Financial disaster struck the country the superpower United States. Several world-class giant banks that have mastered to various parts of the world fall. Starting from the bankruptcy of Lehman Brothers, the giant banks and giant financial company Bear Stearns. Moments earlier, the U.S. government was forced to take over the largest mortgage companies in America; Freddie Mac and Fannie Mae while Merrill Lynch had not much different conditions to be acquired by Bank of America. Finally the largest insurance company AIG (American International Group) shows the same critical phenomenon.

The development and progress of Islamic financial practices are fantastic, has changed the map of thought and the world's financial practices significantly. Although born in 1975 (refer to the establishment of the Islamic Development Bank / IDB in Jeddah), discourse and practice of Islamic finance has penetrated both developed and developing countries on five continents. In fact, before the IDB stands, the format of Islamic economics and finance are blurred.

On May 18, 1998, public prosecutors from 20 states, the District of Columbia and the United States Department of Justice, demanding Microsoft Corp. for allegedly violating anti-trust regulations. The Justice Department claims Microsoft is not fair to force consumers to use software products, especially Internet Explorer Web browser through the Windows operating system, which has prevented the occurrence of healthy competition. The U.S. government has accused Microsoft of monopolistic practices have been done.

scientific yes, history yes, including work in the economic field. Even a person can be considered defected from the teachings of God when in conflict with, and the death penalty would be given to him. Told In the dark ages, the western world experienced a setback in the field of science.

The global financial crisis that hit the international world in recent months has given an indication of how fragile the global financial system that relies only to the financial markets in several international markets. Capitalist system which has become the locomotive for world economic movement failed to create a valued new world economic order that is more just, balanced, and capable of providing welfare for the inhabitants of the earth.

Investment Dar, an investment company based in Kuwait, half owner of Aston Martin Lagonda shares, is the first company failed to meet its obligations for 100 million dollars for the issuance of sukuk. It is the duty value of the periodic sukuknya which will mature in 2010. Nakheel, the owner megaproyek man-made islands shaped palm tree, is also expected sukuknya forced to restructure 3.5 billion worth of U.S. dollars which will be due in December.

Money which is running an economy lubricants are always a hot topic for discussion. Like an engine without oil, the economy also will not work without the money. However, many of us who only understand the meaning of money in the context of its form as paper money and coins. In fact, the definition of money is anything that can be accepted as a means of payment for goods and services in an economic system. In fact, in ancient times people used stone, animal skins, salt, and shells as money. At the time of the Prophet (SAW), gold coins (dinars), which comes from the Roman and silver coins (dirhams), which comes from the Persian are the two precious metals are regarded as currency. In the current era, paper money (fiat money) has become a common means of payment used in all countries in the world.

In recent days, exactly on the date of 1 sd March 4, 2009, Indonesia hosted the World Islamic Economic Forum (WIEF) to-5. WIEF usually attended by hundreds of participants from various countries to discuss economic and Islamic finance, with a scientific approach and empirical-practical. The last meeting was held last year in Kuwait.

Although the practices of Islamic economics and finance including Islamic banking in the country have shown significant progress in recent years, but challenges to future development will obviously not always easy. Therefore, the various supporting elements should continue to be optimized to help accelerate progress in the Islamic economic future.