Sustainability - Sustainable / Circular Economy

Transformation into Shariah-Compliant Development Bank: A Case Study of QDB

Submitted by Umar Farooq Patel on Thu, 01/20/2022 - 15:00

This project is a case study about the transformation of a conventional bank, Qatar Development Bank, into a Shariah Compliant Development Bank. Qatar Development Bank is one of the first development banks that has embarked on a process of transformation to become 100% shariah-compliant.

التطوير المقاصدي لمنتجات الصيرفة الإسلامية

Submitted by Umar Farooq Patel on Thu, 01/20/2022 - 13:20

نحو يحقق مقاصد الشريعة، فمقاصد الشريعة غيرحاضرة في بعض منتجات الصيرفة الإسلامية، بل ورربما ناقض بعض المنتجات مقاصد الشريعة من تشريع الأحكام المالية، مما يستوجب مراجعة هذه المنتجات وإعادة إصدارها على نحو يتوافق مع مقاصد التشريع.يتضمن البحث في أوله تحدلًاديمقاصد الشريعة في الأموال وعقود التمويل والتجارة، ثم ًةعجارمللمعاملات المالية المعاصرةالإسلامية منها وغير الإسلاميةعلى ضوء مقاصد الشريعةوحاجة العصر ومتطلباته.  ثم يعمل البحث على تقييم منتجات الصيرفة الإسلامية وفق هذه الحاجة والمقاصدبغية تصنيف وتحديد الم

Promoting the agricultural sector in Qatar through Islamic Finance: Lessons from the Sudanese Experience

Submitted by Umar Farooq Patel on Thu, 01/20/2022 - 13:13

Agriculture is a driver of economic growth. An updated 2018 World Bank report emphasizes that agricultural development is one of the main tools to end extreme poverty, feed about 9.7 billion people by 2050 and raise the poor’s income two to four times compared to other sectors. About 65% of poor adults in 2016 earned a living through agriculture. Also, agricultural products accounted for one-third of global Gross Domestic Product (GDP) in 2014. Islamic Finance with its profit and loss sharing feature a

Islamic Entrepreneurship: Framework and Practice

Submitted by Umar Farooq Patel on Thu, 01/20/2022 - 12:58

The promotion of entrepreneurship is one of the key features of Islamic finance as it enables the growth of output and employment in the economy and promotes and preserves wealth thereby contributing to the achievement of general interest. However, entrepreneurship is a complex phenomenon and its financing is one of the underserved areas of  Islamic finance with the majority of Islamic finance assets being concentrated in the banking sector and the

Circular Economy and Islamic Finance: Challenges and Opportunities

Submitted by Umar Farooq Patel on Thu, 01/20/2022 - 12:33

The world is facing unprecedented ecological, social and economic imbalances and insecurities. In a lecture at the Hamad Bin Khalifa University, Qatar Foundation on 16 Dec 2018, the UN Secretary-General Mr António Guterres also reiterated this fact.  He emphasized that climate change, which is the result of human actions, is the core cause of these uncertainties.