US
Upgrading knowledge, skills of current banking professionals a paramount concern
Such financing creates financial instruments that address social issues, promote equitable society
Estimate shows zakat worth Rs2,743b, or 4% of GDP, can be collected annually
Supporters call for more customised benchmark aligning with unique requirements and values
ETFs offer mechanism to invest in portfolio of Sukuk of different maturities and rates
Liquidity available with investors can be used for benefit of economy
Sukuk will highlight role in environmental protection, solve economic problems
Such fund when invested in Shariah-compliant businesses will pay huge economic dividends
Impact of activities, revenues earned during Hajj and Qurbani can be well over $230b
A cost-effective financing tool amid restrictions on conventional options