Shariah banking could become a world norm in the near future as demand continues to grow in the Middle East and parts of Asia and Europe. That’s the word from experts who are sharing their predictions at the World Islamic Economic Forum in Dubai. http://www.dubaieye1038.com/islamic-finance-soon-become-norm-experts-predict/
Dr. Abdul Halim Bin Ismail, described as a veteran of the Shariah banking industry, was one of the featured speakers at this weeks World Islamic Economic Forum in Dubai. In his speech he called on the sector to prioritize charity according to Shariah law: Islamic finance sector must address the current lack of focus in […]
Billions of petrodollars reside in instruments known as Waqfs, a kind of Islamic endowment fund. These Waqfs have been used for some legitimate purposes over the years, but they’ve also been used to support Jihadist and Islamist groups, notably the Muslim Brotherhood in Kuwait, for example. The Shariah-Compliant Finance industry has their sights set on […]
Speaking at the World Islamic Economic Forum in Dubai, the British Economic Secretary to the Treasury, Andrea Leadsom, set out further steps to cement Britain’s position as the Western hub for Shariah-compliant finance. http://www.zawya.com/story/UK_Economic_Secretary_announces_further_steps_to_cement_Britains_position_as_Western_hub_for_Islamic_finance_OFFICIAL-ZAWYA20141028133741/
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