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07.02.2017

GCC VAT a test for Islamic Finance- Fitch


30.01.2017

Goldmoney adds Shariah-compliant methods to boost investment from Islamic markets


31.03.2016

Path Solutions joins CIBAFI, the world renown General Council for Islamic Banks and Financial Institutions


28.03.2016

"Kazakhstan Islamic Finance 2016: a new frontier for Islamic finance" country report


19.02.2016

Azerbaijan looks to new Islamic bank as sector rules progress


15.01.2016

Linar Yakupov received an award for his contribution to the development of Islamic finance industry in Russia


14.12.2015

The 2nd International winter school of Islamic law and economics has started in Kazan


09.12.2015

Russian financial experts are exploring options to launch Islamic Banking


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22.06.2016

Islamic banking will be most relevant to SME sector: Zafar Sareshwala

Interview with director and head of Islamic Corporation for Development's (ICD) India operations.

25.11.2015

Islamic Develop Bank calls for new Islamic microfinance structures

As the Shariah-compliant Islamic finance sector booms in the GCC region, the President of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali, asked experts in the field to develop new Islamic microfinance structures.

14.09.2015

Dubai Silicon Oasis Authority and Thomson Reuters Reveal Key Findings of Digital Islamic Economy Report 2015

Dubai Silicon Oasis Authority (DSOA) and Thomson Reuters, with support from the Dubai Islamic Economy Development Centre (DIEDC) released the 'Digital Islamic Economy Report' for 2015, in collaboration with DinarStandard.

Tatarstan and Islamic Development Bank to create investment company in first decade of 2010

15.12.2009

Linar Yakupov, CEO of IFC Linova, said that the Republic of Tatarstan and Islamic Development Bank to create Tatarstan International Investment Company (TIIC) acting in accordance with principles of the Shari'ah.
Tatarstan and Islamic Development Bank to create investment company in first decade of 2010
Kazan. December,15. Interfax-Volga region. Linar Yakupov, CEO of IFC Linova, said that the Republic of Tatarstan and Islamic Development Bank to create Tatarstan International Investment Company (TIIC) acting in accordance with principles of the Shari'ah.
According to his words company to be created in Kazan with nominal capital of $3 million as Clozed Joint-Stock Company.

“The nominal capital is not very big, but sufficient for the beginning of investment company’s activity. Up to date the investor base has been determined yet”- L.Yakupov noticed.

He also informed that 20% of companies to be belonged to Tatarstan, 20% - to the Islamic Development Bank’s group and 60% will belong to investment groups from Saudi Arabia, Bahrain, United Arab Emirates, Kuwait and Yemen. In future the increase of nominal capital is eventual as the need arises.

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Malaysia's fast-growing Islamic finance sector benefits not only the Muslim world but also non-Muslim countries, said former Prime Minister Tun Abdullah Ahmad Badawi.

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