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Islamic finance, money matters

Dubai: Islamic finance qualifications in demand as industry takes off

Companies in the UAE will require a lot more than 8,000 new employees trained in Islamic finance next year as Dubai positions itself as the capital of the $8 trillion Islamic economy…

Sharia-consistent financing is quickly developing in the UK and has turned into a “budgetary powerhouse”, as stated by master possession director London Central Portfolio. Nonetheless, the firm included that there are still constrained financing alternatives in the area.

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Turkey has significant potential in the sector of Islamic insurance, as participation banks in Turkey held $39 billion in Islamic assets in 2012 and these are expected to grow to $121 billion by 2018, according to Ernst & Young (EY)…

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Non-Muslims are equally as loyal to the Islamic Bank of Britain and Sharia finance once they have become customers and this suggests even broader growth potential for the bank across the general UK banking market…

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Dubai will soon launch an international accreditation centre for Halal food as part of the emirate’s drive to become the world’s capital for the Islamic economy.

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Islamic Shariah-compliant banks should be named ethical banks because their present name has monopolizing implications and banks are just a small part of the overall Islamic economy, a prominent Saudi Islamic banker has said…

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Australian fund manager Crescent Wealth plans to launch an Islamic fund investing in commercial property next year as it expands its range of products, its top executive said.

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Shares in Twitter Inc have been found eligible for investment by Islamic funds, according to IdealRatings, a company that screens stocks to determine whether they meet Muslim principles…

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A recent study by al Sharq revealed that Qatar’s investments in the UK, France and Germany have amounted to 65 billion USD. The investments are concentrated largely in Western European countries…

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When it comes to the economy the Muslim community is more resilient and proving to be a real asset for the country. This is being acknowledged by more and more people. According to the Muslim Council of Britain (MCB)…

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