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October 15, 2009

Islamic finance industry stunted by lack of expertise

Available at: http://www.ftadviser.com/FTAdviser/Investments/Region/News/article/20091015/961309e4-b979-11de-8529-00144f2af8e8/Islamic-finance-industry-has-lack-of-expertise.jsp A shortage of expertise in the Islamic finance industry and the lack of regulatory harmonisation are the biggest obstacles facing the sector’s growth, […]
October 13, 2009

Call to review interest in court judgements

By Habhajan Singh, Available at: http://www.themalaysianreserve.com/SubPage.asp?pageid=6&eventid=1177 The provision for High Court judges to grant interest upon judgment needs to be looked into as far as Islamic […]
October 12, 2009

Islamic Development Bank announces plans to launch investment bank

Available at: http://www.business24-7.ae/Articles/2009/10/Pages/11102009/10122009_f78f86a991ef4704a73a0f24d1298ada.aspx The Jeddah-based Islamic Development Bank (IDB) announced the launch of an Islamic investment bank with initial capital of $1 billion (Dh3.6bn) to promote […]
October 11, 2009

Islamic Banking – Reality and Myth

By: Dr. Nimrod Raphaeli (Senior Analyst (emeritus) at the Middle East Media Research Institute. Available at: http://www.memri.org/bin/latestnews.cgi?ID=IA55209 Introduction Islamic banking is based on Islamic law and […]
October 9, 2009

Abercrombie and Fitch Faces a Muslim-Headscarf Lawsuit

Available at: http://www.time.com/time/business/article/0,8599,1925607,00.html?xid=rss-topstories Given the hyper-sexualized advertising that Abercrombie & Fitch has long embraced, it is no surprise that the company encourages its employees to let […]
October 7, 2009

Sharia advisers may face legal suits over mistakes

Available at http://www.gulfnews.com/business/money/10354083.html Reuters: Sharia advisers can be held accountable in court for lapses in their duty but it would be hard to make a case […]
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