Archive for the ‘Islamic Banking Trends’ Category
Friday, February 22nd, 2008
Via Pakistan's Online News Network today:
KARACHI: Governor State Bank of Pakistan Dr. Shamshad Akhtar has said that Islamic Banking industry is showing promising signs of sustainable growth. She expressed these views while briefing the media while inaugurating Meezan Bank’s 100th branch here on Thursday.
She said that the beauty of Islamic ...
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Thursday, January 31st, 2008
Via Manama, Bahrain, Gulf Daily News:
MANAMA: Islamic banks face specific categories of financial risks compared to conventional banks, says an industry report.
According to research by Moody's Investors Services the most critical risks are entanglement and displaced commercial risks.
"The first one reflects the fact that each Sharia-compliant transaction tends to include ...
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Thursday, October 11th, 2007
By Aaron MacLean
From the March/April 2007 Issue of "The American"
Muslim scholars say the Qur’an prohibits collecting interest on loans. But many banks, both global and local, have found clever ways to meet religious ...
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