Islamic Finance

How North America Could Benefit from Islamic Finance

by Mohamad Sawwaf|12 March 201912 March 2019|Islamic Finance

In the field of finance, some of the most popular concepts that have been around for many centuries revolve around the so-called "time value of money." For those unfamiliar, this is the notion that one dollar today is more valuable...

How Canada can Learn from the United Kingdom’s Islamic Finance Sector

by Mohamad Sawwaf|01 March 201912 March 2019|Islamic Finance

There is no reason why Canada cannot emulate the United Kingdom’s successes and create a North American hub for Islamic finance. The UK & Islamic Finance The United Kingdom introduced Islamic finances to the Western world 15 years ago. The...

The Case for Toronto Being the North American Hub for Islamic Finance

by Mohamad Sawwaf|01 February 201912 March 2019|Islamic Finance

When discussing the location of a North American hub for Islamic finance, it is difficult to match the value proposition that Toronto, Ontario, Canada, offers. In this post I will share insights into the case for a North American hub...

The Difference Between Islamic Finance & Conventional Finance

by Mohamad Sawwaf|01 January 201912 March 2019|Islamic Finance

Islamic finance is a financial system which operates in accordance with shariah or Islamic law. The primary difference between Islamic and conventional finance is the treatment of risk. Under Shariah law, finance is based on the principle of “profit and...

Why You Should Consider a Halal Mortgage

by Mohamad Sawwaf|01 December 201812 March 2019|Islamic Finance

What is a Halal Mortgage? Islamic mortgages have become increasingly prevalent in recent years with the Islamic finance sector growing approximately 15-25% per year. Islamic finance operates in accordance with shariah or Islamic law, which forbids the paying and receiving...

GCC’s Opportunity to Lead Canada’s Financial Disruption

by Mohamad Sawwaf|01 November 201812 March 2019|Islamic Finance

Canada accounts for close to 850 FinTechs of the 6000 that exist across the Americas. This ratio is quite high especially considering the fact that Canada’s GDP is a tenth of the country to the south of our border. These...

Islamic Finance

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