News & Update
Submit Press ReleaseHow IMF plans to regulate and supervise Islamic banks in Nigeria and other countries
The International Monetary Fund (IMF) Executive Board has endorsed a proposal on the use of the core principles for Islamic Finance Regulation (CPIFR), which were developed by the Islamic Financial...
IMF to add Islamic finance to market surveillance in 2019
(Reuters) - The International Monetary Fund will incorporate Islamic finance into its financial sector assessments of select countries starting next year, aiming to improve regulation in the growing sector. The...
Trust in Islamic banking rising fast
Customers’ trust in Islamic banking will increase exponentially once the sector’s assets reach $3.3 trillion by 2021 as predicted, Sultan bin Saeed Al Mansouri, UAE Minister of Economy and Chairman...
Press Release: IMF Executive Board Adopts Decisions to Formally Recognize the Core Principles for Islamic Finance Regulation (CPIFR) for Banking
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...
Muslims demand Islamic banking
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...
Uzbekistan set to develop Islamic banking system
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...
Jordan Islamic Bank leading the way in sustainable finance
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...
Jordan Islamic Bank leading the way in sustainable finance
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...
University highlights importance of Islamic Finance education
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...
Steadily growing Islamic finance sector at dev stage
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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