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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 Royal Award for Islamic Finance

24.09.2010

Thirty individuals, including non-Muslims from around the world, are currently being considered for The Royal Award for Islamic Finance.
The Yang di-Pertuan Agong will present the award to the recipient during a Royal Gala Dinner on October 25 in Kuala Lumpur.
The Royal Award for Islamic Finance
Thirty individuals, including non-Muslims from around the world, are currently being considered for The Royal Award for Islamic Finance.
The Yang di-Pertuan Agong will present the award to the recipient during a Royal Gala Dinner on October 25 in Kuala Lumpur.

"These 30 nominees represent the diversity and global acceptance of Islamic finance from across all regions of the world, including the Middle East, Europe, Southeast Asia, Africa and Australia.

"This pool of influential drivers of global Islamic finance also includes non-Muslims and both genders," Securities Commission (SC) and Bank Negara Malaysia said in a statement released in Kuala Lumpur yesterday.

SC and Bank Negara said nominations have come from every sector of the industry including syariah, academia, industry practitioners, Islamic finance institutions, research institutions, government agencies and non-governmental organisations (NGOs).

Nominees range in age from 40 to over 80 years.

The nominations are being deliberated by an independent international jury, chaired by former deputy prime minister and the World Islamic Economic Forum Foundation chairman, Tun Musa Hitam.

The seven-member jury comprises eminent individuals, syariah scholars, academicians and Islamic finance practitioners from Asia, Europe, the Middle East and the US.

The Royal Award serves as a benchmark recognition of the global Islamic finance industry. It is spearheaded by the Malaysia International Islamic Financial Centre initiative and supported by Bank Negara and SC.

Source : Business Times

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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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