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 ...
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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 »Pakistan: Justice Taqi Usmani named to Islamise banking system
By Ansar Abbasi, The News ISLAMABAD: In a major step towards the Islamisation of Pakistan’s banking sector, the government has appointed reputed Islamic scholar Maulana Justice Taqi Usmani as Chairman of the Sharia Board of the State Bank of Pakistan. ...
Read More »Moroccan government adopts Islamic finance law, seeks vote in parliament
Reuters, Tunis Morocco’s government on Thursday adopted a bill regulating Islamic banks and sukuk issues after months of delays, paving the way for a final vote by the parliament of the North African kingdom later this year. Approval of the ...
Read More »Opinion: Islamic economy – leap of faith
By Dr Jonathan A.J. Wilson Senior Lecturer & Course Leader in Advertising & Marketing Communications Management The Islamic economy is rising rapidly as a major economic paradigm driving growth in the post-crisis world and Dubai is quickly becoming a key ...
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