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Murabaha

The Case for Toronto Being the North American Hub for Islamic Finance
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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...
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The Difference Between Islamic Finance & Conventional Finance
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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...
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Why You Should Consider a Halal Mortgage
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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...
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Islamic Asset Management on the Rise in Canada
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A recent report from Pew Research Center called ‘The Future of The Global Muslim Population’ estimates that, by 2030, there will be about 2.7 million Muslims living in Canada, and they will make up approximately 6.6% of the population. Currently,...
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