Sharia-compliant

Type: Keyphrase
Name: Sharia-compliant
First reported Jul 29 2014 - Updated Jul 30 2014 - 1 reports

KCB to Launch Sharia Compliant Services

KENYA Commercial Bank plans to launch Islamic- based financial services next month after securing regulatory approvals. The regional bank already offers Sharia banking products in Tanzania. "Islamic banking proposition is part of our financial inclusion ... [Published Crawford Financial Planning - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Untapped demand: Islamic mortgages

Sharia-compliant mortgages are designed to let Muslims borrow and save while staying in line with Islamic Law, which forbids the paying or receiving of interest, which is known as ‘riba’.From 2002 UK banks, led by Lloyds and HSBC, tried to appeal to British ... [Published Mortgage Introducer - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Law Society Sharia wills guidance “cannot change the law”, justice minister says

The government has refused to be drawn into the row over controversial advice from the Law Society on Sharia-compliant wills, but insisted that it “does not, and cannot, change the law”.Justice minister Shailesh Vara told MPs: “The courts will continue ... [Published Legal Futures - Jul 28 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

DIB's net profit soars 59.6pc to $181.8 million

DUBAI: Dubai Islamic Bank (DIB), the UAE's largest Sharia-compliant lender, posted a 59.6 per cent jump in second-quarter net profit yesterday, aided by higher fee and investment income.Beating analysts' forecasts, the bank made 667.5 million dirhams ... [Published Gulf Daily News - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Islamic financing to overtake conventional banking in Kuwait

Commercial Bank to provide Sharia-compliant products and servicesKUWAIT CITY, July 24: An increasing number of Kuwaiti lenders are moving away from traditional banking in a bid to tap into a booming market for Sharia-compliant financial products in the ... [Published Arab Times - Jul 25 2014]
First reported Jul 20 2014 - Updated Jul 21 2014 - 2 reports

New UAE central bank facility to ease liquidity shortfalls

UAE Banks Federation worked closely with central bank in creating the Interim Margin Lending Facility Dubai: The UAE Central Bank’s initiative to provide a new lending facility to assist banks which face short-term liquidity shortfalls is the result of ... [Published Gulf News - Jul 20 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Bank to launch Islamic fund

RIO DE JANEIRO: A unit of Brazilian state-run lender Banco do Brasil plans to launch its first Islamic fund to help raise the profile of its Singapore unit, joining a growing list of asset managers returning to the Sharia-compliant sector.The last few ... [Published Gulf Daily News - Jul 18 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 1 reports

Jaiz Bank Chairman Advocates Sharia-compliant Instruments For MSMEs

— July 17, 2014The chairman of the Board of Directors of Jaiz Bank Plc, Umaru Mutallab, has   charged the Central Bank of Nigeria (CBN), and other regulatory authorities in the banking sector to urgently consider developing Sharia-compliant liquidity ... [Published Leadership - Jul 17 2014]
First reported Jul 15 2014 - Updated Jul 16 2014 - 2 reports

Path Solutions is No. 1 best selling Islamic software provider worldwide for fifth year

Path Solutions is No. 1 Best Selling Islamic Software Provider Worldwide for Fifth Year In This Article Path Solutions Related BuzzFeed considers 2015 Middle East expansion IBS Sales League Table 2014 recognizes Path Solutions as the world's premier provider ... [Published Zawya.com - Jul 16 2014]
First reported Jul 14 2014 - Updated Jul 15 2014 - 2 reports

AL SALAM BANK : Finance scheme

Tamkeen and BMI Bank , a subsidiary of Al Salam Bank – Bahrain announced an extension of alliance providing Sharia-compliant financing for enterprises within the local private sector to fulfil their financial needs at a competitive cost. Launched in 2010, ... [Published 4 Traders - Jul 15 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 2 reports

GIB launches Saudi retail banking service

MANAMA: Bahrain-based conventional wholesale institution Gulf International Bank (GIB) has launched retail banking services in Saudi Arabia under the brandname, "Meem". In a statement on its website, GIB said Meem will offer a suite of Sharia-compliant ... [Published Wall Street Business Network - Jul 09 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 1 reports

Sharia-compliant pension will cost more

Muslims workers wanting a scheme sensitive to their beliefs could pay up to twice as much in charges as colleagues enrolled in mainstream funds ... [Published FT.com - Financials - Jul 04 2014]

Quotes

...The regional bank already offers Sharia banking products in Tanzania. "Islamic banking proposition is part of our financial inclusion agenda ..."
Wasteney said she was challenging her employers in court because political correctness in the NHS was stifling ordinary conversations about faith. "I believe in tolerance for everyone and that is why I am challenging what has happened to me" she said

More Content

All (156) | News (116) | Reports (0) | Blogs (23) | Audio/Video (0) | Fact Sheets (15) | Press Releases (1)
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Seven Strategies to Attract 40+ Million New Cus... [Published NextBillion.net - 16 hours ago]
Al Khozama is aiming for new highs [Published TTN Worldwide - 18 hours ago]
UK, PHL working on regulatory framework for Isl... [Published Business Mirror - Jul 30 2014]
KCB to Launch Sharia Compliant Services [Published Crawford Financial Planning - Jul 29 2014]
Untapped demand: Islamic mortgages [Published Mortgage Introducer - Jul 29 2014]
Law Society Sharia wills guidance “cannot chang... [Published Legal Futures - Jul 28 2014]
Banking on Bangsamoro [Published Philippine Daily Inquirer - Jul 27 2014]
ACT! FOR CANADA NEWSLETTER - JULY 25, 2014 [Published Solsticewitch13's BOS - Jul 26 2014]
DIB's net profit soars 59.6pc to $181.8 million [Published Gulf Daily News - Jul 25 2014]
Britain’s Trojan war [Published Intersec - Jul 25 2014]
Islamic financing to overtake conventional ban... [Published Arab Times - Jul 25 2014]
NEST CIO warns of ‘regret risk’ in alternative ... [Published Investment Pensions Europe - Jul 24 2014]
Dubai Islamic Bank posts 59.6% gain in second-q... [Published Abu Dhabi National - Jul 24 2014]
Merger Could Trigger Islamic Banking Boom [Published Business Monitor International - Jul 23 2014]
Emirates Reit profits up 194 per cent in first ... [Published Abu Dhabi National - Jul 23 2014]
Jadwa's Food and Beverage Opportunity Fund comp... [Published Zawya.com - Jul 23 2014]
Report from July 2014 DPOC meeting [Published IAS Plus - Jul 23 2014]
The Salafi Dawa of Alexandria [Published Hudson Institute - Jul 22 2014]
Celebrating diversity means imposing misogyny [Published Spectator - Jul 22 2014]
Celebrating diversity means imposing misogyny [Published The Coffee House | Politics and News Discussion ... - Jul 22 2014]
Residents warned against slaughtering animals a... [Published Gulf News - Jul 22 2014]
Dubai – the rising financial capital [Published SME Advisor - Jul 21 2014]
NASDAQ Dubai index, DP World rise in lockstep [Published AME Info - Jul 21 2014]
iMAL Positioned as ‘Best Global Islamic Banking... [Published Technology Banker - Jul 21 2014]
UAE credit bureau expectations evident in quart... [Published Abu Dhabi National - Jul 20 2014]
New UAE central bank facility to ease liquidity... [Published Gulf News - Jul 20 2014]
UAE Central Bank creates short-term lending fac... [Published Abu Dhabi National - Jul 20 2014]
Ithmaar announces winner of $100,000 cash prize [Published 24x7 News - Jul 20 2014]
iMAL named Best Global Islamic Banking Software... [Published Bobsguide - Jul 18 2014]
Investing in Nigerian Real Estate – Transaction... [Published Ventures Africa - Jul 18 2014]
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Blogs

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ACT! FOR CANADA NEWSLETTER - JULY 25, 2014 [Published Solsticewitch13's BOS - Jul 26 2014]
a href="http://s1150.photobucket.com/user/ActCAN/media/ACT%20NEW%20LOGO/logo2_zpscb00ce19.jpg.html" target="_blank"> !--[if gte mso 9]><![endif]--> “Liberty does not exist in the absence of morality.” ~  Edmund Burke ~ JOYFUL ...
MICROCAPITAL BRIEF: Pakistan-based Microfinance... [Published MicroCapital - Jul 03 2014]
The Wasil Foundation (Wasil), a nonprofit that aims to alleviate poverty through enterprise development in Pakistan, has won the 2014 Islamic Microfinance Challenge, a competition that promotes Sharia-compliant microfinance products, which prohibit interest ...
Pakistan's Wasil Foundation Wins Islamic Microf... [Published PR Newswire: Policy & Public Interest - Jun 17 2014]
WASHINGTON, June 17, 2014 /PRNewswire/ -- The Wasil Foundation, a Pakistan-based microfinance institution, won the Islamic Microfinance Challenge, a global contest to identify innovative Sharia-compliant financial products. Wasil won the $100,000 ...
A Month of Islam in Britain [Published Solsticewitch13's BOS - May 27 2014]
br />!--[if gte mso 9]><![endif]--> Visit our News page A MONTH OF ISLAM IN BRITAIN Last month, former British Prime Minister Tony Blair warned, “The threat of radical Islam is notabating. It ...
Decapitation, Morality Squads and "Five-Star Ji... [Published Solsticewitch13's BOS - May 20 2014]
br />!--[if gte mso 9]><![endif]-->     In this mailing: Soeren Kern: Decapitation, Morality Squads and "Five-Star Jihad" Avideh Motmaen-Far,Shabnam Assadollahi, et al: Iran: A Big Lie and Getting Away With It Mohshin Habib: ...
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Press Releases

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BGC Partners And The DMCC Announce Partnership ... [Published Financial Services - Mar 04 2014]
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