Sharia’h compliant insurance products will now be available in the market with the entry of Takaful Insurance of Africa.
In a speech read on his behalf by Tourism Minister, ccc, Vice President Kalonzo Musyoka noted that Takaful encourages policyholders…
Rage at Bahrain’s Sunni ruler, King Hamad Bin Isa Al Khalifa, permeated the March 22 funeral of the first woman killed after his crackdown against the opposition a week earlier. The slogans show how protesters have been radicalized by the violence ag…
Islamic finance has been given the boost it needed in the Gulf by a Qatari ban on conventional banks offering sharia-compliant services.
Qatar’s move last month draws a line in the sand between Islamic banks and their conventional peers, which contro…
Educational courses on Islamic economy are going to be eld by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in Paris, France. The participants will become familiar with Islamic Shari’a in economic fields.
A first fully Shariah-compliant insurance cover initiative has been launched in Kenya. The Takaful Insurance of Africa Limited has introduced an insurance package grounded in Islamic Muamalat, the Islamic Banking Principles espoused in Islamic law and …
Qatar National Bank Group Chief Executive Officer called on GCC banks to integrate. Ali Shareef Al Emadi expressed his oppinion and said that banks in the region are relatively small compared to institutions in many other parts of the world. To overcom…
The number of projects registered under the Dubai Land Department’s (DLD) Tayseer programme has reached 114 and the first funding agreement under the scheme is expected to be finalised soon.
Until now, seven banks have signed with the DLD for financi…
The slow rate of reforms on laws governing Islamic banking is holding back the sector’s growth potential in the region and its contribution to the economy.
As a result, Kenya risks losing investment to Uganda that has fully revised its banking rules …
Qatar Exchange (QE) along with the Qatar Chamber of Commerce and Industry (QCCI) in conjunction with The Qatar Institute of Directors (QID) is organising a Conference on Corporate Governance for Family-Owned Companies at the Doha Sheraton Hotel.
The co…
Kuveyt Turk Participation Bank (KTPB) has set the tone by venturing abroad into Germany, Dubai, Bahrain and Kazakhstan and by pioneering new products based on physical gold and exporting them to markets in Malaysia and elsewhere through the global netw…
