Islamic banking in Nigeria is still at its infant stage and surrounded by a lot of challenges and set bank. It is important to note that despite the huge number of Muslims population in the country, little progress has been made in ensuring its full take off and operationalization. The paper there examines the challenges...Read More

The main objective of this study is to explore the Islamic Microfinance Instrumentsin achieving the Sustainable DevelopmentGoals (SDGs) in Bangladesh. The methodology of this study is based on secondary data includingexisting relevant literature, andannual reportsof different financial institutions. The findings of this study show that Islamic microfinance institutions have a broader scope to attainSDGs through...Read More

Islamic insurance companies can provide efficient takaful services to the nation if they had the opportunity to work as a sole system in an economy. But in Bangladesh, Insurance companies are operating their activities under the dual framework both of conventional and Islamic framework monitored by the Insurance Development and Regulatory Authority (IDRA). Source: International...Read More

Purpose:Althoughthe treasury bill is the essential monetary instrument in central bankingoperations, its application in Islamic banking is not legitimate because it involves usury. This implies that the system cannot apply monetary and fiscal policies. To remove this obstacle “Interest-Free Treasury Bond” (IFTB) is introduced as a substitute for conventional treasury bills.Design:IFTB is a valuable paper...Read More