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BNM to measure VBI adoption in Islamic FIs

24 August, 2017      146

KUALA LUMPUR: Bank Negara Malaysia is in the midst of developing a scorecard with Islamic banking players that will measure the adoption of value-based intermediation (VBI) initiative.   Deputy governor...

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Islamic finance in Africa: A huge untapped market

23 August, 2017      181

In the recent past, news about various Islamic finance initiatives in Africa made it on the business pages across the world, indicating that the continent is gearing up for a...

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Emirates REIT reports 67 per cent growth in funds from operations in H1 2017

23 August, 2017      157

Emirates REIT, managed by Equitativa (Dubai) has reported its unaudited first half financial results for the period ended 30 June 2017. “The first half of the year was marked by...

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Indonesia holds Islamic Finance Conference

23 August, 2017      166

Indonesia is staging its second annual Islamic Finance Conference (IAFC) in Yogyakarta, with the main agenda of using sharia financing to fight poverty and inequality. The two-day event was opened...

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DAFZA issues guide on Dubai: the global gateway to Halal industries

22 August, 2017      193

The Dubai Airport Freezone Authority (DAFZA) has issued a comprehensive Halal industries guide to contribute to Dubai’s vision of becoming the capital of the Islamic economy for 2017-2021. The guide...

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Applying VAT to Islamic finance products can get complicated

22 August, 2017      124

Some countries have introduced laws to level the playing field between Islamic and conventional finance when it comes to the relationship between VAT and financial products Taxes are fundamentally involuntary contributions...

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MOU Signing Ceremony between ISRA Consultancy Sdn Bhd (ICSB) and Tawafuq Consultancy Sdn Bhd (TCSB)

21 August, 2017      415

Salalah Oman - the MoU signing ceremony between ICSB and TCSB was witnessesed by Dr. Hamoud bin Sangour Al Zedjali, Executive President of the Central Bank of Oman (CBO) at the first...

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HBMSU University hosts round table on enhanced UAE-China economic cooperation to drive success of Belt & Road Initiative

21 August, 2017      146

UAE - The Hamdan Bin Mohammed Smart University (HBMSU) has today (Monday, August 21, 2017) hosted a roundtable on the ‘Belt & Road Initiative’ and Islamic Finance Executive Strategy to promote...

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Deficit talent in Islamic finance impacts quality sukuk issuance

20 August, 2017      117

KUALA LUMPUR, Aug 20 — The shortage of high-quality sukuk in the Islamic finance market is a result of the deficit in virtuous talent, a gap that must be filled...

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BNM Releases Strategy Paper on Value-based Intermediation: Strengthening the Roles and Impact of Islamic Finance

20 August, 2017      316

Release Date: 20 Jul 2017 Bank Negara Malaysia (the Bank) in collaboration with the Islamic finance industry today released a Strategy Paper on Value-based Intermediation (VBI). This paper articulates strategies...

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