Islamic finance

Islamic finance body IIFM to develop trade, corporate finance contracts

MANAMA: The Bahrain-based International Islamic Financial Market (IIFM) will develop contract templates for sharia-compliant corporate… Read More

Pakistan's Asia Insurance to enter takaful market

LAHORE: Lahore-based Asia Insurance Company Ltd will seek shareholder approval next week to offer Islamic… Read More

Indonesia sharpens centralised Islamic finance oversight

JAKARTA: Indonesia's capital market regulator has signed an agreement with the country's national sharia board… Read More

Islamic finance body AAOIFI picks up pace with new standards

RIYADH: The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has issued two… Read More

SBP to phase in new Islamic finance rules

ISLAMABAD: State Bank of Pakistan (SBP) will phase in new capital adequacy rules for Islamic… Read More

Oman sets up central sharia board in move to boost Islamic finance

MUSCAT: Oman's central bank has set up a sharia supervisory board to help oversee the… Read More