Islamic Finance

Dr. Mohd Daud Bakar on the so-called “Window Shopping of Fatwa”

It has been widely publicized and discussed in many platforms, as well as in the media, that Shariah scholars are open and vulnerable to window-shopping of fatwa. In brief, window shopping of fatwa means that scholars are open to give the fatwa based on the best offer of the client. On the other side of …

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Dr Mohd Daud Bakar on his book “Shariah Minds in Islamic Finance”

I would like to believe that my book on the Shariah Minds in Islamic Finance is the first ever book written by a scholar, about the way the Shariah scholars have been thinking and putting their thoughts together in dealing with the Islamic financial industry. With regards to the products, the endorsement, the audit, compliance, …

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