Islamic Finance and Ethics Society

Islamic Finance and Ethics Society "O ye who believe! Our website was launched in the summer of 2013.

The Islamic Finance and Ethics Society intends to investigate what solutions Islamic finance can provide to the social, economic and environmental issues that have been created by the conventional financial system. Eat not up your property among yourselves in vanities: But let there be amongst you Traffic and trade by mutual good-will: Nor kill (or destroy) yourselves: for verily Allah hath been t

o you Most Merciful! (Quran, 4:29)

The Prophet Muhammad (PBUH) said,

“Those are your brothers [workers under you] who are around you, Allah has placed them under you. So, if anyone of you has someone under him, he should feed him out of what he himself eats, clothe him like what he himself puts on, and let him not so much burden on him that he is not able to bear, [and if that be the case], then lend your help to him.” (Bukhari, No: 2359)

Who we are:

The Islamic Finance and Ethics Society (IFES) is currently a London wide consortium consisting of student societies that serves as a platform for students, academics and business leaders to discuss the current and future practices of the global financial system from an Islamic ethical framework. With the United States of America still pulling itself out of the Subprime Mortgage Crisis of 2007, the Eurozone Crisis having yet to be resolved and the environmental crisis worsening; the IFES seeks to understand what solutions Islamic Finance and Ethics could provide to these issues and the development of the “Emerging Markets”. We hold monthly lectures throughout the academic year based at universities across in London, UK.

20/11/2021

"Islamonomics" giveaway via Goodreads/

The author of 'Islamonomics' will be mailing ten autographed copies of "Islamonomics" globally with free shipping. If you are interested message the IFES with the following:

1. A screenshot of your Goodreads account
2. Your mailing address

Once you've read the book simply leave a review on Goodreads.

Thank you.

**Book launch**After 5 years of writing, re-writing, editing and corresponding with his publishing team in London, the F...
09/04/2021

**Book launch**

After 5 years of writing, re-writing, editing and corresponding with his publishing team in London, the Founding President of IFES is now releasing his book 'Islamonomics: Islamic Finance, Trade and the Global Muslim Market'.

You can purchase the book from Amazon UK by clicking the link below.

Reviews of the book:

"Islamonomics is a concise, fast-paced guide to Islamic finance from its origins to its new frontiers. Accurate, instructive, accessible." --Dr Benedikt Koehler, Economics of Religion Fellow at the Institute of Economic Affairs, London

"Islamonomics gives a whistle-stop tour of the history of the world through the lens of Islamic finance. Its focus on Asia is pertinent and important" --Dr Sajjad Khoshroo, Islamic Finance Practitioner, Counsel at Allen & Overy LLP, London

"In global efforts to secure sustainable business ethics, this Islamic voice offers an important contribution" --Dr Werner Menski, Emeritus Professor of South Asian Laws, SOAS, University of London

www.akhtarimo.com

Maximise your knowledge on key principles and themes underpinning Islamic Finance, Legal & Corporate Finance, Ethical & ...
27/01/2021

Maximise your knowledge on key principles and themes underpinning Islamic Finance, Legal & Corporate Finance, Ethical & Personal Finance on Thursday 28th January from 5-6.30pm. Some familiar faces too!

Sign up by emailing: [email protected]

26/11/2020

ISB and Campus welcome you to the second Masterclass of the new academic year!

Saturday 28th November 18:00-19:00

Capitalism is Broken: Does Islam Offer an Economic Solution?

With Harris Irfan

Author of the critically acclaimed ‘Heaven’s Bankers: Inside the Hidden World of Islamic Finance.’

Founder of Deutsche Bank’s Islamic finance team and formerly CEO of its Islamic subsidiary. He was subsequently appointed global head of Islamic finance at Barclays.

Harris was ranked in the UK Top 100 BAME Tech Leaders by the Financial Times. He holds a degree in Physics from the University of Oxford.

Join us to look at:
Capitalism today.
What does Islam say about a fair and just economic order?
Is money the root cause of all evil?
Are Islamic Banks really Islamic?
Is bitcoin Shari’a compliant?

Webinar Zoom ID: 873 9658 8041

Everyone is welcome!

The IFES Career Panel is back!Join us this Thursday evening to hear our accomplished panel provide insight into how to n...
09/11/2020

The IFES Career Panel is back!

Join us this Thursday evening to hear our accomplished panel provide insight into how to navigate the world of work as a Muslim, as well as the challenges and opportunities they encountered along the way!

Panelists include:
- Former CEO of Al-Rayan bank
- CEO and founder of Muzmatch
- Ex-head of Islamic Wealth Management at BAML
- CEO and founder of STRIVE

Date: Thursday 12th November
Time: 5.30-7pm

Join Zoom Meeting
https://us02web.zoom.us/j/77189008679?pwd=MVRCRFNaakEyc3dJTDZhWko0WDZIQT09

Check out the Masterclass for Muslims series from UoB ISoc- featuring some of the biggest names in Islamic Finance!
31/10/2020

Check out the Masterclass for Muslims series from UoB ISoc- featuring some of the biggest names in Islamic Finance!

Introducing Rizq, the UK’s first alternative Islamic digital banking application!! Muslim’s in Europe no longer have to ...
18/08/2020

Introducing Rizq, the UK’s first alternative Islamic digital banking application!!

Muslim’s in Europe no longer have to compromise on their belief and value systems, or on the level of service provided by existing Islamic banks as Rizq aims to provide a personal and seamless digital Islamic banking experience bettering the service provided by mainstream products.

Rizq’s mission is to develop a Sharia compliant digital lifestyle banking experience that is seamless, and includes a feature-set that connects to a Muslim’s core beliefs and values on a spiritual and everyday worldly level. With features like seamless giving, cash back and international money transfers, Rizq is poised to provide a world beating digital banking service to all Muslims.

Follow this link to get started with Rizq -

https://getrizq.onelink.me/togx/Yusuf

Listen to this great insight into how money and islam intersect, going back the time of the prophet pbuh. Kamal Ahmed (f...
04/08/2020

Listen to this great insight into how money and islam intersect, going back the time of the prophet pbuh. Kamal Ahmed (former BBC economics editor) explores how the Sharia provides an alternative to the current financial system and how market capitalism should be governed to create a much more stable system.

A great listen- circa 30 mins

Does a financial system with roots deep in the past have answers to modern economic woes?

Kestrl is due to launch their new wealth management app and debit card later on this year- sign up below to become a bet...
07/07/2020

Kestrl is due to launch their new wealth management app and debit card later on this year- sign up below to become a beta user of the new app!

https://forms.gle/Kz3PoSm6m9YktoNz7

The app will enable you to plug in existing bank accounts, view your finances in one place and receive recommendations on monthly budgeting and savings.

Please provide your details below in order to get early access to the beta user app. Please note your data will be stored and disposed of in accordance with GDPR. Please see our privacy policy here: https://kestrl.co.uk/docs/privacy-policy

New evidence is emerging that the lockdown has disproportionately impacted British Muslims financially, with many being ...
30/06/2020

New evidence is emerging that the lockdown has disproportionately impacted British Muslims financially, with many being furloughed or laid off entirely.

Kestrl is trying to counter this, through the release of its budgeting tool- it'd be really useful if you could fill out this short 2-minute survey:

Help us explore your budgeting/savings habits during lockdown!

Kestrl is a Fintech Startup providing an ethical and interest-free payment system and wealth management platform based i...
24/06/2020

Kestrl is a Fintech Startup providing an ethical and interest-free payment system and wealth management platform based in the UK.

They’re hosting a free webinar this Friday with Islamic Fintech Pioneers, Wahed Invest and Yielders, based around investing during lockdown.

Register using the link below to gain insight into the opportunities and risks that this poses!

https://forms.gle/mbKiWk1kfA4vD8eJ9

Address

Thornhaugh Street, Russell Square
London
WC1H0XG

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