Zakat is an important pillar of Islam. It is an obligatory charity for eligible Muslims. Shariah prescribes fairly clear rules on who are liable to pay Zakat and who can benefi t from it. Apart from its religious obligation aspect, the objective of Zakat has more to...
By Farouk Abdullah Alwyni In an eff ort to further strengthen the growth of Indonesia’s Islamic fi nance industry, a state-owned Indonesian credit guarantee company has recently spun off its Shariah division. The company, known in its Indonesian acronym as Perum...
By Farouk Abdullah Alwyni In order to support further the growth of the Islamic banking industry in the country, Bank Indonesia (BI), the country’s central bank, recently issued a regulation No. 16/12/PBI/2014 related to Shariah monetary operations in foreign...
Rakyat Indonesia baru saja merayakan kemerdekaan negara ke-69 dengan penuh gegap gempita. Ekspresi kemerdekaan ini mewujud pada pesta rakyat yang setiap tahun tidak berubah. Tentunya sebuah pesta yang disesuaikan dengan kemampuan mereka. Rakyat dari kelas berkecukupan...
Eksistensi Lembaga Keuangan Syariah (LKS) terkait erat dengan inovasi produk yang ditawarkan. Oleh sebab itu, untuk mendukung perkembangan keuangan syariah, dibutuhkan reformasi regulasi dan aturan yang intinya menciptakan iklim kondusif bagi perkembangan keuangan...
