The Islamic Financial Services Board (IFSB) is organising its first Seminar focusing on the Islamic financial services in Africa which will be held on 6 to 7 September in Mauritius, hosted by the Bank of Mauritius. This Seminar is targeted at regulator…
The statement of Iqbal Belath, Deputy Governor, Bank of Mauritius, points out the fact that the bank has already given licences to two banks to launch Islamic banking services. The statement was given at the International Conference on Islamic Banking …
Mauritius’ first fully-fledged Islamic bank launched operations on Thursday, as the Indian Ocean island seeks to become a regional Islamic banking hub.
Hesham Shokry is the chairman of Century Bank. He points out that its first two to three years would…
The International Islamic Liquidity Management Corporation (IILM) is expected to issue the first Shariah-compliant financial instruments by year-end.
The minimum size of the instruments could be US$300 million depending on the market demand.
The IILM w…
Billionaire Jignesh Shah-promoted Financial Technologies said it will launch three new international exchanges, including Bahrain Financial Exchange and Singapore Mercantile Exchange, this year.
The SMX (Singapore Mercantile Exchange) will go live in A…
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