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Bahrain tightens Islamic finance rules with mandatory external audit

10 September, 2017      220

DUBAI, Sept 10 (Reuters) - Bahrain is tightening its rules for Islamic banks by requiring all of them to undergo independent, external audits to certify they are following Muslim laws...

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CIBAFI Members’ Strategic Session took place in Kuala Lumpur, Malaysia

08 September, 2017      260

8th September 2017, Kuala Lumpur, Malaysia; Manama, Kingdom of Bahrain | General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions has organized its...

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Islamic banks to develop waqf fund

08 September, 2017      250

KUALA LUMPUR: Six Malaysian Islamic banks have entered a collaboration to develop a waqf fund revolving around economic empowerment, education, health and investment, in an effort to develop the Muslim...

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ISRA Global Scholarship Hi-Tea Gathering with BNM Governor

06 September, 2017      517

Kuala Lumpur - 5 Oct 2017 - The International Shariah Research Academy for Islamic FInance (ISRA) had a special gathering for the ISRA Shariah Scholarship recipients from 2008 to 2017...

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COULD BREXIT BE A BOON FOR THE GROWTH OF ISLAMIC FINANCE?

06 September, 2017      174

Islamic finance is a centuries-old practice designed to enable Muslims to invest and transact business while remaining in accord with their religious beliefs. The Muslim world has long raised capital...

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Rise of Islamic finance meets human capital gap

05 September, 2017      395

The growing popularity of Islamic banking and finance and its increasing global outreach has led to a considerable undersupply of talent in the sector, both in the Middle East and...

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Find ways to boost cross border transaction of Islamic Finance services, says BNM governor

05 September, 2017      147

KUALA LUMPUR: Scholars and researchers need to think through what it takes to internationalise Islamic finance and formulate ways to enhance cross-border transactions of its services, says Bank Negara Malaysia...

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Unlocking Opportunities through Islamic Finance

30 August, 2017      234

Islamic finance development has become a centrepiece in many countries in the African region. A number of market development and regulatory efforts have taken place in the region in recent...

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Takaful remains challenged sector within Islamic finance industry

29 August, 2017      296

While Islamic banking and investments are on a solid path to form competitive ecosystems within the global finance industry, that cannot be said for Islamic insurance, or takaful, which is...

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Islamic banking discourages financial speculation — Expert

28 August, 2017      472

ISLAMIC Banking has the capacity to discourage financial speculation, enhance job creation and boost economic development. Managing Director/Chief Executive, Islamic Banking and Finance Institute of Nigeria (IBFIN), Sani Aminu, stated...

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