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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.

Palestinians plan first sukuk in 2011 – regulator

12.11.2010

The Palestine Monetary Authority (PMA) plans to issue Islamic bonds to banks in the first quarter of 2011 as a tool for injecting and withdrawing liquidity from the money market.
Palestinians plan first sukuk in 2011 – regulator
The Palestine Monetary Authority (PMA) plans to issue Islamic bonds to banks in the first quarter of 2011 as a tool for injecting and withdrawing liquidity from the money market.

PMA Governor Jihad al-Wazir said late Wednesday the banks would trade the bonds, or sukuk, among themselves.

“We will start bit by bit to see the needs of the market based on liquidity management,” Wazir told Reuters, but said it was too early to say which currency the bonds would be denominated in, or how much would be issued.

The Palestinians do not have their own currency and the Israeli shekel is used for most day-to-day cash transactions. But any bond issue is likely to be in US dollars or Jordanian dinars, analysts say.
Earlier this year, the Palestinian Authority said it would issue its first government bonds in dollars next spring.
There is strong potential for Islamic banking in the predominantly Muslim Palestinian territories, the PMA governor said.
Source:www.dailystar.com

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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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