Monday, March 25th, 2019

DSI Members Say…

When I was a doctoral student, one of my professors literally dragged me around DSI, which was in Boston that year, introducing me to everyone she knew!  I’ve never forgotten her selflessness and the acceptance I received. More...


Peggy Daniels Lee, Valued DSI Member

President’s Message

Manus (Johnny) Rungtusanatham

Dear Colleagues:

As with my past communiques, I will be brief in providing you with an update on all that has transpired since I last wrote to you in October 2018.

.… more

Member Info

Call for Papers OPEN for DSI 2019 Annual Conference November 23 - 25 in New Orleans, LA
Celebrating 50 years of service!

Blog

What is Islamic Finance and What Can It Do?

A well-established financial system plays a vital role in the growth and development of an economy. The Global Financial Crisis of 2008 raised serious concerns about the operations of the conventional financial system. Consequently, Islamic Finance emerged as an alternative— presenting itself as not only resilient enough to absorb shocks but also capable of providing fair and efficient ways of financial intermediation. Islamic finance represents a fundamental departure from conventional interest-based and speculative practices, as it relies completely on real economic transactions such as trade, investment based on profit-sharing, and other ways of conducting business. Unlike the conventional financial system where money is commonly considered a commodity, under Islamic finance the sole purpose of money is to measure the value of goods and commodities. One of the major differences between the conventional and Islamic financial systems is that the latter does not allow activities based on interest payments.

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Coming Events

2019

NEDSI Annual Conference - Philadelphia, PA
April 4 - 6, 2019

MWDSI Annual Conference - Indianapolis, IN
Postponed Until Further Notice

EDSI Annual Conference - Nottingham, UK
June 2 - 5, 2019

APDSI Annual Conference - Brisbane, Australia
July 15 - 18, 2019

DSI Annual Conference - New Orleans, LA
November 23 - 25, 2019