Mr Mutallab called on the Central Bank of Nigeria to support the operation of the non interest banking segment of the banking sector through the provision of shariah complaint financial instruments. »
The Islamic Reporting Initiative, launched last month and headquartered in Dubai, has just acquired a new strategic partnership in the form of the Social Stock Exchange. »
Language skills and local knowledge from Azerbaijan are better suited to assist Russia. »
Laws, in particular Tax Laws need to be updated to accommodate Islamic products as tax neutrality between Islamic and conventional products needs to be neutral. »
The Turkish website alleged Mr. Gürerk had assigned his friend Hüseyin Cankurtaran's company (Standart Değerleme) as a mediator in the purchase of a 200 million Turkish Lira ($73.6 million) worth plot for the building of the bank's new headquarters in Istanbul's finance center. »
Speaking on the side-lines of the Tunisian Investment forum, Linar Yakupov, President of Association of Regional Investment Agency of the Russian Federation, as well as President of the Islamic Business and Finance Development Fund stated Russia is seeking more cooperation between OIC countries and regions of the Russian federation. »
Key points of EY Report 2014-2015, Focus on market penetration of Islamic Banks. »
Under the terms of the agreement signed in Maputo on 11 June 2015, the two institutions will collaborate in joint operations, expand financial products and exchange information on modalities for enhanced and efficient interventions for private sector development in Mozambique. »
Sharia Resolutions of Islamic Finance of Bank Negara Malaysia The enactment of the Islamic Banking Act of 1983 and the establishment of the country’s first Islamic Bank, Bank Islam Malaysia, has been instrumental in the development of Malaysia into the world’s most mature Islamic Finance market. This maturity has allowed Malaysia to become a leader in the development of standards for Islamic Finan... »
In view of the growing sophistication of Islamic capital markets in Malaysia, the Securities Commission has revised the Shariah screening methodology. »
