ARTICLES
Islamic banks must adapt to survive
2009-07-03
If Islamic banks in the Gulf Arab region are to survive the global recession, they need to revamp their business model and reduce their exposure to real estate.Whilst Islamic banks have been hailed for their relative immunity from the ...
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Australia eager to embrace Islamic finance
2009-07-03
Australia’s financial services sector contributes to over 8 percent of the country’s GDP and covers areas including banking, insurance, investment, and fund management.  However, despite the success of the country’s financia...
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Kuwait – a growing force in the Islamic finance sector
2009-07-02
Since the onset of the global downturn, the Islamic finance sector has attracted attention as a potentially profitable alternative to conventional banking.  In Kuwait, the sector continues to grow.The region is gradually pronounci...
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PRESS REVIEW
International Islamic Investment and Economic Centre to showcase Islamic banking products
2009-07-03
OIC International Business Centre Sdn Bhd is considering setting up an International Islamic Investment and Economic Centre at the Port Klang Free Zone (PKFZ).Chief Executive Officer Datuk Dr Raha Mohamad Abdullah said that the centre ...
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Standard & Poor’s named Best Takaful Ratings Agency
2009-07-03
Standard & Poor’s has been voted the Best Takaful Ratings Company at the International Takaful Awards.  Standard & Poor’s received the award at the International Takaful Summit in London."We are thrilled to be ...
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SIIB launches new Islamic banking products
2009-07-03
Syria International Islamic Bank (SIIB) has launched four new Islamic banking products.The bank’s new products include Ijarah, Musharaka, Moutanakissa (Diminishing Musharaka), and Qard Al Hassan and manufacturing contracts (lstis...
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FINANCIAL DIRECTORY
Amanah banking without compromising your beliefs
2008-04-01
The Amanah Bank Account has been created to provide a Shariah compliant way of handling your day-to-day finances.You get all the functionality you would expect from a leading current account: cheque book and Amanah debit card, standing or...
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