The first-ever Islamic finance training catered to over 100 Imams in the US will be introduced to raise the level of knowledge and understanding of Islamic financial transaction law.
The first-ever Islamic finance training catered to over 100 Imams in the US will be introduced to raise the level of knowledge and understanding of Islamic financial transaction law.
This year’s 8th annual summit of the Islamic Financial Services Board (IFSB), scheduled to be held at the New Conference Centre Kirchberg in Luxembourg on May 10-13, is already making an impact.
Bursa Malaysia should concentrate on becoming the London Stock Exchange (LSE) for Islamic finance and utilise the country's vibrant Halal ecosystem instead of looking to merge with LSE.
Experts say the new Socially Acceptable Market Investments (SAMI) Halal Food Index will be a bridge-builder for Islamic funds and for global non-Islamic investors interested in the emerging food sector.
Islamic finance is still essentially risk-averse and short-term in its outlook, and Islamic investors share the same view with their bankers and prefers not to invest in Halal businesses and SMEs.
The world’s first Halal Food Index was launched yesterday at The 6th World Halal Forum confirming the strong convergence between the Halal industry and Islamic finance.
The best way to overcome unemployment in the Muslim world is in the application of Islamic economics and Zakat, where it should be added to the school curricula and set as a cornerstone of daily business activity.
Former Malaysian Prime Minister Mahathir bin Mohamad voiced support Thursday for an attempt by South Korea’s finance ministry to kickstart the growth of Islamic finance in Korea, saying “it’s not about religion.”
The World Halal Forum 2011 will examine ways in which the universal values central to halal and Islamic finance can create a new economic paradigm that will shape the global marketplace.
France plans to develop Islamic finance and attract investment from the Gulf to its economy, State Secretary for Foreign Trade Pierre Lellouche said.
Istanbul Stock Exchange launched an index comprised of 30 listed companies that comply with Sharia banking principles as Turkey seeks to attract interest in its burgeoning Islamic finance.
Indonesia's central bank is aiming to simplify the approval process for Islamic banking products to accelerate the development of the country's Islamic finance industry.
Tun Dr Mahathir Mohamad has blamed Western lending practices for the world's financial problems and hailed Islamic banking as a superior model, almost immune to abuses and 'crook deals'.
Malaysia's Dr Mahathir continues urging Muslim nations to consider trading with each other using values quoted in an international unit of gold or by a standardised weight of gold.