Mr Mutallab called on the Central Bank of Nigeria to support the operation of the non interest banking segment of the banking sector through the provision of shariah complaint financial instruments. »
Language skills and local knowledge from Azerbaijan are better suited to assist Russia. »
Laws, in particular Tax Laws need to be updated to accommodate Islamic products as tax neutrality between Islamic and conventional products needs to be neutral. »
The Turkish website alleged Mr. Gürerk had assigned his friend Hüseyin Cankurtaran's company (Standart Değerleme) as a mediator in the purchase of a 200 million Turkish Lira ($73.6 million) worth plot for the building of the bank's new headquarters in Istanbul's finance center. »
Speaking on the side-lines of the Tunisian Investment forum, Linar Yakupov, President of Association of Regional Investment Agency of the Russian Federation, as well as President of the Islamic Business and Finance Development Fund stated Russia is seeking more cooperation between OIC countries and regions of the Russian federation. »
Key points of EY Report 2014-2015, Focus on market penetration of Islamic Banks. »
Sharia Resolutions of Islamic Finance of Bank Negara Malaysia The enactment of the Islamic Banking Act of 1983 and the establishment of the country’s first Islamic Bank, Bank Islam Malaysia, has been instrumental in the development of Malaysia into the world’s most mature Islamic Finance market. This maturity has allowed Malaysia to become a leader in the development of standards for Islamic Finan... »
In view of the growing sophistication of Islamic capital markets in Malaysia, the Securities Commission has revised the Shariah screening methodology. »
Shari’ah compliant Bahrain Investment Bank, Seera has completed an investment into the UK dementia care sector by means of an equity investment in a housing development in London. The development, when completed will provide circa 115 housing units providing specialized care to dementia sufferers. »
At a recent conference held in Riyadh, delegates focused on the potential to build an international market for Saudi sukuk, as more global groups look for alternative sources of longer term funding. »
