Islamic Scholars Discuss Cryptos At Forum
THE world’s top Islamic finance scholars are scrutinising the validity of cryptocurrencies, as debate grows in the industry as to whether they can be deemed sharia compliant…....
Day: April 27, 2018
$100m Islamic Bank Coming Up In Dubai
DUBAI INVESTMENTS, a diversified company in which Investment Corporation of Dubai, the emirate’s sovereign wealth fund has an 11.54 percent stake, is leading a group of investors who will set up a $100 million Islamic bank that will list on Nasdaq Dubai…....
Halal Trade, Tourism Booming In Bosnia
BOSNIAN banks, food producers and hoteliers are adopting halal standards to tap a fast-growing market thanks to the country’s large Muslim population, an influx of Gulf tourists and growing trade with the Arab world…....
Turkey’s State-Run Bank Applies To Sell $127m Islamic Bonds
THE Islamic lending arm of Turkey’s state-run Vakifbank has applied to sell 500 million lira ($127.4 million) worth of Islamic bonds, or sukuk, according to a regulatory filing…....