Ankara : Turkey plays a leading role in Islamic finance, said group chairman and chief executive officer of Path Solutions, an Islamic banking software provider. "I believe that Turkey has a role to play as a leader in Islamic finance and as a hub because it is one of...
Need to purify, expand and globalise Islamic Economics: Dr. Javed Jamil
Report by Shaukat Hussain Mangalore : Renowned thinker, writer and Head of Chair in Islamic Studies, Yenepoya University, Mangalore, Dr. Javed Jamil said that “Islamic Economics, the way it is understood today is less of Islam and more of economics.” He was speaking...
Over 300 Takaful and Technology Leaders converged at the 13th edition of the World Takaful Conference
Director General of Insurance Authority (IA) inaugurates world’s largest Takaful forum with the aim of fostering industry-wide collaboration. Dubai, UAE : This morning, a packed audience of over 300 key industry leaders gathered from various MENASEA markets,...
IDB total financing reached $9.8 billion in 2017
Tunis : President of the Islamic Development Bank (IDB) Group Dr. Bandar Hajjar said on Monday the IDB's total funding for development projects in the member states of the Organization of Islamic Cooperation (OIC) reached $9.8 billion during 2017. Hajjar made the...
Islamic Development Bank gears up for Tunisia summit
By Gokhan Ergocun and Bahattin Gonultas, ANKARA: Business leaders from Muslim nations will gather in the Tunisian capital on Sunday to review last year's performance by the Islamic Development Bank (IDB), and discuss and approve its development agenda for the year...
Dubai International Financial Centre joins the world’s most influential global Takaful forum
Dubai (Press Release) In the midst of recent regulatory and economic developments, over 300 industry leaders are expected to congregate at the 13th World Takaful Conference in Dubai this April that will feature keynote addresses by H.E. Ebrahim Obaid Al Zaabi,...
Dubai stock market hits two-year low following US tariff campaigns
Dubai : The Dubai Financial Market General Index (DFMGI) closed at 3,115.16 on Sunday, the lowest point since the end of February, 2016. Shares of Dubai's bellwether Emaar Properties, the developer of the world's tallest building Burj Khalifa, dived by 2.72 per cent,...
Join 13th Annual World Takaful Conference
Join over 300 industry leaders comprising CEOs, CIOs & Dignitaries from around the world at the 13th Annual World Takaful Conference (WTC) - convened by leading financial intelligence platform Middle East Global Advisors in strategic partnership with the Dubai...
Dubai Islamic Bank to cash dividends after posting strong returns
Dubai : Following the conclusion of its Annual General Meeting (AGM), Dubai Islamic Bank (DIB) announced recently that the meeting approved the distribution of 45 fills per share as cash dividend for 2017, closing another year with strong returns to shareholders since...
Jan Seva Applauded at International Stage
Awarded Gold Medal as Recognition of its Cooperative Banking Services Mumbai: “Jan Seva Cooperative Credit Society is the only interest-free monetary institution in the country. With a sum of just Rs 191,000, it began its journey and within seven years its revenue...