Istanbul, (IINA) : A workshop on “Sukuk and Islamic Liquidity Management” is set to kick off on Monday in Istanbul.The Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC), Istanbul School of Central Banking (İMB), and the World...
Ankara (IINA) : Vice President of the Islamic Development Bank (IDB) Mansur Mukhtar said Tuesday that the IDB has planned more than $1.5 billion worth of financial support for new investment projects (2017-2019) for African countries. Speaking to Anadolu Agency,...
Jeddah, (IINA) : The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IDB) Group, announced that it has acquired Capitas Group International and changed its name to Catalyst Group as part of its strategy to...
Abu Dhabi, (IINA) : The Global Islamic Economy Summit 2016 kicked off in Dubai on Tuesday where industry specialists highlighted the challenges and opportunities of the global Islamic finance industry, which is estimated to be worth $3 trillion by 2020. Shaikh Hamdan...
Muscat (IINA) : The total outstanding credit extended by the Oman’s conventional and Islamic banks stood at OMR21.5 billion as at the end of July 2016, a rise of 11.5 percent over the same period a year ago, according to data released by the Central Bank of Oman...
Geneva, (IINA) : The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, announced that the IDB had financed more than $60 billion of trade transactions to support small and medium enterprises (SMEs), Saudi...
Jeddah, (IINA) : The 11th International Conference on Islamic Economics and Finance (ICIEF) will be held on October 11-13 in Kuala Lumpur, Malaysia, to discuss the role of Islamic economics and finance in the contemporary global development agenda. The conference is...
Mumbai, (SM/IINA) : India's central bank has proposed working with the government to introduce interest-free banking to tackle financial exclusion for religious reasons, potentially opening Islamic finance to the largest Muslim minority population in the world. The...
Jakarta, (NNN-ANTARA) : The Islamic finance industry in Indonesia has largely grown as a result of community-based initiatives, Head of Islamic Finance at Thomson Reuters Mustafa Adil stated here. "Unlike other countries, the Islamic finance industry in Indonesia is...
Dubai, (IINA) - The size of Islamic finance market is estimated up to $2 trillion and projected to grow to $3 trillion by 2018, Trade Arabia News reported citing an industry expert. The Islamic finance assets represent 1 percent of the global financial market, while...