Tagged: Albaraka Bank

Islamic Finance in Africa to take off in 2012

Islamic Finance in Africa to take off in 2012

Islamic finance banking options are progressively being seen as a viable alternative to traditional banking services in Africa and are growing to found not only the African Islamic community but all those searching for an interest-free banking alternat…

New Islamic tax laws ‘will spur investment’

New Islamic tax laws ‘will spur investment’

NEW tax laws will level the playing field between Islamic banks and conventional banking, say banking and tax analysts. The new laws are intended to encourage foreign direct investment into SA, says Amman Muhammad, MD for Absa Islamic Banking. Islamic …