7

Islamic Finance

Islamic finance is currently growing at a rate of 10-15% per year. It has been suggested that Islamic finance is as common now in the UK as conventional finance and soon it may be as American as apple pie.  What is Islamic finance?  Islamic finance is based on modes of finance, which pre-date Islam, however, this special type of finance is guided by the Shari'ah, which is derived from the Qu'ran and Sunnah as well as Risalah, which includes the teachings of all of God's prophets. FAAIF also provides assistance to law firms wishing to set up Islamic finance departments and establishes Islamic windows for institutional clients and conventional banks.  In addition, FAAIF offers Islamic finance training to the wider professional arena.  FAAIF produces The Islamic Finance Daily on a daily basis and operates, http://ilovetheuae.com, a free Islamic finance search engine on the web.

 

 

 

Camille Paldi is a highly educated and exemplary US citizen and has qualified as a lawyer in four countries including the UK in addition to earning seven university degrees including an MA in Islamic finance from Durham University in the UK in 2014. Camille Paldi is the only US citizen to graduate from the Durham University Islamic Finance Program as well as receive training in Islamic finance and Shari’ah in the UAE, Bahrain, Qatar, Pakistan, and Malaysia.