By Nicholas Parasie – Wall Street Journal The government of Dubai is considering setting up an export and import bank, the first time such a body would be established according to Islamic finance principles, to further strengthen trade flows in ...
Read More »Islamic Finance
UK: Islamic Mortgages Now Offered Under Help to Buy Scheme
Muslim borrowers who want a Shariah law compliant mortgage will be able to use Government’s Help to Buy scheme Britain’s mortgage-easing scheme Help to Buy has been extended to include Islamic mortgages. The scheme was launched today and will enable Sharia ...
Read More »Opinion: Challenges for private equity in Halal industry
Rushdi Siddiqui, Khaleej Times Total size of food consumption in Muslim world stands at $640b The 57 Muslim majority countries of the OIC have a population of nearly 1.8 billion people and growing, and Islam is the fastest growing religion ...
Read More »Opinion: Welcome to the Halal economy
BY: R. SRINIVASEN – The Hindu Business Line Come November and Dubai will play host to the 10th World Islamic Economic Forum (WIEF). This is not just another attempt by the emirate to push itself as an alternative to the ...
Read More »UK firm eyes trade finance for Halal sector
By Bernardo Vizcaino, Reuters Feb 4 (Reuters) – London-based Umex Securities has launched an Islamic trade finance service targeting firms in the halal sector, addressing their limited access to sharia-compliant working capital and financing. Umex aims to tackle a longstanding industry ...
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