| Author | Topic |
seyaw
ETHIOPIA
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 Topic initiated on Sunday, October 23, 2005 - 5:54 AM 
is QuestNet Haram or Halal
Asselamualeykum brothers and sisters in Islam
I have one question. I Think u know about QuestNet. It is highly spreaded in Ethiopia Curruntly. One persone Told me that it is Haram. Can you send me a complete answer about it with Evidences. Most Muslims are Joining it. The web Site of QuestNet is www.Quest.net
Jezakkallah |
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EnslavedSpirit
PAKISTAN
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Posted - Tuesday, November 1, 2005 - 3:34 PM 
Walaikum Assalam Wr Wb!
Dear Brother,
The nature of said business is not explained in your question, i tried to check from the website also but it contains mostly the product information only, as we know very well that business cannot be termed as "Haram" from the tenets of Islam unless clearly declared, it is sometimes the "Nature" and the "Type" of business that makes it Islamically Haram, Before giving any comments or opinion it would be better for you to first explain the nature of this business then hopefuly it could be understood and be commented. Nevertheless i being just a common muslim and not technically qualified in the field of religion would not like to give my opinion in this regard, you are requested to please put FWD your query at: query@studying-islam.org
the scholars @studying-islam will help you finding your answer.
Salaamun alaikum ! |
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hkhan
UNITED KINGDOM
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Posted - Tuesday, October 16, 2007 - 1:02 PM
From Brian Kettle-one of our senior member of Finance Community at SI-has now his own teaching biz in the subject of islamic finances and thankfully keeps us updated as follows:
Islamic Bonds (Sukuk) course taught at your institution
Course Tutor
Brian Kettell M.Sc. (Econ)
Announcing an intensive 2/3 day workshop covering the most important
elements of Islamic bonds (Sukuk) - to be taught in -house.
The Sukuk industry has experienced a phenomenal growth over the last
5 years. From practically being non-existent a decade ago the
industry is now worth over $100 billion. There is over $800 billion
of reserves that needs to be invested in accordance with Shariah
principles and the Sukuk market has been reaping the benefit of this
liquidity. The variety and scale of the projects that can be financed
utilizing this model has ensured its continued buoyancy.
This increasingly popular mode of finance has now crossed over beyond
the boundaries of Islamic Jurisdictions. In 2004 the German State of
Saxony issued a Sukuk in order to attract finance from the Middle
East to the region and the first U.S. Sukuk has recently been issued
for the financing of the East Cameron Gas Field. Furthermore with the
Japan launching their own Sukuk this year and the changes in taxation
laws in the U.K. to encourage Sukuk issuance, this mode of finance is
set to become a global phenomena.
Indeed the runaway success of Sukuk and its asset-backed nature have
established a completely new asset class which has combined Sharia
compliance with returns competitive with that of their conventional
counterparts.
Sukuk provide a relatively easy way for western companies to tap into
Islamic finance pools as well as allowing Middle Eastern governments
and corporates to attract western finance.
The development of the Islamic finance industry has been staggering
and the Sukuk instrument has found immense appetite within
non-Islamic financial jurisdictions .
Course Description
This course examines some of the key elements involved in the
evolution of Sukuk and the securitization of Islamic capital markets.
The topics covered include the following:
Principles of securitisation, conventional and Islamic
The Sharia requirements for securitisation
AAOIFI Sukuk standards
Rating Sukuk
Sukuk Structure
* Evolution & Definition
* Essential difference between conventional Bonds & Sukuk
* Essential difference between conventional Securitized Bonds & Sukuk
* Risk Factors
Types of Sukuk
* Ijara Sukuk
* Mudaraba Sukuk
* Istisna Sukuk
* Musharaka Sukuk
* Salam Sukuk
* Murabaha Sukuk
Case Studies
Dubai Ports World Convertible Musharaka Sukuk
Nakheel Convertible Ijara Sukuk
Khazanaha Exchangeable Sukuk
Workshop Facilitator
Brian Kettell has recently returned from working in Bahrain as an
Adviser to the Bahrain Monetary Agency (now the Central Bank of
Bahrain). His work involved him in pioneering many of Bahrain's
recent innovations in Islamic banking. Whilst working at the BMA he
wrote 'Islamic Banking and Finance in the Kingdom of Bahrain'.
Prior to working at the BMA his banking background was acquired
whilst working for the Arab Banking Corporation, also in Bahrain. He
gained his earlier experience of financial markets whilst working for
Citibank, American Express and Shearson Lehman.
Brian graduated with an M.Sc. Econ from the London School of
Economics. He has published over 100 articles in journals, business
magazines and the financial press with articles in Islamic Business
and Finance, The Islamic Banker, The Central Banking Journal,
Euromoney, The Banker, The Securities Journal and the International
Currency Review.
Brian has published 13 books on banking and financial markets,
including "Islamic Sukuk: A definitive Guide to Islamic Structured
Finance". He is the author of over 80 case studies, including twenty
which relate to recent developments in Islamic Banking.
STOP PRESS
Brian has recently delivered a Sukuk training course for the UK
Treasury Debt and Reserves Management Team. This team has been
charged with developing the principles to be applied for the UK
Government to become a sovereign Issuer of Sukuk.
Islamic Banking Publications Series
With effect from the end of Ramadan I am launching a new series of
Islamic Banking Publications. These will cover Executive briefings,
Case studies, Sukuk updates, Sharia'a rulings and much, much more.
Please keep an eye on my website
<http://www.islamicbankingcourses.com/>www.islamicbankingcourses.com
if these are of interest to you.
Alternatively you can email me on
brian.kettell@islamicbankingcourses.com
and I will send you regular updates.
Brian Kettell M.Sc. (Econ)
Tel 44 207 435 4487
www.islamicbankingcourses.com
Skype Brianke8555 |
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