On this day, two great pioneers in Islamic Finance were born..
On this Day (2 November, 682): Umayyad Caliph Umar ibn ‘Abd al-Aziz was born in the city of Medina. His father, Abd al-Aziz ibn Marwan, belonged to the wealthy Umayyad clan, while his mother, Umm Asim bint Asim, was a granddaughter of Caliph Umar ibn al-Khattab. Further, On this Day (2 November ‘971’): Sultan Mahmud Ghaznavi […]