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Dr Shariq Nisar makes again Indian Muslims proud

Dr Shariq Nisar makes again Indian Muslims proud

Mumbai: (Maeeshat News Network) Dr Shariq Nisar Former fellow Harvard University, USA  is ready to glitter once again by nominated in honorary awards in Islamic finance domain from Islamic Finance Forum of South Asia.  He is the first person to ...

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Sharjah Islamic Bank wins ‘Award’ from AECB

Sharjah Islamic Bank wins ‘Award’ from AECB

Sharjah, (IINA) – The Sharjah Islamic Bank (SIB) voted the “Best Islamic Bank in the UAE” at the World Finance Awards 2016, on Sunday. More honours have been bestowed as it has received the “First Successful Data Submission Award” from ...

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Dr. Ahmed Ali: Architect of Islamic financing

Dr. Ahmed Ali: Architect of Islamic financing

Jeddah (IINA) – Dr. Ahmed Muhammad Ali is stepping down as president of the Jeddah-based Islamic Development Bank (IDB) Group after serving at the helm of the Islamic world’s biggest financial institution for several decades. He is set to hand ...

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IDB signs SR200m rural health plan for India

IDB signs SR200m rural health plan for India

By SIRAJ WAHAB JEDDAH: The Jeddah-based Islamic Development Bank (IDB) has signed a SR200 million agreement with an Indian non-governmental organization (NGO) to provide medical care for poor rural people. The money is part of a SR1 billion donation which ...

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Case for interest-free banking and finance

Case for interest-free banking and finance

As many as 75 countries across the world have adopted the system. The operational term in many cases is not ‘Shariah’ but “interest-free” banking.   By K C Tyagi,   In an open letter addressed to the citizens of the ...

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ISLAMIC BANKING – NATIONAL AND INTERNATIONAL ISSUES

ISLAMIC BANKING – NATIONAL AND INTERNATIONAL ISSUES

By H ABDUR RAQEEB (General Secretary, Indian Centre for Islamic Finance (ICIF) ISLAMIC BANKING has emerged as a viable and possible alternative to conventional banking after the financial Tsunami of 2008 in the west particularly the sub-prime housing mortgage crisis ...

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