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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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Recent Comments

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.

DIB to postpone repayments during Ramadan

12.08.2010

Abu Dhabi Islamic Bank (ADIB) is to postpone customers’ repayments during Ramadan, the UAE lenders said in a statement on Monday.

Installments will be postponed until September 2010 and will apply to finance products including liability settlements, car finance, educational finance, travel finance, shares finance, and goods finance.

DIB to postpone repayments during Ramadan
Abu Dhabi Islamic Bank (ADIB) is to postpone customers’ repayments during Ramadan, the UAE lenders said in a statement on Monday.

Installments will be postponed until September 2010 and will apply to finance products including liability settlements, car finance, educational finance, travel finance, shares finance, and goods finance.

“This postponement will be welcomed by customers as their expenses will increase during the month of Ramadan due to reopening of schools and return from holidays with a backdrop of rising living costs,” said Sarvesh Sarup, head of retail banking at ADIB.
Source : www.opalesque.com/IslamicFinance_Briefing/

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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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