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Reforming Economics and Finance in the Light of Abrahamic Principles

Reforming Finance and Economics in Light of the Abrahamic Principles

By Camille Paldi

 

Introduction

The modern day economic system is built upon and around interest-based lending, which allows one class of people to grow rich at the expense of the majority of the population. Interest has been prohibited in all Abrahamic religions for essentially the same reasons, which includes the well-being...

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Islam Explains Why Interest is Prohibited in the Bible and Torah

 

By Camille Paldi, CEO of FAAIF, camille@faaif.com

 

 

Lending money is not prohibited in the Bible. What is prohibited is charging abusively high interest. This is because high-interest loans tend to prey on the most under resourced people in society. God strongly rebukes usury because it oppresses the poor. The Bible also teaches us to be very cautious regarding borrowing money. This is bec...

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The Changing Face of Banking in Dubai

The Changing Face of Banking in Dubai

By Matthew Pendrey

Assistant Director at The Royal Bank of Scotland

 

Cast a glance at the Dubai skyline and look beyond the obvious glitz, glamour and grandeur, and far more subtle shift is occurring; a fundamental change in the banking system. 7,000km away from the domination of Citigroup and HSBC across the London horizon, Dubai's skyline is peppered wi...

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FAAIF Participates in World Islamic Funds Conference in Manama, Bahrain

 

The World Islamic Funds Conference was held in Bahrain on May 18-19, 2015.

 

FAAIF CEO, Camille Paldi, participates in the mega Islamic Funds event at the Gulf Hotel in Manama, Bahrain.  As of 2012, more than 750 Islamic Investment Funds have been established globally managing total assets of approximately USD$60 Billion.  Currently, a broad spectrum of asset classes are available including e...

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The 6th Global Islamic Marketing Conference (GIMAC) Concludes in Istanbul, Turkey

 

 

FAAIF CEO Camille Paldi discusses the definition and implications of Riba in Istanbul, Turkey.

 

FAAIF participates in the 6th Global Islamic Marketing Conference (GIMAC) sponsored by Qatar University, Erciyes University, and Istanbul University in Istanbul, Turkey.  FAAIF CEO Camille Paldi explained the concept of riba or interest and its implications and how finance without interest has ...

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Islamic Finance in the GCC

Currently, there are approximately 500 Islamic banks operating in 75 countries around the world.  Although Islamic finance began with projects such as Mit Gamyr in Egypt in 1963 and Tabung Hajj in Malaysia in 1967, the first Islamic bank, the Dubai Islamic Bank, which is one of the biggest Islamic banks in the world, was incorporated in 1975 in the UAE.   Soon after, Kuwait Finance House was estab...

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FAAIF to Produce Investor Visa Forum in Dubai, UAE

The Investor Visa Forum will take place in Dubai, UAE at the Novotel Hotel Deira City Centre on October 17-18, 2015.

 

FAAIF CEO, Camille Paldi, recognizing the high demand for investor visa and citizenship through investment services in Dubai and the UAE plans to produce the Investor Visa Forum in Dubai, UAE on October 17-18, 2015.  Secure your dual passport now!  The Forum will provide residen...

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FAAIF and Al Huda CIBE to Conduct Joint lslamic Finance Training Event in Milan, Italy

The time is now for Islamic finance and Europe.

 
Islamic finance is a business opportunity and financial solution and not necessarily a religious product.
— Muhammad Zubair Mughal

DUBAI, DUBAI, UAE, April 18, 2015 


Zubair Mughal, CEO of Al Huda CIBE and Camille Paldi, CEO of FAAIF, plan to conduct a joint Al Huda and FAAIF Islamic finance training event on June 19-20, 2015 in Milan, Italy....

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Articles

Camille Paldi (FAAIF) Participates in Sapporo 2016 International Congress on Banking, Economics, Finance, and Business, June 24-26, 2016.

Camille Paldi (FAAIF) Participates in Sapporo 2016 International Congress on Banking, Economics, Finance, and Business, June 24-26, 2016.

Camille Paldi (FAAIF) Participates in Sapporo 2016 International Congress on Banking, Economics, Finance, and Business, June 24-26, 2016.

 

Camille Paldi, CEO of the Franco-American Alliance for Islamic Finance (FAAIF), participated in the 2016 International Congress on...

Posted on 13th July 2016 by Camille Paldi

Camille Paldi, CEO of FAAIF, participates in the 2016 International Symposium on Economics and Social Sciences in Kyoto, Japan.

Camille Paldi, CEO of FAAIF, participates in the 2016 International Symposium on Economics and Social Sciences in Kyoto, Japan.

Camille Paldi, CEO of FAAIF, participates in the 2016 International Symposium on Economics and Social Sciences in Kyoto, Japan.

 

Camille Paldi, CEO of FAAIF or the Franco-American Alliance for Islamic Finance, discussed the modes of Islamic finance plus sukuk, taka...

Posted on 13th July 2016 by Camille Paldi

Challenges in Infrastructure Financing in Developing Countries: An Islamic Approach, Substituting Equity and Sukuks to Debt

Challenges in Infrastructure Financing in Developing Countries: An Islamic Approach, Substituting Equity and Sukuks to Debt

Challenges in Infrastructure Financing in Developing Countries: An Islamic Approach, Substituting Equity and Sukuks to Debt

 Posted on 1st July 2016 by Noureddine Krichene and Camille Paldi

Book Review for Asset Based Financing by Dr. Muhammad Hanif

Book Review for Asset Based Financing by Dr. Muhammad Hanif

Book Review for Asset Based Financing by Dr. Muhammad Hanif

 

Camille Paldi

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