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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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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 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 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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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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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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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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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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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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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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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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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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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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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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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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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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