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  1. ICE
  2. Articles with tag "islamic finance"

Tag: islamic finance

Islamic Council: Zakat Policy

In this document The Islamic Council is presenting a set of principles, practices, and procedures that a charity organisation will need to follow and adhere to in the collection, allocation and distribution of Zakāh funds. Due to the diversity of Zakāh donors, the multiple locations a charity organisation may operate projects in, and the modern nature of finance and poverty, this policy is designed to be as encompassing and accommodating as possible from a Muslim legal perspective. This policy seeks to adopt scholarly positions that would be readily accepted by the majority of Islamic scholarship in most scenarios and circumstances.

10 Ways to Manage the Current Inflation Crisis – an Islamic Perspective

By ICE – Islamic Finance Advisory and Consultancy: Shaykh Dr Sajid Umar, Umer Suleman and Zain Mahmood This time last year four pints of Tesco Whole Milk cost £1.09; today the price has risen to £1.15, representing a 5.5% price increase for one of our daily essentials. Tesco Fusilli Pasta likewise cost £1 and is … Continued

Community Guidance: Muḍārabah Partnerships (Ref: 40001)

by ICE – Islamic Finance Advisory and Consultancy الحمد لله والصلاة والسلام على رسول الله وعلى آله وصحبه ومن تبعهم بإحسان إلى يوم الدين All praise belongs to Allāh and may Allāh’s peace and blessings be upon His messenger, his family, companions and followers until the last day. Standing members of the committee: Shaykh Dr … Continued

HalalCheck – Shari’ah Compliance Certification

We are pleased to announce that the Islamic Council of Europe have issued HalalCheck with Shari’ah Compliance certification for their product: Halal Community as it conforms with the principles of Shari’ah.