Saturday 23 May 2015
 
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Islamic

IS hacks website of cultural centre in Bahrain

Hackers claiming allegiance to the Islamic State (IS) terrorist group have brought down the website of a Bahraini cultural institution. The website of the Isa Cultural Centre (www.icc.gov.bh), in Juffair, was targeted on May 18 by

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ADIF, SRB to establish Kazakhstan as 'Islamic financial hub'

The Association for Development of Islamic Finance (ADIF) has signed a deal on co-operation with Shariyah Review Bureau (SRB) to establish Kazakhstan as an Islamic financial hub of Central Asia. ADIF solely supported by National B

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Islamic asset managers 'need to boost services'

Almost 70 per cent of Middle Eastern wealth is transferred overseas, an expert has warned. To attract this wealth, Islamic asset managers need to compete with institutions overseas by providing both attractive yields and a superio

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Islamic investments, funds up 10pc in Bahrain

Bahrain's Islamic investments and funds have grown by about 10 per cent annually for the last few years and prospects remain positive, a senior regulatory official has said. Central Bank of Bahrain (CBB) executive director of

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Islamic funds 'playing major role in sector'

More than 200 industry leaders and key decision-makers representing over 115 international and regional organisations have gathered in Bahrain to discuss prospects in the Islamic investments industry. Convened under the patronage

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QInvest hosts graduates from Paris Dauphine University

QInvest, a leading investment bank in Qatar and one of the most prominent Islamic financial institutions globally, is part of a select group of Islamic financial institutions chosen to host graduates of the Executive Master’s programme in

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QInvest hosts graduates from Paris Dauphine University

QInvest, a leading investment bank in Qatar and one of the most prominent Islamic financial institutions globally, is part of a select group of Islamic financial institutions chosen to host graduates of the Executive Master’s programme in

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Demand to ban conventional banks in Bahrain rejected

MPs demands to ban conventional banks and allow only Islamic banks to operate in Bahrain have been shot down by Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa. He said that Bahrain was trying to become a regional Islamic ba

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Islamic funds in spotlight at key Bahrain forum

The annual World Islamic Funds and Financial Markets Conference (WIFFMC) to be held in Bahrain next week expects to build on a decade of success. Scheduled for May 18 and 19 at the Gulf Hotel, WIFFMC is billed as a high-profile ga

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China's ICBC eyes Islamic finance in tie-up with IDB

The Jeddah-based Islamic Development Bank said it was teaming up with an arm of Industrial and Commercial Bank of China to look for business opportunities, in a sign of growing Chinese interest in Islamic finance. The Islamic Corp

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