Estimates of assets of islamic financial services industryTariqullah Khan
In 2013 the size of Islamic finance assets are estimated to be $ 1.5 trillion to $ 2.1 trillion depending on 10% annual growth and 15% annual growth assumptions.
The 2012 Capital Markets Conference, organised by the QCB and the IMF in the Ritz Carlton Hotel Doha dated 18-19, September 2012
Reference - http://www.gsdp.gov.qa/portal/page/portal/gsdp_en/media_center/events_activities/capital_markets_conference_2012/Tab1/18Sep_Session04_TKhan.pdf
Financial architecture comprises of the globally acceptable core principles,best practice guidelines and standards that are need for the inclusiveness, effectiveness, resilience and sustainability of the financial system.
Estimates of assets of islamic financial services industryTariqullah Khan
In 2013 the size of Islamic finance assets are estimated to be $ 1.5 trillion to $ 2.1 trillion depending on 10% annual growth and 15% annual growth assumptions.
The 2012 Capital Markets Conference, organised by the QCB and the IMF in the Ritz Carlton Hotel Doha dated 18-19, September 2012
Reference - http://www.gsdp.gov.qa/portal/page/portal/gsdp_en/media_center/events_activities/capital_markets_conference_2012/Tab1/18Sep_Session04_TKhan.pdf
Financial architecture comprises of the globally acceptable core principles,best practice guidelines and standards that are need for the inclusiveness, effectiveness, resilience and sustainability of the financial system.
Financial infrastructure comprises of the resources, public policy support, protection, facilities and utilities that make the use of the financial architecture beneficial for developing an inclusive, dynamic and resilient financial system.
Sale buyback (bai' al I'na) and buy sale-back (tawaruq) are often confused and most independent Shariah councils/boards strongly recommend to avoid these rather fictitious legal tricks.
All the Islamic financial contracts that are dominantly in practice are actually based on promise not sale contracts and by its nature a promise is non-binding but due to prudential requirements it is treated as binding.
Islamic profit rate swap - exchange of the mark-up of a long dated fixed rate Murabahah contract with the LIBOR rate underlying a series of smaller Murabahahs corresponding to the date of installment payments on the fixed rate long dated contract.
Over the last 4 billion years known history of earth, nature has not wasted even one drop of water. We can learn from nature and try to establish zero-waste compassionate circular free market economies. Islamic finance must play a central role in such a transformation.
Science has learnt from natural laws tremendously; nature doesn't waste but economics is build around a paradigm of extract, produce, use and waste. A zero-waste circular economy paradigm will be consistent with natural laws and offers hopes for a sustainable world. We discuss the various aspects of this optimistic prospect.
Global Digital Sukuk (GDS) - A basic frameworkTariqullah Khan
GDS is a suggested digital Sukuk based on the idea of Bitcoin, but is proposed to be a registered and regulated digital(crypto)-asset as a perpetual Mudharabah issued on Public Blockchain by a credible SDGs oriented entity based on the entity’s overall balance sheet strength. The keywords are:
a. Digital(Crypto)-asset that is registered and regulated
b. On Public Blockchain
c. Perpetual Mudharabah Sukuk
d. Based on the overall balance sheet strength of the issuer
e. The issuer is a SDGs oriented business entity having track record of issuing Sukuk.
Financial infrastructure comprises of the resources, public policy support, protection, facilities and utilities that make the use of the financial architecture beneficial for developing an inclusive, dynamic and resilient financial system.
Sale buyback (bai' al I'na) and buy sale-back (tawaruq) are often confused and most independent Shariah councils/boards strongly recommend to avoid these rather fictitious legal tricks.
All the Islamic financial contracts that are dominantly in practice are actually based on promise not sale contracts and by its nature a promise is non-binding but due to prudential requirements it is treated as binding.
Islamic profit rate swap - exchange of the mark-up of a long dated fixed rate Murabahah contract with the LIBOR rate underlying a series of smaller Murabahahs corresponding to the date of installment payments on the fixed rate long dated contract.
Over the last 4 billion years known history of earth, nature has not wasted even one drop of water. We can learn from nature and try to establish zero-waste compassionate circular free market economies. Islamic finance must play a central role in such a transformation.
Science has learnt from natural laws tremendously; nature doesn't waste but economics is build around a paradigm of extract, produce, use and waste. A zero-waste circular economy paradigm will be consistent with natural laws and offers hopes for a sustainable world. We discuss the various aspects of this optimistic prospect.
Global Digital Sukuk (GDS) - A basic frameworkTariqullah Khan
GDS is a suggested digital Sukuk based on the idea of Bitcoin, but is proposed to be a registered and regulated digital(crypto)-asset as a perpetual Mudharabah issued on Public Blockchain by a credible SDGs oriented entity based on the entity’s overall balance sheet strength. The keywords are:
a. Digital(Crypto)-asset that is registered and regulated
b. On Public Blockchain
c. Perpetual Mudharabah Sukuk
d. Based on the overall balance sheet strength of the issuer
e. The issuer is a SDGs oriented business entity having track record of issuing Sukuk.
1. We welcome the PTI government in KPK and pray for its
success in building the KPK as a model Pakistan.
About.me/tariqullahkhan
In context of sustainable development of Chitral, I urge the PTI
government to focus on one single agenda: Reclamation of
land from the river and revival of the wasted river beds
(showtars) into cultivable land.
This can be done through a "5-year master-plan for control of
river and revival and rehabilitation of Showtars".
There are about 20 Showtars in Chitral that can double the
cultivable land in the valley if revived and rehabilitated.
RIVER MANAGEMENT – THE SINGLE MOST
IMPACTFUL POLICY TARGET FOR CHITRAL