News:

Services

Featured Services

 Add your event or product here

Islamic ETFs continue to make inroads

From Arabnews.com: Islamic exchange-traded funds (ETFs) continue to make slow but steady market penetration with the recent launch of a gold-based ETF, GoldPlus, launched in Istanbul by Kuveyt Turk Participation Bank, and the imminent launch by BNP Paribas Investment Partners of its second Islamic ETF, which will be listed on Bursa Malaysia. (more...)

Email Add Comments More stories about: Emerging Trends, Funds, Market Moves

Top

Flurry of consultations a sign of seriousness in emerging markets

From Arabnews.com: Another sign of the seriousness with which Asian countries are developing their Islamic finance regulatory and legal frameworks is the number of consultations currently taking place in new emerging markets for the facilitation of Islamic financial products, including Sukuk, Murabaha, Ijara and Istisna. (more...)

Email Add Comments More stories about: Compliance, Tax, Legal, Regulatory, Emerging Trends, Finance

Top

Islamic finance news needs to catch up

From Gulfnews.com: News is an important asset for capital markets and the finance industry, and in Islamic finance it is the sunlight needed to "disinfect" accusations of opaqueness. But today's Islamic finance "news" is often a mix of press releases, articles which repeatedly interview the same subjects, and old information. (more...)

Email Add Comments More stories about: Finance, Market Moves, Research

Top

Bank Negara says no fee for Wa'd currency hedging

From Arabnews.com: The Shariah Advisory Council (SAC) of Bank Negara Malaysia, the central bank, which is the apex Shariah authority for the Malaysian Islamic banking industry, has approved the application of Wa'd (a unilateral promise) in Forward Currency Transactions for hedging purposes and on the issue of Takaful (Islamic insurance) Benefits Payable From Participants' Risk Fund. (more...)

Email Add Comments More stories about: Banking, Compliance, Tax, Legal, Regulatory, Financial Instruments (Credit Cards, Debts, Loans, Mort

Top

Partnership announced by Islamic Bank of Britain and Legal and General

From Abna.ir: The news closely follows IBB's announcement of a £20million capital injection from founding shareholder, Qatar International Islamic Bank. (more...)

Email Add Comments More stories about: Banking, Market Moves

Top

India: Islamic banking not legally feasible

From Businessworld.in: The government today told the Kerala High Court that it is not legally feasible for banks in India or its branches abroad to undertake Islamic banking activities. (more...)

Email Add Comments More stories about: Banking, Compliance, Tax, Legal, Regulatory

Top

What we know about Islamic banking dissertations

From Dissertation-service.co.uk: You do not need to be of the Islamic monotheistic religion to write an Islamic banking dissertation. Writing a dissertation of this nature can be difficult but also extremely fulfilling. You can guarantee that the aspect of religion and faith will be used to govern this type of piece of writing. So, do your research and keep an open mind! (more...)

Email Add Comments More stories about: Banking, Research

Top

GCC banks lagging behind European peers in serving customers

From Arabnews.com: While the global financial crisis has forced commercial banks in other parts of the world to close expensive branches and look for ways to cut costs, the focus in the UAE and Saudi Arabia has been on finding ways to grow in a high-potential burgeoning market, according to experts. (more...)

Email Add Comments More stories about: Banking, Performance

Top

AhliBank begins Internet banking service

From Ameinfo.com: Oman's AhliBank has launched its internet banking service, Mye-bank, which customers will be able to access at any time at no extra cost.  (more...)

Email Add Comments More stories about: Banking, Market Moves, New Launches

Top

Islamic finance in Nigeria (Video)

From Abndigital.com: Nigeria is not only the most populated country in Africa but also represents the largest Muslim population on the continent with an estimated Muslim population of about 75 million people. It therefore seems like fertile ground for the practice of Islamic finance.  (more...)

Email Add Comments More stories about: Finance, People, Research

Top

Dana, Aldar debt rally signals Gulf market is reviving

From Gulf-times.com: Convertible Islamic debt sold by Dana Gas PJSC and Aldar Properties are headed for the best quarter in a year, a sign the Persian Gulf market is reviving. (more...)

Email Add Comments More stories about: Bonds (Sukuk), Finance, Performance

Top

Dubai World to repay interest, then loan installments

From Arabianbusiness.com: Dubai World will repay interest on loans to creditors and then the loans themselves in instalments, a government official was quoted as saying, after the state owned conglomerate reached a formal deal to restructure almost $25 billion of debt. (more...)

Email Add Comments More stories about: Finance, Market Moves

Top

Tax Bill aims to level playing fields for Muslims

From Timeslive.co.za: Discriminatory tax exemption laws against Islamic banking will soon be reversed, paving the way for a growth in the banking sector. That's what the national Treasury is hoping to achieve with amendments to the tax Bill, which is expected to be passed before the end of the year. (more...)

Email Add Comments More stories about: Compliance, Tax, Legal, Regulatory, Market Moves

Top

Africa Re Group launches Africa Retakaful

From Vanguardngr.com: African Reinsurance Corporation (Africa Re) has launched a new subsidiary called African Takaful Reinsurance Company (Africa Retakaful). The new company is a subsidiary of African Re to give the much needed back up to takaful insurance companies around the globe.  (more...)

Email Add Comments More stories about: Insurance (Takaful), New Launches

Top

Noor Takaful and Dubai Cares sign long-term agreement

From Khaleejtimes.com: Noor Takaful, the Islamic Insurance provider and subsidiary of Noor Investment Group LLC, has signed a Memorandum of Understanding with Dubai Cares, in support of the charitable organisation’s efforts in providing children in developing countries with access to quality primary education. (more...)

Email Add Comments More stories about: Insurance (Takaful), Market Moves

Top