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UK -
Islamic Investments
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Source: Shariabanking.net
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Sunday, 27 August 2006 |
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 Islamic Finance, Gordon Brown wants UK to be centre for Islamic Investment
He told the Islamic Finance and Trade Conference in London he wanted to make the UK a centre for Islamic investment. He called for stronger trading links between the UK and Muslim countries as well as global trade reform. Under Sharia Islamic law, making money from money, such as by charging interest, is not permitted. |
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Last Updated ( Sunday, 07 January 2007 )
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Home Page -
General
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Source: Editor
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Sunday, 27 August 2006 |
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MANAMA: Bahrain-based International Islamic Financial Market (IIFM) will hold a specialised conference and workshop on Islamic banking, capital and financial markets on September 11 and 12 in Jakarta, Indonesia.
The event will be held in conjunction with the 15th meeting of the IIFM Board of Directors. |
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Last Updated ( Monday, 18 September 2006 )
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UK -
Islamic Current Accounts
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Source: Shariabanking.net
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Wednesday, 23 August 2006 |
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 The first UK student current account that complies with Muslim law has been unveiled by Lloyds TSB.
Financial
products that comply with Islamic or Sharia law, and are therefore
suitable for Muslims, have been offered by major banks in the UK for
several years.
However, Lloyds TSB -
who along with HSBC have led the way in many areas of Muslim finance -
have now become the first to offer a Sharia-compliant student account.
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Last Updated ( Sunday, 07 January 2007 )
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Home Page -
General
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Source: Internews
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Monday, 21 August 2006 |
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 KARACHI • Pakistan’s central bank is considering granting Islamic banking licences to two new applicants, a senior official has said.
Director Islamic Banking Department of the State Bank of Pakistan (SBP) Pervez Saeed said a “couple of new licences are in the pipeline”, but preferred not to give details. Presently four full-fledged Islamic banks are doing business in the country. According to him, the number of Islamic bank branches including dedicated Islamic branches of commercial banks has reached 100 against 7,000 conventional bank branches. |
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Last Updated ( Sunday, 27 August 2006 )
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Home Page -
General
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Source: AFP
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Saturday, 19 August 2006 |
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Japan's decision to explore issuing Islamic bonds is the Latest step forward for a booming sector that has broken out of its niche market and is being embraced by mainstream banks and businesses.
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Last Updated ( Sunday, 27 August 2006 )
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