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'Muslim countries, communities need to take more advantage of Islamic finance instruments'

23 November, 2018      264

The International Symposium on Financing for Development organized with the cooperation of the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) and the Islamic Development Bank...

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UK bank Rosette launches Islamic capital markets unit

22 November, 2018      265

UK-based Rosette Merchant Bank (Rosette), an independent, privately-owned, sharia compliant financial services firm with close ties to Kuwait and the rest of the GCC, has announced the launch of a...

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Bahrain Islamic Bank (BisB) Awarded Global Business Outlook’s ‘Best Online Bank, Bahrain’

22 November, 2018      257

Bahrain Islamic Bank (BisB) has emerged as the winner of the prestigious ‘Best Online Bank – Bahrain’ for the year 2018 from Global Business Outlook, a business publication based in...

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Global Finance names QIB ‘safest Islamic Bank in Qatar’

22 November, 2018      266

For the second year in a row, New York-based Global Finance magazine has named QIB the “safest Islamic Bank in Qatar” in 2018.  Marking a new addition to its list...

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Philippine Congress moves a step closer to expanding Islamic banking

21 November, 2018      312

MANILA: The Philippines has moved a step closer to opening the country to the wide range of banking and other financial services available through Islamic banking and finance. The move...

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Fintech on track to shape future of Islamic finance

21 November, 2018      396

The results of the inaugural World Islamic Fintech Awards, a new competition organised by industry platform IFN Fintech held in Manama, Bahrain last month, showed a clear trend of innovative...

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Bank Nizwa holds workshops on Islamic finance

19 November, 2018      281

Nizwa: Bank Nizwa, Oman’s go-to reference of Islamic finance, conducted two educational workshops as part of its nation-wide road show, the "Islamic Finance Knowledge Series". With the objective of raising awareness...

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Brunei’s Islamic capital market sees progress

19 November, 2018      312

THE positive progress of the Islamic capital market in Brunei was recently highlighted during a keynote address at the Brunei Darussalam Islamic Capital Market (BICAM) Conference 2018. The two-day BICAM...

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Uganda has no Islamic banking three years on

19 November, 2018      283

More than three years since legalising Islamic banking, Uganda is yet to register a single application from lenders in this segment of the business. This leaves Uganda’s financial sector behind...

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Gov’t looks to float sukuk bonds under Islamic finance framework

16 November, 2018      285

THE GOVERNMENT is looking at floating Shari’ah-compliant securities next year, but will still wait for the establishment of a legal framework for Islamic banking, the Department of Budget and Management...

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