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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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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.

Bank Negara in pact with Mauritius

22.10.2010

BANK Negara Malaysia and Bank of Mauritius have signed a memorandum of understanding (MOU) to establish a framework to enhance cooperation on capacity building and human capital development in the financial services industry including Islamic finance.
Bank Negara in pact with Mauritius
BANK Negara Malaysia and Bank of Mauritius have signed a memorandum of understanding (MOU) to establish a framework to enhance cooperation on capacity building and human capital development in the financial services industry including Islamic finance.
The MOU was signed by Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz and her counterpart from Mauritius, Rundheersing Bheenick on October 7 during the IMF/World Bank Annual Meetings 2010 in Washington.
“In recognising the growth potential of Islamic finance and Malaysia’s leading role as the centre for Islamic finance, this MOU will pave the way for both Malaysia and Mauritius to strengthen cooperation in the development of talent, expertise, business linkages and infrastructure support in Islamic finance,” the central bank said in a statement issued in Kuala Lumpur yesterday.

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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