Applied
Islamic financial sectors have developed into a global dimension, which is
highly dynamic and growing rapidly with utmost appreciated by all. There are
almost 300 Islamic financial institutions worldwide with assets estimated at
more then US$ 650 billions, financial investments above US$ 800 billions and a
growth rate estimated to be around 15 -18%
p.a.
Among the master players of Islamic finance in the contemporary world are
the Middle East, Malaysia , Iran , Indonesia ,
Brunei , Singapore , North America, Pakistan , Bangladesh ,
South-West Africa and the U.K.
The cliental of Islamic financial institutions are not confined to Muslim
countries but had spreaded over Europe, the U.S.A, South Asia, China, Japan, South East Asia,
Asia Pacific and the Far East .
Providers are not confined to local
institutions as global players increasingly playing major roles in the
industry today by aiming the global appreciation from all regardless of the
issue of one’s religion, color, culture or status.
It is widely accepted that
the adaptation of the Shari’ah
compliant financial paradigm is one of the fastest growing areas of the
international banking and finance in reality. The forecasts predict that there
will be significant growth in this sector over the next five to ten years.
However, this growth is dependent on successful risk management,
professionalism, product innovation, regulatory frameworks, marketing
strategies, research and discovery and customer satisfaction that all
professionals, regulators, practitioners, customers and participants of the
banking -financial industry must attend to.
All these can be achieved only
through the appropriate knowledge, information and effective execution.
Considering the
above phenomenon, Prof. Dr. Mohd. Ma’sum Billah with his humble brain child ideas and intellectual efforts has
established the blog: http://www.drmasumbillah.blogspot.com in view of contributing with the contemporary issues of Islamic Finance, Investment, Corporate, Industrial, & Halal Trade for the benefits of the global humanity with Divine universal spirit regardless of one's religion, race, genger, color, nationality or status.
The blog is a purely CHARITABLE (Waqf) resource centre for the global Ummatic
human capital development opportunity
by sharing the ideas / knowledge in the fields of applied Islamic Finance, Business, Halal Trade and other practical socio-economic and corporate issues EnSha ALLAH (swt).
No Political, Personal or otherwise agenda shall involve in any component or stage of this blog.
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