October 2021

Spiritual Methods Of Wealth Protection.

Wealth protection is one the five objectives of Islamic Law (Maqasid Sharia’h). In wealth management field, wealth protection is one of key area that is addressed and several ‘standard’ methods are employed, developed and tested. In short, wealth protection focus on ways to mitigate risks that evolve around individual and businesses (personal and business risks). […]

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Islamic Finance In Tanzania: Is The Sleeping Giant Going To Awake?

In a month of March 2021, I received an invitation to participate in a stakeholder engagement virtual sessions to review and contribute to Tanzania Five Year Development Plan III. Despite short notice and many duties, I decided to attend. Almighty guided me to select the “Blue and Digital Economy” session that included Start-ups, Innovation Enables,

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Islamic Finance Between Elites Of Labour And Elites Of Leisure

Al Marhum Professor Ali Mazrui, a political scientist and renowned public intellectual said “It might be true that there is a law of oligarchy in all human organization of any substantial size. Elite formation becomes therefore inevitable. But the issue which still remains to be meaningfully discussed in a given society is what kind of

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Financial Reports of Conventional Banks pose a risk to their Islamic Windows and Islamic branches.

Islamic financial services have two main market entry approach. One approach is being fully fledged financial institution and the other one is through conventional financial institutions. Conventional financial institution have four options such as setting up a subsidiary such as Citi Islamic Investment Bank, CIMB Islamic; setting up a branch such as HSBC Amanah, PBZ

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The Era Of Customer Capitalism: Are Islamic Financial Institutions Up To It?

Of recent months, i have been a fascinated reader of books written by Stephen Denning aka Steve Denning. In this article, I want to share some few ideas from his book called “The Leader’s Guide to Radical Management” for the business leaders to focus on. The idea is called customer capitalism achieved through robust focus on customer

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