Sunday 14 February 2016
 
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Shariah

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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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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Takaful Emarat signs insurance deal with developer

UAE-based Takaful Emarat, a Shariah-compliant life and health insurer, has signed an agreement with Wahat Al Zaweya Company to act as the exclusive provider of death and disability insurance to its home mortgage client base. Under

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Meezan nominated for sharia authenticity award

The awarding body of Global Islamic Finance Awards (GIFA) 2015 has nominated Meezan Bank, Pakistan’s largest Islamic bank, for a sharia authenticity award. This year’s GIFA Awards ceremony is scheduled to be held next Monday (Septe

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BIBF signs deal with Malaysian Islamic finance academy

Bahrain Institute of Banking and Finance has signed a memorandum of understanding with Malaysia's International Shariah Research Academy for Islamic Finance. Signed by BIBF academic studies and Islamic finance studies centre h

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BIBF signs deal with Malaysian Islamic finance academy

Bahrain Institute of Banking and Finance has signed a memorandum of understanding with Malaysia's International Shariah Research Academy for Islamic Finance. Signed by BIBF academic studies and Islamic finance studies centre h

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Dealing with project risks and liabilities, the Saudi way

The Egyptian Civil Code is the source of vast majority of the laws in the Middle East including the UAE, Qatar, Kuwait, Jordan, Libya and Syria. However, in Saudi Arabia, there is no civil code, but Shari’ah law, in essence,

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Tamwily, SRB in deal to meet shariah compliance needs

Saudi Arabia-based finance company Tamwily and Shariyah Review Bureau (SRB) have signed a partnership deal covering shariah supervision, monitoring and shariah supervisory audit. The agreement comes as Tamwily seeks to integrate s

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Falah Capital listed on New York Stock Exchange

  Falah Capital, a US-based investment group, said its flagship Islamic exchange traded fund (ETF) certified for shariah compliance by Shariyah Review Bureau, has been listed on the New York Stock Exchange (NYSE). The

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NBAD launches shariah dividend fund

The National Bank of Abu Dhabi (NBAD) has launched its NBAD Shariah Mena Dividend Leader Fund, which will invest in select dividend-paying companies traded on the most promising Mena equities markets. The fund has been inspired by

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