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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.

The initiative of the use of Islamic finance in Ingushetia

07.01.2010

In the course of the works of strategic vision’s group “Russia-Islamic World”, which was held in Kuwait in 21-24 of December, Unus Bek Evkurov, the president of Ingushetia, informed that the asset complex is planned to be built in Magas.
The initiative of the use of Islamic finance in Ingushetia
In the course of the works of strategic vision’s group “Russia-Islamic World”, which was held in Kuwait in 21-24 of December, Unus Bek Evkurov, the president of Ingushetia, informed that the asset complex is planned to be built in Magas. The territory is given for project, the architectural design of which is framing. Special fund and guardian council were established for financing of islamic complex's construction. "It's very important project for us", - Unus Bek Evkurov emphasized.

Previously Evkurov mentioned that Ingushetia was ready to offer Saudi Arabia and Kuwait the capital spending project for investment. "Particularly, it would be good for Kuwait to invest in construction business. We build on our capital, I would give the whole complex, the whole mikrorayon in order to build high-rise apartment buildings for subsequent sale of residential space", - Evkurov said.

According to his words, in the process of agreement the additional insurance of the government may be given in order the residential space will be bought out if it couldn't be sold.

Ingushetia also wants to secure assistance from these countries in the form of participation in mosques' construction. "The second moment is construction of mosques and assistance not only with money, but also with participation in projects, as "North Caucasus" quotes the president of the republic.

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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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