The Islamic Development Bank (IDB) will strengthen economic and developmental cooperation with the Republic of Gambia as Islamic finance grows in Africa. »
The United Kingdom and Hong Kong push ahead with Islamic Finance ambitions. »
In a speech delivered on 24 March to the Reform Export Summit, Hugo Swire MP, the UK Government minister responsible for Islamic finance development in the UK spoke of the long-term economic trend and development of Islamic finance and how the UK is positioning itself to take advantage of this growth. »
A new report presents an overview of Technology and Innovation in within the Islamic Finance segment of Islamic Banking. »
The UK Government re-affirmed its commitment to develop the UK as a global centre for Islamic finance in a report released yesterday. »
In 2012, the state owned Development Bank of Kazakhstan issued a RM240mln ringgit-denominated sukuk (USD76mln), marking the first sukuk issuance from a former Soviet state. »
Between 2000 and 2013, emerging and developing Asia grew by an average of 7.9%, while growth in advanced economies averaged just 1.8%. »
Work will commence in the second half of 2015 to assess the feasibility of establishing a Shari’ah compliant facility for purposes of liquidity management. »
Often overlooked within Islamic finance is the establishment of national interest free banking systems in Iran and Sudan as well as in Pakistan. »
The Republic of Turkey Under secretariat Of Treasury issued a 1.8 Billion Lira Sukuk yesterday, ending a quiet February for sukuk issuances. »
