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Latest News

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.

Russia and Kuwait signed two agreements in financial sphere

04.08.2010

Sergei Shmatko, Minister of Energy of the Russian Federation and Al – Abdullah Al – Ahmad As – Sabah, Oil Minister of Kuwait signed two agreements in financial sphere. In particular agreement between Russia and Kuwait “Treaty on Avoiding Double Taxation and the Prevention of Tax Evasion with Respect to Taxes on Income and Capital” was signed in Moscow. There was also signing of a “Treaty on Mutual Security of Investments” between Russia and Kuwait .
Russia and Kuwait signed two agreements in financial sphere
Sergei Shmatko, Minister of Energy of the Russian Federation and Al – Abdullah Al – Ahmad As – Sabah, Oil Minister of Kuwait signed two agreements in financial sphere. In particular agreement between Russia and Kuwait “Treaty on Avoiding Double Taxation and the Prevention of Tax Evasion with Respect to Taxes on Income and Capital” was signed in Moscow. There was also signing of a “Treaty on Mutual Security of Investments” between Russia and Kuwait . On the signing ceremony Mr. Shmatko said the agreements should be performed without fail. He also added : “If Kuwait companies have any problems in Russia, we will sort them out” . Minister informed that we have achieved an agreement concerning creation of two intergovernmental subcommissions on energy, oil and gas, as well as on scientific-technical cooperation. According to Mr. Shmatko in 2009 trade turnover between Russia and Kuwait has increased at 1,5 – fold compared to 2008. Minister also added that in 2009 a figure in amount of $ 77 million was fixed as the highest performance in 6 years.

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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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