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Kazakhstan based Mudarabah Capital has announced the engagement of Shariyah Review Bureau to certify and supervise its investment opportunities.This is the first such Sharia compliant offering by Mudarabah Capital and...
UAE-based Dana Gas, the largest regional natural gas company in the Middle East, said it has won approval from its key investors to complete the consensual restructuring of its $700...
Modaraba - A unique model - Print  Business Recorder Source link
The Board of Directors of the International Islamic Financial Market (IIFM) has decided to proceed with the publication of IIFM Sukuk Al Ijarah Standard Documentation which was postponed earlier this year due to Covid-19.The suite of documentation will...
MANAMA: The International Islamic Financial Market (IIFM), a Bahrain-based standard-setting body, has published its sukuk al ijara standard documentation templates.The suite consists of template prospectus, sale and purchase agreement, ijarah agreement, service agency agreement, purchase undertaking, sale and...
Amanat Holdings, a leading integrated healthcare and education company, has announced a net profit of Dh9.5 million ($2.58 million) for the first quarter of 2016, compared to Dh1.5 million reported...
Sukuk issuance up 5.5pc to $123bn in 2018  Trade Arabia Source link
By Frank Obaro The storm surrounding the introduction of Non-Interest Banking (NIB) commonly called Islamic banking is gradually settling down and it is important to begin to exhume the challenges that might crop up in its operations with particular...
The Organisation of Islamic Cooperation (OIC) has 57 member countries. The top 10 by GDP account for almost 73% of the OIC’s total GDP. Thus, the overall economic well-being of the Muslim world is dependent on the performance...

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