Tag: Islamic Finance
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Islamic Finance and Renewable Energy
Dr. Nikhat Mushir for Maeeshat Energy sector is comprised of energy producing products, production, distribution, market, producers, distributors and consumers. Energy producing resources are mainly categorised as renewables (hydal, thermal, nuclear, solar, wind etc.) and non-renewables such as oil, gas, coal. The importance of energy resources was well put in the opening remarks of World…
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First step taken towards developing islamic finance in Uzbekistan
The ceremony of signing a Statement of Intent has been held between the Agency for the Development of the Capital Market of the Republic of Uzbekistan, the United Nations Development Programme (UNDP), and the Islamic Development Bank, establishing cooperation for the introduction of Islamic finance in Uzbekistan. The development of this new type of financing…
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Turkey to play leading role in Islamic finance
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 the top three Islamic finance markets…
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American University offers graduate certificate in Islamic finance
Washington : American University is now offering a graduate certificate in Islamic finance to better prepare professionals to compete and do business in both emerging and established markets. The curriculum includes courses that focus on the role of Islamic finance in the global economy and Islamic capital markets. Coursework also focuses on Sukuk (Islamic bonds),…
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CIBAFI submits recommendations to BCBS on implications of fintech developments for banks
Manama : Aligned with its role as advocate of the Islamic Financial Services Industry (IFSI), the General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, announced that it has submitted its comments on Tuesday to the Basel Committee on Banking Supervision (BCBS) on the Consultative Document on “Sound…
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Bahrain to host world Islamic banking conference in December
Manama : The 24th edition of World Islamic Banking Conference (WIBC), the world’s longest running Islamic banking conference, is set to return to Bahrain this December for three days, and will take stock of the most pressing issues affecting the global financial landscape. Middle East Global Advisors, a leading financial intelligence platform facilitating the development…
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Islamic Finance Spreads Globally
In today’s connected world of business, Islamic finance is a concept that people working in the banking and finance industries are likely to come across in their careers. Islamic finance, despite its label, is not limited to Muslim countries. It has shown growth globally, including in Europe. Total Islamic finance assets worldwide are projected to…
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Community-based initiatives driving growth in Indonesia’s Islamic financial industry
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 growing due to the initiatives taken by the community, which has developed unique Islamic financial institutions,…
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Dr Shariq Nisar makes again Indian Muslims proud
Mumbai: (Maeeshat News Network) Dr Shariq Nisar Former fellow Harvard University, USA is ready to glitter once again by nominated in honorary awards in Islamic finance domain from Islamic Finance Forum of South Asia. He is the first person to receive such awards from India. Dr Shariq Nisar earned his PhD in Economics specializing in…
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Dubai to host 11th annual World Takaful Conference
Dubai, (IINA) – The 11th annual World Takaful Conference (WTC) will be convened by leading financial intelligence platform, Middle East Global Advisors, in strategic partnership with the Dubai International Financial Centre (DIFC). Saudi Gazette reported. WTC will take place on April 11-12, in Dusit Thani Hotel, Dubai. WTC 2016 will convene high profile guests and…