Islamic finance news

Available at http://www.reuters.com/article/rbssBanks/idUSLP47943620090725, Dubai, (Reuters) – Dubai Islamic Bank posted a net profit of 450 million dirhams ($122.5 million) in the second quarter, down 40 percent […]

Assalamualaikum, Dear Readers, It has been quite sometimes I do not share any of my writings or thoughts. I take this opportunity to share with you […]

Assalamualaikum, Dear Readers, It has been quite sometimes I do not share any of my writings or thoughts. I take this opportunity to share with you […]

By Andy Sambidge (http://www.arabianbusiness.com/560297-former-islamic-finance-company-chief-jailed) Five former senior officials of an islamic finance firm have been jailed after being found guilty of charges including breach of trust […]

KUALA LUMPUR, July 8 (Bernama) http://www.bernama.com/bernama/v5/newsbusiness.php?id=423922- The international integration of Islamic finance should be facilitated by the mutual recognition of financial standards and products across jurisdictions, […]

MCCA announces Islamic bank ambition By Alison Bell Available at http://news.brisbanetimes.com.au/breaking-news-business/mcca-announces-islamic-bank-ambition-20090706-dabx.html Local Islamic banking co-operative, the Muslim Community Co-operative (Australia) Ltd (MCCA) is confident of securing […]

By Mohd Johan Lee. Available at: http://www.guardian.co.uk/business/feedarticle/8573843 The sale of debt to third parties, especially through multiple securitisations, has been blamed for fueling the worst global […]

By Bradley Hope, © The National 2009. Available at http://www.zawya.com/story.cfm/sidZAWYA20090624050302/Boardroom%20Overhauls Under pressure from the economic downturn, companies across the country are shaking up their leadership structures […]

Despite the International Council of Fiqh Academy, recently declared organised tawarruq impermissible, Malaysian stock exchange still plan to launch tawarruq based platform to execute commodity murabaha […]