News & Update
Submit Press ReleaseSelling pressure by foreign institutions and weak domestic buying drag market
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...
London has potential to lead in Islamic finance: IDB President
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...
Toward A Global Islamic Finance Standard
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...
Emirate of Sharjah sells $1 billion sukuk - official
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...
Islamic bonds face 'uncertain and muted' 2018 amid central bank tightening and geopolitics
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...
IIFM and BAFT to create MRPA for Islamic Trade Finance
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...
Venture capital in Islamic finance: A crucial concept
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...
London has potential to lead in Islamic finance, says IDB President
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...
Press Release: IWBF 2018 Successfully Aligns Waqf Development and Blockchain Technology
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...
Press Releases: Bank Negara Malaysia issues policy document for digital currencies
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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