Basel III standards are probed
Bahrain-based General Council for Islamic Banks and Financial Institutions, a global umbrella organisation for Islamic financial institutions, held an in-focus…
Islamic Finance
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Dubai Islamic Economy Development Centre Launches 'State of the Global Islamic Economy Report' and 'Global Islamic Economy Indicator 2014/2015'
Dubai Islamic Economy Development Centre (DIEDC), in partnership with Thomson Reuters , the world's leading provider of intelligent information for businesses and professionals,…
Double-digit growth boosts Islamic economy
These are heady days for the Islamic economy – from Tayyab foods to sukuk issuance, halal industries are experiencing double-digit…
Khartoum Conference Seeks to Fast-Track the Accessibility of Islamic Finance in Africa
H.E. Hassabo Mohamed Abdul-Rahman, Vice President of the Republic of Sudan to deliver keynote address at International Forum on Islamic…
KFH Launches Al-Nuwair Investment Deposit
Kuwait Finance House (KFH) launched Al-Nuwair investment deposit that promises clients with expected profit rates as per sharia, Islamic Wakala…
Islamic consumer spending to exceed $3.7 trillion in 2019
Global spending of Muslim consumers on food and lifestyle sectors grew 9.5 per cent last year according to the State…
Turkey’s State-Run Halkbank Applies to Start Islamic Bank Unit
Turkey’s largest publicly listed state lender applied for permission to start an Islamic banking affiliate, as the government pushes to…
Shaikh Esam wins top WIBC award
The "World Islamic Banking Conference 2014 Industry Leadership Award" has been bestowed on renowned Sharia scholar Shaikh Esam Ishaq. …
Sukuk for vaccine fund ushers Islamic finance into ethical sphere
The latest entrant into Islamic finance is leading the industry in the new direction of socially responsible investment - which…
Bahrain to develop central shariah board for Islamic banks
Bahrain's central bank is setting up a central sharia board to help oversee Islamic finance products in the kingdom and…
Saudi Arabia and Malaysia: Key driving markets for Islamic banking
Islamic banking assets with commercial banks in international markets are set to exceed $778 billion in 2014, according to EY’s…
ICD receives Best Private Sector Award on development fund
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank…