Tag Archives: Takaful

By Wam A recent government decree to establish the Dubai Islamic Economy Development Centre is expected to appreciably advance the Emirate’s seven-pillared strategy to establish itself the capital of the Islamic economy within three years. The Development Centre will be ...

By Bernardo Vizcaino, Reuters Insurers in Indonesia, Southeast Asia’s largest economy, will have to wait until at least next year for a new law that will require the spin-off of their sharia-compliant units, an official at the country’s financial regulator ...

Newark, DE — Islamic Finance is the new financial phenomenon that earned a spotlight after the global financial crisis since 2008. Awareness is rising rapidly about Islamic Finance globally. This year, UK appeared as the first non-Muslim country to host World ...

By Matthew Amlôt, CPI Financial Shari’ah compliant accounting standards are vital for Islamic finance growth, and AAOIFI Accounting standards reflect concept and essence of Islamic finance transactions and can enchance confidence of users of Islamic finance products and promote growth of ...

By Muhammad Hisyam Mohamad, The Star Is the proliferation of ‘Islamic’ labels a true reflection of the Islamic spirit? RECENT developments in consumer markets show a proliferation of approaches by manufacturers and service providers to attract Muslims, to buy or ...