Multi-Level Marketing (MLM): Is it an Ethical Game? – II

From our archives: IBF Review – Vol 1, No.16-17 September 2004 Pyramid or endless-chain distributor schemes ask people to make an investment and, in return, grant them a license to recruit others who, in turn, recruit still others into the scheme. In essence, the investor pays for the opportunity to receive compensation when his or…

Multi-Level Marketing (MLM): Is it an Ethical Game? – I

From our archives: IBF Review – Vol 1, No.16-17 September 2004 If you haven't been approached so far by someone from Amway or Gold Quest or Herbalife or Biznas, you have reasons to feel bad. This perhaps means that you still have a long way to go before you are perceived as someone with good…

Identifying Waqf Assets with Development Potential Using AI

Introducing Project Deliverance, I try to demonstrate here how public and private data sources that are commonly available can be used to create artificial intelligence for classification of awqaf assets in terms of their potential for development and address the twin challenges of preservation and development. The term “deliverance” implies the act of rescue or…

Contemporary Awqaf and SDGs – II

Waqf projects relating to economic empowerment of women (SDG5) have largely focused on decent work (SDG8). We may therefore, discuss them together. Projects have specifically focused on skill enhancement & assistance (SDG8.5 and SDG5), such as tailoring and dress making (YMA, Kenya and JCorp. Malaysia), mushroom cultivation (IWF in Indonesia), citronella and other cash crops…

Contemporary Awqaf and SDGs – I

In a recent blog I presented a framework for identifying action points for the awqaf sector to help achieve the sustainable development goals (SDGs). This was a component of our overall research agenda to examine the (mis)alignment between SDGs and Maqasid-Al-Shariah (MaS) and the role of Islamic social finance sector in general and awqaf sector…

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