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Islamic Bank of Afghanistan signs MoU with DMCC

10 June, 2018      77

The collaboration will enable the Islamic Bank of Afghanistan to carry out Shari'ah-compliant Murabahah transactions using Dubai Multi Commodities Centre’s (DMCC) platform to take multi-currency trades from across the globe....

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DMCC powers Islamic Bank of Afghanistan with Sharia-compliant Murabaha transaction capability

09 June, 2018      95

Dubai: DMCC has welcomed the Islamic Bank of Afghanistan as the newest member of its DMCC Tradeflow platform, a dedicated online platform for registering possession and ownership of commodities stored...

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Press Release: The IFSB Launches the Sixth Edition of its Flagship Islamic Financial Services Industry Stability Report 2018

08 June, 2018      186

Kuala Lumpur - The Islamic Financial Services Board (IFSB) has released today the sixth edition of its annual Islamic Financial Services Industry Stability Report. The 2018 Report highlights key developments...

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IRTI to support Guyana in promoting Islamic finance

06 June, 2018      101

JEDDAH – The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group will continue to provide support towards promoting awareness on Islamic finance in Guyana. Director...

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Alizz Islamic Bank promotes Omanis

05 June, 2018      58

Muscat: Reaffirming its position of developing local talent in the banking sector, Alizz Islamic Bank’s human resources division has announced the promotion of several of its employees to senior management...

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Islamic finance can fund infrastructure shortfall

05 June, 2018      103

The boss of an Islamically compliant superannuation fund has hit out at lack of infrastructure investment as "intergenerational theft", calling on the federal government to tap the growing market for...

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Game-changer for global Islamic finance

05 June, 2018      110

AS a contemporary movement, the global Islamic finance industry is merely 43 years old. After four decades it continues to grow and evolve in size and complexity, with assets under...

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UAE research center to help promote Islamic finance in Azerbaijan

02 June, 2018      59

The AlHuda Center of Islamic Banking and Economics will help Azerbaijan improve literacy in Islamic financial services and promote other services, the Center told Trend. The Al Huda Center has...

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Parliamentary forum on Islamic banking wants regulations amended

31 May, 2018      64

Kampala. Former Finance minister Syda Bumba has asked government to amend the Islamic Banking and Finance Regulations to realign them to the sector needs and new innovations. Speaking at a...

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Islamic finance should keep an eye on the ‘petro yuan’

29 May, 2018      97

China’s recent introduction of yuan-denominated oil futures and the country’s planned move to pay for imported oil in its own currency, yuan, or renminbi, instead of US dollars – replacing...

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