Heaven's Bankers

Heaven's Bankers

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Inside the Hidden World of Islamic Finance

Islamic finance is redefining the global financial landscape. But is it really a transparent solution to ethical banking? Can it maintain its ideals of social justice, or is it guilty of the very dangers that it seeks to avoid? Harris Irfan's blog expands on the themes in his critically acclaimed book, Heaven's Bankers, the only insider's narrative about the Islamic finance industry.
By Harris Irfan    1 week ago
Can Islamic Fintech Help to Power Western Economies?
As a British Muslim, I am all too aware that Islam can be a scary word to many people in the UK and the US nowadays.  But it need not be – in an age in which Islam and Islamic law, or Sharia, is increasingly demonised, I believe an economic model espoused by the principles of justice, equality and transparency has the power to unite people of divergent beliefs and...
By Harris Irfan    4 weeks ago
So You Want to Change the World?
  So did I, 25 years ago. I still do. A few years after graduating, I was fortunate to find myself in a discipline where I genuinely could make a difference. Islamic finance – or more precisely the Islamic economic model - has the power to revolutionise the way people do business, to democratise capital in a way that can restructure society, and reduce the gap bet...
By Harris Irfan    5 months ago
What is Riba?  The Islamic Finance Show on Islam Channel
Salaam all.  After falling into apathy on social media, I have resolved to try harder.  Well, middle age is tough you know!  I like leather-bound notebooks, manual gearsticks and broadsheet newspapers.  A world made for millennials is a scary place for us dinosaurs! Anyway, in the spirit of re-engaging, let me tentatively put my foot back in the s...
By Harris Irfan    1 year ago
What Brexit means for Islamic Finance
  Now that the markets have had a few days to react to the news of the UK referendum, perhaps we can take stock of what the future might hold for Islamic finance in Europe. It’s still way too early to call, of course, but I would certainly disagree with some commentators who are stating that Brexit is a blow for Islamic finance in the UK (or Europe for that matter...
By Harris Irfan    1 year ago
Can Finance Be Socially Conscious?
Courtesy of the Islamic Finance and Ethics Society. The first student-led Islamic finance conference - a great job by the IFES! This video was recorded at the London School of Economics on 27 February 2016.
By Harris Irfan    1 year ago
The Future of Islamic Finance in Britain
Courtesy of the Islamic Finance and Ethics Society. This video was recorded at the London School of Economics on 27 February 2016.
By Harris Irfan    1 year ago
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By Harris Irfan    1 year ago
Why the Islamic Finance Industry is Failing to Evolve
Yangon, Myanmar - Islamic finance expanding into non-OIC countries. Image courtesy of Shutterstock. If anyone attended the recent Deloitte-IRTI/IDB workshop, I owe you an apology. I know, I was ranting. I’m slightly concerned it’s kind of my thing nowadays. I think the angry young man is still somewhere within, even if disguised by middle age. Is this what I a...