Profiteering has never been the Islamic way of doing business and Islam strongly condemns all forms of exploitation and domination that can lead to social injustices.
Kuwait Finance House (Malaysia) Bhd (KFHMB), the country's first foreign Islamic bank, has launched an interest free loan scheme for single mothers to start businesses in Kelantan.
The best way to overcome unemployment in the Muslim world is in the application of Islamic economics and Zakat, where it should be added to the school curricula and set as a cornerstone of daily business activity.
Here's something we've long suspected but too confused to ask. Nahdatul Ulama, Indonesia's largest traditionist Sunni group and the world's largest independent Islamic organisation today declared that all shariah transactions in Islami banks in Indonesia are not always as Halal as they are claimed to be.