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Selling pressure by foreign institutions and weak domestic buying drag market

09 March, 2018      329

The Qatar Stock Exchange (QSE) lost a sizeable 422 points in its key barometer and QR23bn in capitalisation on an across-the-board selling, especially in the real estate and telecom counters...

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London has potential to lead in Islamic finance: IDB President

08 March, 2018      320

London London has a huge opportunity to lead in Islamic finance and in the Sukuk market, the president of the Islamic Development Bank said. “We have a real opportunity to...

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Toward A Global Islamic Finance Standard

08 March, 2018      371

The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is working to establish standards and norms for Shariah-compliant banking practices worldwide, a first. In the world of Islamic...

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Emirate of Sharjah sells $1 billion sukuk - official

08 March, 2018      267

The government of Sharjah, the third-largest constituent of the United Arab Emirates, has raised $1 billion through a 10-year sukuk, the emirate’s biggest transaction in debt capital markets, a government...

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Islamic bonds face 'uncertain and muted' 2018 amid central bank tightening and geopolitics

07 March, 2018      413

An trader plays with prayer beads as he watches a computer screen displaying financial data at the Dubai Financial Market (DFM) in Dubai, United Arab Emirates. After a strong year...

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IIFM and BAFT to create MRPA for Islamic Trade Finance

07 March, 2018      409

DUBAI, U.A.E. — BAFT (Bankers Association for Finance & Trade), an international financial services association, and IIFM (International Islamic Financial Market), an Islamic financial services standard-setting body, announced a memorandum...

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Venture capital in Islamic finance: A crucial concept

06 March, 2018      326

Analysts agree on the notion that Islamic venture capital has become an important tool for economic development in developing regions of the world, quite a few of which are Muslim...

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London has potential to lead in Islamic finance, says IDB President

06 March, 2018      379

London has a huge opportunity to lead in Islamic finance and in the sukuk market, the president of the Islamic Development Bank said. “We have a real opportunity to recognise...

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Press Release: IWBF 2018 Successfully Aligns Waqf Development and Blockchain Technology

01 March, 2018      1833

Kuala Lumpur, 1st March 2018 – The International Waqf and Blockchain Forum (IWBF) concluded a successful discussion that saw the revival of what was once the hallmark of Muslim charitable...

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Press Releases: Bank Negara Malaysia issues policy document for digital currencies

27 February, 2018      409

Bank Negara Malaysia (“the Bank”) has today issued the Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies (Sector 6) which has taken into account feedback received during...

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