tariff and AVEs) for the years 1997 to 2015. The analysis shows that the usage of NTMs has increased in recent decades. More than 50 percent of trade in most countries was subject to NTMs as of 2015.

Gig/Platform Economy: The Next Big Opportunity for Takaful?

Submitted by Umar Farooq Patel on Fri, 09/09/2022 - 22:48

The World Bank recently released “The Global Findex Database 2021: Financial Inclusion, Digital Payments, and Resilience in the Age of Covid-19” which shows that 76 percent of adults globally have access to an account with a bank or a regulated financial institution. The rise in the past decade has been the fastest ever with over a 50 percent jump in the population with access to banking accounts and this was largely possible due to rapid advances in technology and digital infrastructure for financial services.

Framing The Next Decade of Islamic Economy and Finance: Linking Values and Impact in the Era of Digitalization (ICIF 2022)

Submitted by Umar Farooq Patel on Mon, 09/05/2022 - 16:51

Following the four successful editions of the International Conference on Islamic Finance (ICIF), the Center for Islamic Economics and Finance (CIEF) at the College of Islamic Studies (CIS), at Hamad Bin Khalifa University (HBKU), with the support of the Qatar Financial Centre (QFC) Authority, is organizing the fifth ICIF, scheduled to be held on October 09 - 11, 2022 in Doha, Qatar.