UAE Laws and Islamic Finance

Laws of the UAE and Islamic Finance

Archive for December, 2012

Happy New Year UAE

Nice to See you Again.


Dubai 2012 TWO

UAE Laws and Islamic Finance


‘Istisna’a is a contract of exchange with deferred delivery applied to specified made-to-order items.  General agreement upon principles of practice can generally be stated as:

a.)  The nature and quality of the item to be delivered must be specified;

b.)  The manufacturer must make a commitment to produce the item as described;

c.)   The delivery date is not fixed.  The item is deliverable upon completed by the manufacturer;

d.)  The contract is irrevocable after the commencement of manufacture except where delivered goods do not meet the contracted terms;

e.)   Payment can be made in one lump sum or in instalments and at anytime up to or after the time of delivery;

f.)    The manufacturer is responsible for the sourcing of inputs to the production process.

Istisna’a differs from Ijarah in that the manufacturer must procure his own raw materials.  Istisna’a’a differs from bay salam in that the subject matter…

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Call for Papers: ICIBFI 2013 International Conference on Islamic Banking, Finance, and Investment (February, 2013)



Call for Papers: Oxford Institute of Islamic Banking & Finance (May, 2013)





Islamic Banking, Challenges of Survival and Development


Learning Arabic Language Of The Qur’an

Islam Future → The Future For Islam

Izzath Uroosa
Language: English | Format: PDF | Pages: 488 | Size: 12 MB

The message of the Qur’an is addressed to all creation, conveyed in the Arabic language. Allah Almighty says: ‘We have sent it down as an Arabic Qur’an so that you may understand.’ (12:2) Acquiring command over the Arabic language can be relatively easy for those who are native speakers, but can prove difficult for the non-speakers. The study of Arabic, therefore, cannot be taken lightly.

The books that can impart knowledge of the Qur’anic Arabic are rare. The present book is specifically designed for learning the language of the Qur’an. All examples used in the explanation of Arabic grammar have been taken straight from the Holy Qur’an. This approach aids the beginning -student to enter the world of the Qur’an, allowing simultaneous understanding of Arabic grammar and the Qur’an, which is a very special feature of…

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Thomson Reuters Zawya Sukuk Perceptions and Forecast Study 2013

old mosque2

A View from the Oldest Mosque in the UAE

Submitted by Adnan Halawi


Counter-Values in Islamic Finance


Introduction to Islamic Finance


UAE Laws and Islamic Finance

Laws of the UAE and Islamic Finance