Muscat: Bank Nizwa, Oman's Islamic financial institution, signed an OMR 19.5 million agreement for Sharia-compliant
financing facilities with Raysut Cement Company (RCC), the Sultanate's largest cement manufacturer.
Rabat A new report from the ratings agency Fitch Ratings has nofollow" data-wpel-link="externalargued that Morocco's attempts to establish a sharia-compliant
financial infrastructure continue to be impeded by various challenges.The Moroccan government has recently approved a new law concerning sharia-compliant
insurance, known as takaful, earlier this month on July 10.
Officials from the Corniche Diaspora Kenya Qatar Savings and Credit Cooperative Organisation (Sacco), popularly known as 'Corniche Sacco', a saving and credit cooperative society for Kenyans living and working in Qatar, hosted a gathering to enlighten people about Sharia-compliant
products they can benefit from.
today adopted a list of Sharia-compliant
companies for the first quarter
"This agreement is in line with the bank's initiative to expand its range of financial products to not only include loans for low-income and micro-entrepreneurs, but also to those looking for Sharia-compliant
financing," said Ebdaa Bank chief executive Dr Khalid Al Ghazzawi.
Moving forward, a stronger attention will be given to designing sharia-compliant
products that responds to the aspirations of our clients.
Summary: Bourse became the world's first Sharia-compliant
exchange in 2007
Islamabad -- Pakistan's capital market regulator has granted approval to the country's sole reinsurer to offer sharia-compliant
reinsurance, part of efforts to boost the fledgeling Islamic insurance (takaful) sector.
Summary: Barwa Bank announced that it signed a final agreement with conventional lender International Bank of Qatar for a merger to create a Sharia-compliant
financial institution with a solid financial position and robust liquidity.
Summary: Dubai-based OneGram Group has listed a cryptocurrency it bills as sharia-compliant
on the company's virtual exchange and is planning additional listings in coming months, its chief executive said on Tuesday.
This is to state that National Savings Organzation has already framed a Sharia-compliant
structure to offer Sharia-compliant
HPPs are sharia-compliant
instruments used to fund residential property purchases.