Special Report on
The Foundations of Islamic Finance
The Foundations of Islamic Finance - Trends
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LONDON: Zeti Akhtar Aziz, governor of Bank Negara Malaysia, the central bank, took the message of the Islamic finance proposition to the heart of continental Europe when she gave the inaugural global lecture at Goethe University following the opening earlier of the inaugural Official Monetary and Financial Institutions Forum (OMFIF) in early March 2010 in Frankfurt, Germany. Germany, which ought to be the closest partner of Islamic finance because of its tradition of mutual savings societies and cooperatives, has been relatively absent from the Islamic finance space, allowing US, UK, French, Swiss and Japanese financial ...
As financial woes ripple across the globe more property developers are looking at Islamic finance to provide a more stable base for projects, it is claimed. 'Financing based on Islamic rules requires that gains are derived from ethical, shared investment rather than being interest-based. Therefore it has sidestepped the credit crunch,' said Swati Taneja, conference director of the twice-yearly International Islamic Finance Forum which takes place this October in Turkey. 'The downturn in the international property markets has hit conventional realty firms as ... Read More
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THE FOUNDATIONS OF ISLAMIC FINANCE
6/16/10: White House Press Briefing
6/22/09: White House Press Briefing
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