Islamic finance set sights on standard for gold-based products
A top guideline-setting body for Islamic finance is developing a standard for gold-based products in the industry, a move that could allow the use of bullion in a wide range […]
Tag Archives: Islamic banking
6 Key trends that will transform Islamic finance in 2016
The concept behind Islamic banking can be reduced to a couple of simple axioms. You can’t make money for no effort. Money can’t be used to produce money, so interest […]
Nigeria central bank sets guidelines for Islamic finance advisory body
Nigeria’s central bank has issued guidelines for an advisory body that will oversee Islamic banking in the country, becoming the latest regulator to opt for a centralised approach to the […]
Pakistan central bank to phase in new Islamic finance rules
Pakistan’s central bank will phase in new capital adequacy rules for Islamic banking subsidiaries and trade sharia-compliant government debt in the open market, addressing a lack of liquidity management tools […]
Bahrain to hold Islamic Banking Conference
The 21st annual edition of the World Islamic Banking Conference (WIBC 2014), which will be held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, The Prime Minister […]
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