Mohamed BenaichaIslamic Finance for Minorities — Real Estate Investing and Small Business FinanceIn this last part on Islamic Finance for Minorities, I tackle two challenging topics and niche forms of finance that concern Muslim…Feb 1, 2021Feb 1, 2021
Mohamed BenaichaIslamic Finance for Minorities — Investing*This is NOT investment advice. I will not be detailing the how-tos of investing. This is guidance for Shariah-compliant investing for…Oct 7, 2020Oct 7, 2020
Mohamed BenaichaIslamic Finance for Minorities — Mortgages*If you’re not interested in introductory material, you can skip right to the section titled Verdict on Taking a Mortgage for the core…Sep 17, 2020Sep 17, 2020
Mohamed BenaichaA Practical Approach to Reclaiming Solidarity in Islamic InsuranceIn this piece I attempt to address an issue that lies at the core of Islamic insurance practice, that is the lack of solidarity that…Aug 4, 2020Aug 4, 2020
Mohamed BenaichaWhat It Is and What It’s Not [III]: Islamic Capital Markets and SecuritiesIslamic securities are not purely financial in nature as bonds are for example, but instead Islamic securities derive their value from the…Jul 28, 2020Jul 28, 2020
Mohamed BenaichaWhat It Is and What It’s Not [II]: Islamic InsuranceIslamic insurance does not sell risk protection; it is an mutual agreement among participants to indemnify each other. The reason is, as…Jul 9, 20201Jul 9, 20201
Mohamed BenaichaMedieval Contracts in Modern Islamic Finance [Cont’d] — Claims of FallacyTo idealize trade-style fiqh contracts while being compelled to amend them in all sorts of ways is not only logically contradictory, but…Jul 2, 2020Jul 2, 2020
Mohamed BenaichaMedieval Contracts in Modern Islamic Finance — Claims of HypocrisyThat is why Islamic financial intermediaries work according to the rules of the game, namely the rules set up by the conventional finance…Jun 28, 20201Jun 28, 20201
Mohamed BenaichaWhat It Is and What It’s Not [I]: Islamic BanksIslamic banks utilize legitimate contracting methods to take deposits and give financing. These contracting methods are based in the…Jun 22, 2020Jun 22, 2020
Mohamed BenaichaCovid-19: The Third Test and a Decisive Moment for Islamic FinanceIslamic finance does not exaggerate economic effects on the financial system. Instead, it moves in harmony with the economic system and…Jun 18, 2020Jun 18, 2020