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Tag Archives: Islamic

Takaful industry becoming greater in the world

Takaful industry becoming greater in the world

Shariah-compliant framework likely to be practice in Britain’s transactions next year The global Takaful industry is expected to experience strong growth driven by demand from Islamic countries according to speakers at World Takaful Conference, organized recently. Gulf Cooperation Council (GCC) …

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Strengthening Islamic Banking

Strengthening Islamic Banking

The general perception is that Islamic banking in Pakistan is making progress in leaps and bounds. The supporting arguments are number of branches offering this facility, percentage of deposits held by Islamic financial institutions (Islamic banks and designated Islamic banking …

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Top Islamic mutual funds of Pakistan

Top Islamic mutual funds of Pakistan

Islamic mutual fund works in a similar manner as a conventional fund except that the Islamic mutual fund only deploys funds in Shariah-compliant investments. The key players in Islamic mutual fund are: Asset Management Company, Trustee, Shariah Advisor & Registrar. …

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Islamic finance thriving in Australia

Islamic finance thriving in Australia

The population of Australia is 25 million people – of which 2.6 percent or around 650,000 place themselves as Muslims as per the latest census in 2016. Australia does not have dedicated Islamic finance laws and regulations as like in …

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Emerging Islamic banking in Bangladesh

Emerging Islamic banking in Bangladesh

The rapid growth of Islamic finance has drawn the attention of national policy makers. There is growing acknowledgement of the contribution that Islamic finance can achieve the object of economic and social development. The expanding size of the Islamic banking …

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