Why Islamic Finance Is Booming Around The Globe?
There is no doubt that Islamic finance is growing around the world. Sector expert Camille Paldi says Islamic finance is booming, but it needs proper …
Africa
Nigeria Sets Up Committee To Advise On First Sovereign Sukuk
By Oludare Mayowa and Chijioke Ohuocha
LAGOS Feb 18 (Reuters) – Nigeria has set up a government committee to advise on issuing the …
Islamic-Inspired Fashion Turns Heads In Southeast Asia
With Islam being the largest religion in Southeast Asia, Islamic-inspired fashion runway shows in Dubai, Jakarta and Kuala Lumpur now offer an …
Indian Halal Cosmetics Start-Up To Enter South African Market
A halal cosmetics brand, Iba Halal Care, launched last year by two sisters in Ahmedabad, India has revealed ambitious growth plans to open a new store …
Turkey’s Bank Asya Sells Stake In Tamweel Africa To ICD
In a statement to Borsa Instanbul on 8 January, Bank Asya (Asya Katilim Bankasi) revealed it is selling the whole of its 40 per cent stake in Tamweel …
IDB, AfDB, Others Partner For Islamic Banking Workshop
The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank Group and the African Development Bank (AfDB) are to jointly …
Islamic Banking & Finance Outlook In 2015
The Industry will gain Historical success during this year, thorough Analysis of Zubair Mughal, in the beginning of 2015
Lahore- 2014 proved to be …
ADIB Egypt Named Best Commercial Bank In Africa
Cairo: Abu Dhabi Islamic Bank (ADIB) Egypt was recently named the “Best Commercial Bank in Africa” for the first time by the prestigious …
African Islamic Finance To Be Highlighted At Upcoming Conference In Khartoum
The International Forum on Islamic Finance (IFIF Sudan 2014) is being convened on the 9th and 10th of December 2014 at the Al Salam Rotana, Khartoum, …
Deloitte Launches The 2014 Takaful Insurance Report In Islamic Finance
Despite the global Takaful insurance market exhibiting impressive double digit growth of 18% over the period 2007-2012, the regulatory environment …
Islamic Finance Set To Tackle Long-Standing Repo Challenge.
Separate but converging efforts are underway in Islamic finance to help develop globally accepted alternatives to conventional repurchase agreements, …
Indonesia Sharpens Centralised Islamic Finance Oversight
Indonesia’s capital market regulator has signed an agreement with the country’s national sharia board to strengthen oversight of the …
UAE: Gulfood Manufacturing unveils ‘Food & Beverage Industrial Investment Summit’
Dubai – Challenges concerning local sustenance security, guaranteeing reasonable nourishment supplies, the fate of the halal nourishment industry, the …
Oman Sets Up Shariah Supervisory Board To Streamline Islamic Banking Activities
Oman — Oman’s central bank has set up a shariah supervisory board to help oversee the sultanate’s Islamic banking industry, a centralised model …
Dubai’s FBMG Endorses ‘Unique Business Potential’ Of Upcoming Food Show
Dubai Chamber of Commerce & Industry Entity Says Dedicated Food Processing Show Will Provide UAE F&B Producers with Technology and Tools to …
Africa: Islamic Finance Taking Baby Steps By Opening Islamic Windows In Conventional Banks
Fadi Yazbeck, Product Manager for Islamic Banking at Temenos, explains why Islamic windows might be the way forward.
While the Islamic banking market …
Lotus Halal Traded Fund, Expanding Frontiers Of Capital Market
Lotus Capital Limited, a pioneer and household name in ethical fund management in Nigeria, recently launched the first sharia compliant exchange …
Expectation High As Lotus Halal Traded Fund Lists On NSE
Hajara Adeola, managing director, Lotus Capital Limited, in this interview with BusinessDay’s Hope Moses-Ashike, speaks on the benefits of the …
Malaysia The Runaway Leader In Islamic Finance Market
MALAYSIA emerged as the leader on various checkpoints for Islamic finance in a newly released global measurement of the industry, scoring high points …
Halal Foods Dubai: Livestock From Ebola-Hit Countries Not In Dubai
Halal Foods Dubai: Livestock From Ebola-Hit
Countries Not In Dubai
Bahrain announces ban on import of livestock and halal foods and meat from Sierra …
Expectation High As Lotus Halal Traded Fund Lists On NSE
We have seen the listing of other Exchange Traded Funds in the Nigerian market i.e. the NEWGOLD Exchange Traded Fund and the Vetiva Griffin 30 …
Islamic Banking: Growing Fast But Can It Be More Than A Niche Market?
For years, Islamic banks have been growing at a double digit pace. Ernst and Young (E&Y), in their latest World Islamic Banking Competitiveness …