Author name: Abdulmajeed M. Raji

Abdulmajeed M. Raji

Could a Unified Muslim World Transform Islamic Finance into a Dominant Global Force?

As the global economy undergoes a fundamental transition, the United States’ long-held supremacy as the world’s economic powerhouse is visibly crumbling. With rising debts, internal political tensions, and emerging global competitors, America is losing her footing as as the global leader. The kind of financial and economic control she has held for decades appears to […]

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Maqasid and Sustainability – Partners in Progress or Worlds Apart?

In the intricate weave of global finance, there lies a powerful crossroads where the ancient wisdom of Maqasid al-Shariah and the modern call for sustainability converge. Both frameworks—one rooted in centuries of Islamic jurisprudence and the other born from pressing environmental and social concerns—share a common goal: the well-being of humanity. But are they truly

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Revolutionizing the Islamic Finance: The limitations of AI on issuing Fatwas

Artificial intelligence (AI) has made strides in several industries, including education and finance, in recent times. The integration of AI in the Financial sector has brought about advancements in terms of efficiency, accuracy, and speed. Within the realm of Islamic finance, which is guided by Sharia principles and pristine ethical considerations, AI has the potential

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Introduction to Rethinking the Distribution of Zakat

Across the seven seas, communication has become instantaneous. Transcontinental travel time has been shortened from months to hours, if not minutes, and the world has become a global community. However, worldwide poverty, a blemish on the civilized world of the twenty-first century and its people, continues to be a key challenge for humanity, particularly, in

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