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Press Release: IMF Executive Board Adopts Decisions to Formally Recognize the Core Principles for Islamic Finance Regulation (CPIFR) for Banking

24 May, 2018      89

The Executive Board of the International Monetary Fund (IMF) today endorsed a proposal on the use of the Core Principles for Islamic Finance Regulation (CPIFR), which were developed by the...

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Muslims demand Islamic banking

24 May, 2018      106

Islamic banking principles prohibit interest paid on all loans of money and investment in businesses that provide goods or services considered contrary to Islamic principles. KAMAPALA - Members of the...

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Uzbekistan set to develop Islamic banking system

22 May, 2018      81

By Arno Maierbrugger/Gulf Times Correspondent /Bangkok   Uzbekistan is joining the rising number of Central Asian nations to develop a Shariah-compliant banking system given its large Muslim population and rising...

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Jordan Islamic Bank leading the way in sustainable finance

21 May, 2018      99

Some banks have been meeting high standards for many years. Established in 1978, Jordan Islamic Bank (JIB) is recognised to be a pioneer, both locally and globally, as a financial...

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University highlights importance of Islamic Finance education

19 May, 2018      91

WITH the rising importance of Islamic Finance in the global financial services industry, the University of Reading Malaysia is positioning itself to be a leader in the delivery of higher...

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Steadily growing Islamic finance sector at dev stage

18 May, 2018      101

Observer Report Islamabad The steadily growing Islamic finance sector is at a development stage at which it is about time to define and address the sector’s main future opportunities to...

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Key future opportunities for Islamic finance in focus

15 May, 2018      96

Farm workers thresh rice during a harvest in Bucheki village, Faisalabad district of Punjab province, Pakistan (file). Regarding agriculture finance, Islamic banks should address the needs of underbanked rural populations...

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Converging Islamic finance with green investment

14 May, 2018      91

Tan Sri Ranjit Ajit Singh and SC deputy chief executive Datuk Zainal Izlan Zainal Abidin (centre) with representatives from The World Bank and IOSCO   KUALA LUMPUR: The Securities Commission...

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Islamic finance body IFSB to develop financial inclusion guidance

02 May, 2018      141

(Reuters) - The Malaysia-based Islamic Financial Services Board (IFSB) said on Wednesday it will develop a technical note on financial inclusion, aiming to widen the reach of sharia-compliant banking to...

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After downturn, Islamic finance eyes profits, fintech: survey

02 May, 2018      161

(Reuters) - Islamic banks and insurers are focusing on profitability and new financial products as the industry shifts away from years of containing the adverse impact of low oil prices,...

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