Search for tag: "cooperation"

Case Study: Activating Waqf for Sustainable Development: Awqaf Properties Investment Fund (APIF)

Waqf, in plural awqaf, is defined as a perpetual endowment. It is an Islamic charitable endowment and an essential component of Islamic social finance. Creating a waqf involves setting aside certain…

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Pillar II - Governance and Leadership

The first pillar of the Islamic development framework is building an objective-focused institutional framework that creates an enabling atmosphere for public policy design. It is critical as the…

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Corporate and Shariah Governance Mechanisms in Islamic Financial Institutions

Corporate governance is a set of organizational arrangements designed to align the actions of the management of a corporation with the interests of its stakeholders. In addition to corporate…

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Islamic Social Finance and Humanitarian Assistance

Islamic social finance refers to the provision of financial services to vulnerable members of society in a manner that follows Islamic law so as to promote socio-economic welfare. Islamic social…

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Components of Islamic Social Finance

Islamic social finance can be categorized into three types: philanthropy, mutual cooperation, and investment models for entrepreneurs and venture capitalism. Philanthropy and mutual cooperation can…

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Islamic Social Finance Instruments: Qard Hasan

Qard hasan (good loan) is given without expecting a return by the creditor with the pure intention of helping the debtor. Since Qard hasan is a gratuitous contract, no profit should be gained from…

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Summary and Conditions of Contract in Shariah

In summary, there are sale-based contracts and investment-based contracts in Islamic finance. The existence of minimum two parties, offer and acceptance, Shariah-compliant purpose, subject matter,…

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Investment-Based Contracts in Islamic Finance: Mudaraba

Mudaraba is a form of partnership in profit whereby one party, the fund provider, provides capital, and the other party, the fund manager, provides management skills or labor. Any profit generated…

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Sale-Based Contracts in Islamic Finance: Salam

Salam is a sale whereby the seller undertakes to deliver a certain commodity to the buyer at a future date in exchange of the full financial consideration, the price, paid on the spot. This video is…

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Concept and Nature of Contracts in Shariah

According to Shariah, a contract must have some pre-requisites. The first one is the existence of a minimum of two parties. Second, the offer and acceptance, namely the form of contract. The third…

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Sale-Based Contracts in Islamic Finance: Ijara

Ijara refers to leasing whereby the ownership of a usufruct of an asset is transferred to another person for a specified period in exchange of a specified consideration known as rent. This video is…

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Korean Contribution to Development Cooperation Looking Forward

Korea has gone from being a recipient country of aid to being a donor country. This video is licensed under the CC BY-NC-SA license.

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Case study: EU Water Diplomacy

This case study provides and introduction to the policy actions undertaken by the EU Council as part of EU water diplomacy to promote transboundary water cooperation. This video is licensed under…

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Ethics for Troubled Times

During times of unrest and uncertainty, how can faith and ethics help our communities take action towards a brighter future? This webinar, held on June 30, 2020, featured faculty from the SDG…

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The Obligation to Cooperate

This chapter looks at international water law, focusing on how international water law contributes to peace and cooperation on shared water resources. This video is licensed under the CC BY-NC-SA…

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Framework for Collaboration

Recognizing the importance of robust collaboration to ensure that availability and sustainable management of water and sanitation -SDG 6- rightly commits the global community to promote…

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