KARACHI -- Standard Chartered Pakistan, the first International conventional Bank in the country, has established a Shariah
The Securities Commission Malaysia (SC) today released an updated list of Shariah
-compliant securities approved by its Shariah
Advisory Council (SAC).
This is how the final document of Islamic Shariah
framework is produced.
The SECP, in a statement here Sunday, said the initiative was aimed at promoting Shariah
compliance in the capital market of the country.
This study adopted quantitative research method and purposively selected 36 out of 43 listed construction companies (29 Shariah
-compliant, 7 Shariah
non-compliant) to be assessed with other KLSE sectors.
Danamon) through its shariah
business unit, Danamon Syariah, has signed a cooperation agreement on Shariah
Joint Trade Financing in Indonesia with the International Islamic Trade Finance Corporation (ITFC), an international financial institution and member of the Islamic Development Bank (IDB) Group.
Global Banking News-December 4, 2014--Bahrain to develop central shariah
board for Islamic banks
In present times, most of the contracts, claims, and commercial managers etc working in Middle East and Gulf states are always seeking to have more awareness of Islamic Shariah
and its implementation in the commercial contracts and transactions.
Participants at the Alinma Bank's Shariah
standards hearing session in Riyadh.
Falah Capital, a US-based investment group, said its flagship Islamic exchange traded fund (ETF) certified for shariah
compliance by Shariyah Review Bureau, has been listed on the New York Stock Exchange (NYSE).
Highlighting that there are two types of non-Muslim investors looking at Islamic products; he said the first group are those attracted to the ethical and social characteristics of the assets Shariah
funds invest in; those investors for which environmental, social and governance factors are an important investment criterion.
The National Bank of Abu Dhabi said on Tuesday it has launched the NBAD Shariah
Mena Dividend Leader Fund, which invests in select dividend paying companies traded on the equity markets in that region.