Tags » Islamic Finance

22 Began with a Dream

I, *insert first name and last name*, turned 22 today.

19 was hard to let go, 20 was difficult and 21 was memorable. I wonder how 22 will turn out? 392 more words

Allah

Indonesia revises Islamic banking rules as industry growth slides

Bernardo Vizcaino and Gayatri Suroyo
SYDNEY/JAKARTA

INDONESIA’s regulator has issued revised Islamic banking rules covering asset quality and capital adequacy to help clarify market practices, while industry growth has now dropped to single-digits. 395 more words

Indonesia

FAAIF Introduces the Dubai World Islamic Finance Arbitration Center (DWIFAC) in Europe

CEO of FAAIF addresses the dispute resolution conundrum of the Islamic Finance Industry.

Dubai, UAE, November 20, 2014(PressReleaseCircle) — Camille Paldi, CEO of FAAIF introduces a proposal for a dispute resolution mechanism for the Islamic finance industry, namely, DWIFAC, which shall be funded by Sheikh Mohammed bin Rashid Al Maktoum, and may act as the independent central dispute resolution authority and Shari’ah regulator connecting all of the adjudication apparatus’s of Dubai, the UAE, and the DIFC into one consolidated framework for the adjudication of Islamic finance disputes with a centralized Shari’ah authority in the form of the Shari’ah Supreme Council (Article 5, Federal Law No. 368 more words

Finance

Evernote:» 3 Of The 10 Largest Economies In The World Have Already Fallen Into Re cession – Is The U.S. Next? Alex Jones' Infowars: There's a war on for your mind!

3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?

Are you waiting for the next major wave of the global economic collapse to strike? 6 more words
Islamic Finance

Islam & Personal Finance Course this Saturday!

Join us this Saturday for Part 2 of our Islam & Personal Finance course! This topic has always mystified me, but Monem Salam offers clear, down-to-earth and approachable explanations. 46 more words

Islamic Finance

Alternative Benchmarks to be Used in Place of LIBOR in the Islamic Financial System

Foreward

London Interbank Offering Rate is one benchmark currently used in many Islamic finance transactions. However under Islamic law the use of interest is prohibited so any apparent resemblance to interest should be avoided. 197 more words

Islamic Finance