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Interest in Shariah Investments Will Grow – Analyst

Interest in Shariah Investments Will Grow – Analyst

UK-based global investment group Aberdeen is confident that interest in Shariah investment will grow, citing positive growth trends in the industry since 2009.

Islamic finance training for American Imams introduced

The first-ever Islamic finance training catered to over 100 Imams in the US will be introduced to raise the level of knowledge and understanding of Islamic financial transaction law.

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Why Islamic finance lacks integration with Halal SMEs

Islamic finance is still essentially risk-averse and short-term in its outlook, and Islamic investors share the same view with their bankers and prefers not to invest in Halal businesses and SMEs.

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French banks to develop Islamic finance

France plans to develop Islamic finance and attract investment from the Gulf to its economy, State Secretary for Foreign Trade Pierre Lellouche said.

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Indonesia relaxes rules to spur Islamic banking

Indonesia’s central bank is aiming to simplify the approval process for Islamic banking products to accelerate the development of the country’s Islamic finance industry.

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Iran-Turkey trade hits $7.5b, $30b by 2015

The volume of annual trade exchanges between Iran and Turkey has reached US$7.5 billion, indicating a growing trend in Tehran-Ankara economic interactions, a Turkish official says.

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Mersch: Islamic banks can help financial stability

Islamic finance can enhance the financial system’s stability but shortcomings in standardisation and liquidity management must be tackled, said European Central Bank policymaker Yves Mersch.

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Two Malaysian mega Islamic bank licenses awarded

The Malaysian central bank has given two conditional licenses to separate foreign parties to establish mega Islamic banks in the country, with minimum $1 billion in paid up capital.

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Is Islamic Finance the new challenge to Wall Street?

Will Islamic finance be a serious challenge to traditional Wall Street finance? That is a question that deserves a good answer, writes Andrew Sheng of The China Post.

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Islamic Finance Royal Award for Shaikh Saleh Kamel

Shaikh Saleh Abdullah Kamel has been awarded the Royal Award for Islamic Finance for his visionary drive, leadership and commitment in the overall development of Islamic finance.

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