The fifth in a series of short articles on Islamic finance describes the various types of Islamic financing available to micro and medium enterprises

Alberto Brugnoni is an international consultant in Islamic finance. His first Shariah compliant activities date back to the mid 80’s with the execution of pioneering Murabahah transactions and participatory investment schemes. Brugnoni has authored some of the most innovative projects on financial and social inclusions, all recognized as benchmarks in their respective fields. Brugnoni runs ASSAIF, a consultancy that represents a truly unique proposition in the Islamic finance landscape …

The fourth in a series of short articles on Islamic finance describes how to purchase the house using the diminishing musharakah, one of the techniques allowed by the Islamic finance

”Le rivolte nel mondo arabo rafforzeranno ulteriormente la finanza islamica nel mondo”. Lo sostiene Alberto Brugnoni, ex direttore di Merrill Linch Bank Italia e presidente dell’Associazione per lo sviluppo di strumenti alternativi e di innovazione finanziaria (Assaif), in un’intervista ad AKI-ADNKRONOS INTERNATIONAL. ”I Paesi toccati dalle rivolte hanno vissuto la divaricazione tra una grande capacita’ intellettuale e sistemi nazionali o tribali oppressivi che ne hanno limitato lo sviluppo – continua Brugnoni – ora potranno finalmente affermare l’indipendenza culturale del modello arabo” …

Islamic finance is a growing industry estimated to reach the 2 trillion dollars mark by 2012 and many countries around the world are tapping into this lucrative market including the Russian Federation. Russia is making progresses in enabling legislation to accommodate Islamic finance and banking into the country’s legal and regulatory framework and this article aims to explain the advancement of the Shariah compliant industry in this country and the Republic of Tatarstan. The Government of Tatarstan is strongly supporting and facilitating the development of the industry and is accommodating changes to equip the Republic with the tools and means…

The third in a series of short articles on Islamic finance describes how to purchase the house using the ijara-wa-iqtina’, one of the techniques allowed by the Islamic finance

Microfinance is the supply of banking or financial services to people who experience difficulties in accessing the banking system. These difficulties may relate either to a lack of guarantees or to cultural and religious issues. In the first case, people are unbankable because they are in want of means, collateral or even the simplest form of financial literacy: this situation is found in poor Muslim countries where much of the population lives below the poverty line. In the second case, they are unbankable because the conventional financial brokerage system contravenes precepts deemed to be compulsory …

The second in a series of short articles on Islamic finance describes how to purchase the house using the murabahah, one of the techniques allowed by the Islamic finance

Gli indici islamici sono costruiti applicando alle attività e agli indici finanziari delle società che compongono le loro controparti convenzionali, opportuni filtri che ne verificano la compatibilità ai principi sciariatici. Attraverso questo processo, le azioni considerate non conformi alla Shariah vengono escluse e gli indici possono così essere utilizzati dai gestori che vogliono applicare principi di investimento islamici …