Tuesday 11 December 2018
 
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Shariah

Deloitte launches paper on common practices for Sukuk

Deloitte, in collaboration with the International Shariah Research Academy (ISRA), has just launched a new whitepaper inviting experts to share their perspectives on processes for global common practice of the Sukuk markets. Deloi

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Turkey firm enlists SRB for Sharia compliance

Turkey based Investrade Portföy Yönetimi AS (IPY) has appointed Shariyah Review Bureau (SRB) to help ensure Sharia compliance for its Investments Funds, portfolio management and distribution services business.   IPY

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DGCX August volumes soar on Shariah partnership

Dubai Gold and Commodities Exchange (DGCX) said it has recorded its highest ever daily Indian Rupee (INR) volume, trading 126,055 contracts on August 13.    On the same day, the DGCX’s overall volume t

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Physical Gold Fund SP announces Shariah compliance

Physical Gold Fund SP (PGF), a world leader in physical allocated gold, has announced that it has been endorsed as Shariah-compliant by Amanie Advisors, a leading Shariah advisory firm specializing in Islamic finance solutions. Am

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National Bonds sees 20pc rise in regular savers

National Bonds Corporation (NBC), a leading Sharia-compliant savings and investments company in the UAE, has announced a 20 per cent increase in regular savers during 2017. Based on the company’s latest profit results, Natio

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UAE leads Arab markets in Islamic fintech

UAE leads Arab markets in Islamic fintech, following Malaysia and the UK in terms of the number of Islamic fintech start-ups per market, according to new analysis from Bloomberg, a global business and financial information and news leader.

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Bahrain issues crowdfunding regulations

The Central Bank of Bahrain (CBB) has released regulations for both conventional and Shari’a compliant financing-based crowdfunding businesses. For the first time it will be possible for small and medium sized businesses in

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DFM wins top award for Shariah-compliant listings

Dubai Financial Market (DFM) has been recognized as the Best Stock Exchange for Shariah-Compliant Listings as part of Global Finance magazine’s ninth annual review of the World’s Best Islamic Financial Institutions. Wi

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Pegasus Agriculture investment product ‘shariah compliant’

Pegasus Agriculture, one of the leading practitioners of hydroponic agriculture, recently announced that its hydroponic investment product is now officially shariah compliant. The firm has been issued a certificate from the Shariah Supe

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Saudi home finance company starts operation

Saudi home finance company Bidaya has launched operations in the kingdom with a capital of SR900 million ($240 million) in bid to boost home ownership across the kingdom. It is a joint venture between the finance ministry’s Public

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