Well, selected superficial Islamic banking products that continue to use legal devices to potray it as Islamic will possibly face worst than the physical tsunami one fine day, Wallahualam.
Wednesday, December 30, 2009
Tuesday, December 29, 2009
Monday, December 28, 2009
Sunday, December 27, 2009
Saturday, December 26, 2009
In conjunction with Awal Muharram 1431 Hijrah, let us start to Hijrah from 'Legal Device Islamic Banking Products' to True Islamic Banking Products. Salam Maal Hijrah 1431 Hijrah.
Please do not celebrate the coming new year of 2010 as each and every months are name after the Romanian God.Wallahualam.
Friday, December 25, 2009
No more able to offer excuses for whatever sins that one has committed, no longer able to use Darurah (necessity) to justify
the legal device used to justify and endorse so called certain Islamic Financial Products. Thus couldnt understand why selected Shariah Advisors originating from Malaysia are too bold in their ruling in the name of innovation and protecting the shareholder plus return on investments. Few others in Malaysia will simply follow like kettle and repeat everything like parrot without bordering to check from globally recognized prominent scholars. Wallahualam.
Thursday, December 24, 2009
Tuesday, December 22, 2009
Monday, December 21, 2009
Sunday, December 20, 2009
Those were the days where old kampung houses were build collectively by the villagers with minimum cash involved, how nice it was to be enjoying Keroncong while its rains as shown here in the black and white P Ramlee movie of Antara Dua Darjat. But now......now things has changed...in Malaysia Bai Bithaman Ajil that is supposedly to be a buy and sell contract, in substance is a loan document despite what the court of appeal has said. Analyse the document that even an idiot will be able to tell you that it is a loan document. Wallahualam
April 6 2010 Tuesday Zurich Switzerland
April 13 2010 Tuesday London UK
April 20 2010 Tuesday Makkah Al Mukkarammah Saudi Arabia ( In English/Arabic)
Well it is high time for one to listen to the other side of the coin in order to arrive at a better conclusion.
Promising you to be a worthwhile Islamic Banking & Finance seminar series that you have ever attended in your whole life, InsyaAllah.
To register, e mail: firstname.lastname@example.org
CASE STUDY SEMINAR SERIES 1431 HIJRAH/ 2010 ON BAI BITHAMAN AJIL COURT OF APPEAL CASE OF BIMB VS GHAZALI & OTHERS
26/8/ 2009. The same series will be held at various venue in Malaysia. In addition to the case study, those banking customers that have problems with Bai Bithaman Ajil products are also welcome to register and highlight their problem to be discussed openly during the seminar. Selected unreported litigation cases on BBA will also be highlighted.
26/1/2010 Tuesday Kuala Lumpur Malaysia
2/2/2010 Tuesday Georgetown Penang Malaysia
9/2/2010 Tuesday Labuan Malaysia
16/2/2010 Tuesday Kota Bharu, Kelantan Malaysia
To register, please e-mail for further info:- email@example.com
Salam Maal Hijrah 1431 H, Let us look forward for more progress in Islamic Banking & Finance Globally, InsyaAllah.
Friday, December 18, 2009
Wednesday, December 16, 2009
In search of Halal Rezeki, no syubhah it is better to sell papadom with nasi kandar rather than taking the high risk of selling the religion by issuing various ruling on Muamalah by becoming so called Shariah Advisors. Wallahualam.
Monday, December 14, 2009
Sunday, December 13, 2009
Malaysian James Bond aka Mat Bond To Investigate Abuse of Label Islamic to Selected Islamic Banking Products
Perhaps we should employ Mat Bond to look and examine selected self interest local Shariah Advisors that hold their position in direct conflict of interest with their personal business interest etc. Enjoy this short old malay movie opening clip ...anyway, Mat Sentul as Mat Bond.
Dubai will ultimately be save by Abu Dhabi on strict terms.
Yesterday (saturday, 12/12/09 , at Menara Integriti Kuala Lumpur Malaysia at Young Corporate Malaysian Summit 2009 the Deputy CEO of CIMB Bhd told all participants that when he is in Dubai, he is not sure whether he is in Middle East or Las Vegas.
Anyway, let everybody continue to analyse the Dubai Financial Crisis and let us enjoy for a moment the Kelantese Dikir Barat Song entitled 'Ayam Serama' that originally came from Minang song "Ayam Den Lapeh'. Enjoy.......
Thursday, December 10, 2009
Monday, December 7, 2009
Thursday, December 3, 2009
This scene of Seniman Bujang Lapok from the brilliant P Ramlee is about Sudin trying to give a useful advice on how to reduce the motorcyle noise.
By analogy, look at what selected few Shariah Advisor did--they too tried to give what they thought useful advice even though most of the well established international foreign scholars rejected most of their advice--what matters to these selected local Shariah Advisors is that Malaysia continue to be receptive of whatever advice that they may give--as , as always this is Islamic Banking ala Malaysia, I suppose.
Watch the movie carefully a very short clip but very thought provoking by the late Allahyarham Tan Sri P Ramlee.
Tuesday, December 1, 2009
These musicians are at their best when rendering the evergreen old russian song 'dark eyes' that Razak Rahman won the Malaysian Bakat TV in 1971 black and white Malaysian TV back then.
But at least these musicians didnt behave as few of local Shariah Advisors permitting derivatives when even Warren Buffet said that it is a financial weapon of mass destruction.
Well, these crazy advisors plan to launch the so called Islamic derivatives in Bahrain this month coz according to these Shariah Expert there are good derivatives and bad derivatives.
Anyway, let us enjoy dark eyes at the moment......