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Saudi IRTI launches core principles for waqf operationsSaudi-based Islamic Research and Training Institute (IRTI) has partnered with Bank Indonesia and Indonesia Waqf Board to unveil a set of principles that will facilitate effective management of Islamic endowments to help harness potentials of t More… |
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IIFM, ISDA publish Islamic credit support deedThe International Islamic Financial Market (IIFM) and the International Swaps and Derivatives Association (ISDA) today published a new credit support deed for Islamic hedging transactions in response to global margin requirements for non-cleared More… |
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Bahraini Islamic bankers attend leadership programmeA selected group of 37 Bahraini professionals from the Islamic banking industry travelled to Hong Kong and Toronto to take part in an intensive 17-day leadership programme. Conceptualised by the Waqf Fund More… |
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Group targets $500bn Islamic charity marketVeteran Geneva-based banker and Islamic finance expert John Sandwick has teamed up with Saudi adviser Wafi International to target the Islamic endowment market, a $500 billion capital pool he said had been poorly served to date More… |
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$105bn Waqf sector 'can boost Islamic finance'Shari’a compliant philanthropy, or planned giving, is on the rise with the Waqf sector (Islamic endowment) estimated at around $105 billion globally, according to research conducted recently by Ernst & Young on the sector. Ashar Nazim, More… |
