IBF Net has launched Netverse, the world’s first metaverse on the Algorand blockchain, which is also the world’s first Shariah-compliant metaverse on any blockchain. Netverse is expected to be a major contributor to the digitalization move in the Islamic world. Opportunities Galore The digital economy today is estimated to be…

Scroll down for the Bahasa Indonesia version. Your IBF Net Group organized a webinar on January 12, 2023 on Halal Ecosystem in Metaverse in partnership with top Indonesian NGO, Dompet Dhuafa Republika and the Islamic Economics Students’ Association of the Universitas Islam Negeri Jakarta and Syarif Hidayatullah Islamic University. …

By Dr Hisham Dafterdar, CPA, PhD. Chairman, Awkaf Australia Scroll down for the Bahasa Indonesia version The waqf is the Islamic hallmark of social development, providing local solutions to local problems. The waqf system aims to reach an active and productive society by providing financial and non-financial support especially where…

Scroll down for Bahasa Indonesia Version In a strategic move, the IBF Net Group has set up a Center of Excellence (CoE) in Indonesia to cater to the human resource needs of a halal ecosystem. Branded as “Netversity” this institution would be the destination for members of IBF Net: the…

By Dr Hisham Dafterdar, CPA, PhD. Chairman, Awkaf Australia Scroll down for the Bahasa Indonesia version. The institution of waqf is a feature of the socio-economic makeup of the Muslim society and one of the most effective mechanisms of its unity. Awqaf contributed effectively in creating a holistic system for…

Scroll down for the Bahasa Indonesia version In the paper titled “Leveraging Philanthropy: Monetary Waqf for Microfinance” Dr Muhammad Anas Zarka comes up with some interesting and innovative suggestions for designing an Islamic microfinance institution. Some of the key points he underlined in the initial pages of his paper include: …

Lessons from International Experiments — Scroll down for Bahasa Indonesia Version Global interest in CBDCs has steadily increased in recent times. Recent reports suggest that as many as 100-plus countries, are currently exploring a CBDC, up from just 35 countries two years back. How many of them like Indonesia are actively developing a national CBDC…

I met with Dr Hisham Dafterdar during a visit to South Africa in 2013. Both of us were in SA as speakers at a capacity building program organized by Awqaf SA. I was deeply impressed by the depth and breadth of his knowledge of the subject as I listened to…

Scroll down for Bahasa Indonesia Version A brand is not just the visible elements such as a logo, a trademark or a tune that identifies and distinguishes a product or service from others. A brand is also the impressions it generates, the benefits it offers, and the loyalty it creates…