The largest online global community in Islamic banking, insurance, investments and microfinance

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Latest Activity

According to Dr. Elgamal " they seek economic and social answer in the vague financial commands of the Qur'an and Sunnah (the Qur'an does not explicitly say what the forbidden riba is, and doesn't mention gharar, the Sunnah gives some examples of f…
January 30
A Correction: KJKS are not conventional cooperatives, but are the cooperatives providing Shariah-based financial services as prescribed by the Ministry of Cooperatives. It needs to be investigated in what way the KJKS model is different from BMTs an…
January 25
January 25
January 24
January 16
The word banking denotes intermediation, which obviously carries a cost / margin. Hence, a wholesale / super market model best suits Islamic finance and the institution should therefore be called as 'Islamic financial institution' involved in asset…
January 16
January 15
January 15
 
IBF Net welcomes you to the world of Islamic business and finance. It is a global network of students, researchers, bankers and finance professionals interested in this exciting field. Currently IBF Net has over 6000 members.

IBF Net as an online global community has been in existence for over a decade now. As an organization it was incorporated in India in the year 1999. Among other things, IBF Net has sponsored the International Institute of Islamic Business and Finance (IIIBF) to undertake education, training, research and publication in the areas of Islamic Business, Finance and Microenterprise Development. IBF Net conducts regular personal contact seminars, workshops and training programs.

As a member of this growing online community you are welcome to share information, knowledge, views and engage in professional interaction.

Blog Posts

Mohammed Obaidullah

Islamic Financial Cooperatives: Some Findings

Below are some important and interesting findings on Indonesian Islamic financial cooperatives known as Baitul Maal wat Tamweel (BMTs). The findings are based on a sample survey of 80 Islamic financial cooperatives (BMTs) from West Java, Indonesia. My comments are in bold and I would appreciate receiving feedback on further studies that address the issues. InshaAllah I would post a full literature survey on this subject soon for the benefit of members.

1.BMTs are mostly promoted by educated per… Continue

Posted by Mohammed Obaidullah on January 10, 2010 at 1:16pm — 1 Comment

Muhammad Saeed Babar

Some Strategies for Fund Raising for Poverty Alleviation

I agree with Dr. Mohammad Obaidullah: "I guess microfinance and poverty alleviation is much more than "collecting charity and helping the destitute"; and certainly much more than "micro-lending". There is no reason why a profit-making enterprise owner should be given charity." I also agree with… Continue

Posted by Muhammad Saeed Babar on December 13, 2009 at 11:16am

Forum

IBF Net

Qard Economics 7 Replies

Started by IBF Net in Islamic Microfinance, Zakah and Awqaf. Last reply by Muhammad Saeed Babar Sep. 10, 2009.

Mohammed Obaidullah

Shariah-Compliant Credit Guarantee Scheme 3 Replies

Started by Mohammed Obaidullah in Islamic Microfinance, Zakah and Awqaf. Last reply by Farhat Abbas Shah Nov. 8, 2009.

IBF Net

From Financial to Social Crisis 6 Replies

Started by IBF Net in Global Financial Crisis and Islamic Finance. Last reply by Muhammad Saeed Babar Jun. 29, 2009.

IBF Net

KIVA & Muslims 7 Replies

Started by IBF Net in Islamic Microfinance, Zakah and Awqaf. Last reply by Farhat Abbas Shah Nov. 10, 2009.

IBF Net

Debt Versus Equity 12 Replies

Started by IBF Net in Islamic Finance Theory. Last reply by Muhammad Saeed Babar Jul. 24, 2009.

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IIIBF offers the following rigorous and highly acclaimed professional certification programs:

Certified Islamic Banker
(CeIB)

Certified Islamic Insurance Professional (CeIIP)
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Certified Professionals may pursue MA/PhD degrees in Islamic Economics of Trisakti University Indonesia under a collaboration program.

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IBF NEWS



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IIIBF (IBF Net) and Trisakti University Indonesia go for mutual recognition of Islamic finance certification programs.


IIIBF (IBF Net) and Trisakti University Indonesia to launch a joint Research Program in Islamic Microfinance


IBF Net offers training to staff of Islamic Bank of Thailand for its soon-to-be-launched Islamic microfinance program in Southern Thailand.


IIIBF to offer MA and PhD (Islamic Economics) programs of Trisakti University Indonesia to Indian students.


Indian giants plan to offer Islamic products

Now a Shariah-Compliant Life Insurance Product for Indian Muslims

IFC Supports Microfinance Transformation Processes in Central Asia to Bring Sustainability

Kafala Ethical Fund to provide Islamic microfinance in UK

Islamic way of micro credit the best way to help the poor: Basix India

Maiden government initiative to establish Islamic banks in India.

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