Finance News

Nurturing Islamic Finance In Sri Lanka, By Muath Mubarak

–    A post war view of the Sri Lankan economy and the role of Islamic Finance in it Muath Mubarak presently works for First Global Group, a Sri Lanka-based conglomerate of companies involved in the Islamic finance industry. He is a Final level student of CIMA-UK and Associate Fellow Member of Institute of Islamic Banking and Insurance (IIBI)  – UK, …

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Vatican offers Islamic finance system to Western Banks

The Vatican says Islamic finance system may help Western banks in crisis as alternative to capitalistm. The Vatican offered Islamic finance principles to Western banks as a solution for worldwide economic crisis. Daily Vatican newspaper, ‘L’Osservatore Romano, reported that Islamic banking system may help to overcome global crisis, Turkish media reported. The Vatican said banks should look at the ethical …

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Impending Danger – Islamic Investments in Biotechnology By Muhammad Ibn Wazir

It was only recently that a Bahrain-based investment  firm announced the launch of a  Nanotechnology Fund, a private equity fund which will invest in shares and equity-oriented securities of companies with a particular emphasis on global nanotechnology companies including technology and biotechnology companies which benefit from nanotechnology.  Although we do not wish to deal with the issue of nanotechnology which …

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