Friday 22 November 2024
 
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Waqf

Saudi IRTI launches core principles for waqf operations

Saudi-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

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IIFM, ISDA publish Islamic credit support deed

The 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

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Bahraini Islamic bankers attend leadership programme

A 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

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Group targets $500bn Islamic charity market

  Veteran 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

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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,

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