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   Market Date: 19-11-2013   
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Islamic Finance

  1. Why I Want London To Be One Of The Great Capitals Of Islamic Finance - David Cameron


    This is the first time that the World Islamic Economic Forum has ever been held outside the Islamic world.
  2. PM unveils plans for new Islamic index on London Stock Exchange


    London Stock Exchange is creating a new way of identifying Islamic finance opportunities by launching a world-leading Islamic Market Index.
  3. SEC rules on sukuk issuance


    The Osun state government recently issued the first sukuk on the Nigerian capital market in the form of a N10 billion lease due in 2020. The sukuk has an A rating from Nigerian credit rating agency Agusto & Co and will be listed on the Nigerian Stock Exch
  4. IFSB-IOSCO-SC Collaborate on Disclosure Requirements for Islamic Capital Market Products


    Kuala Lumpur / Madrid – The Islamic Financial Services Board (IFSB), the International Organization of Securities Commissions (IOSCO) and the Securities Commission Malaysia (SC) are pleased to announce that the joint publication “Disclosure Requirements f
  5. Rise in sukuk market offers new investment opportunities - Capital Markets - Turkey


    The Arabic term for Islamic securities, 'sukuk', is commonly used to refer to the Islamic equivalent of bonds. Such Islamic financial instruments provide the investor with a share of an asset and its cash flows and the risks involved without contravening
  6. 50 Thousand Islamic Financial Professional Needed Globally


    In accordance with the growing industry of Islamic Banking and Finance, the whole world needs 50,000 Islamic Finance Experts right away so that the emerging market of Islamic Banking and Finance may be easily promoted. These thoughts were expressed by Mr.
  7. Oscar Onyema’s Speech at the NSE Lotus Islamic Index Launch


    Today marks another milestone in the Rebirth, Growth and Transformation of the Nigerian capital market as we launch the NSE Lotus Islamic Index (NSE LII). This is one of the many steps we are charting to bring to fruition our vision of becoming the gatewa
  8. Illegal Islamic Banking and the Usurpation of the Nigerian Legislature


    Finally, there has been a pronouncement on the vexed issue of the illegal introduction of Islamic Banking in Nigeria by the Sanusi Lamido Sanusi led Central Bank of Nigeria without recourse to the National Assembly to amend the Banks and Other Institution
  9. Islamic Banking Is Illegal — Federal Court


    According to Justice Gabriel Kolawole, the license issued to Jaiz International Bank PLC to embark on Islamic banking in the country would have been nullified if the plaintiff in the matter, Godwin Sunday Ogboji had locus standi to institute the action.
  10. The NSE Signs MoU on Shari’ah Equity Index


    Another milestone aimed at further deepening the nation’s stock market was attained in Lagos this week as The Nigerian Stock Exchange (NSE) signed a Memorandum of Understanding (MOU) with Lotus Capital for the development and management of a certified Sha
  11. Nigeria, Islamism and the Islamic Development Bank


    Nigeria, Islamism and the Islamic Development Bank
  12. Islamic bank earmarks $2bn for Jonathan’s transformation agenda


    Islamic bank earmarks $2bn for Jonathan’s transformation agenda
  13. Schedule of Training in Islamic Banking


    Schedule of Training in Islamic Banking
  14. The IsDB- Nigeria Business Forum, 15-16 March, 2012, Abuja Nigeria


    The IsDB- Nigeria Business Forum, 15-16 March, 2012, Abuja Nigeria
  15. Islamic Bank: After $370mn, Nigeria Seeks Additional $600mn Loan


    Islamic Bank: After $370mn, Nigeria Seeks Additional $600mn Loan
  16. Fed Govt seeks N93bn IDB loan


    Fed Govt seeks N93bn IDB loan
  17. Jaiz Islamic Bank Opens Shop in Abuja


    Jaiz Islamic Bank Opens Shop in Abuja
  18. CBN develops guidelines for Islamic banking


    CBN develops guidelines for Islamic banking
  19. Questions Raised on CBN’s Stance on Sharia Banking


    Questions Raised on CBN’s Stance on Sharia Banking
  20. CBN seeks support of Sudan for Islamic banking


    The Central Bank of Nigeria (CBN) has requested for the support and cooperation of the Central Bank of Sudan (CBOS) for the implementation of Islamic banking (non-interest banking) in Nigeria.
  21. Prospects in Islamic banking's investment products


    Many may not be conversant with the practice of a banking system that prohibits the charging of interest, focuses on investment made in the private sector through interest-free financing, is built on Sharia principles, and not the least, the details of ho
  22. Evolving healthy financial system through Islamic banking


    Even as the Central Bank of Nigeria (CBN) has indicated that it will henceforth allow banks to operate in their core areas of competence, not a few finance sector analysts have applauded that it is a development that would herald the birth of internationa
  23. Why Islamic bank has not been licensed, by Sanusi


    Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi Lamido, has offered an insight as to why proposed Islamic bank, Jaiz International Plc, is yet to be granted operational licence.
  24. Central Bank's reforms may aid Islamic Banking


    The Central Bank of Nigeria (CBN) said the new phase of reforms will positively impact on the provisions and requirement of Islamic banking, and hasten the progress of that arm of banking.
  25. Investors await CBNs rules on Islamic banking


    Strategic foreign investors, eyeing stakes in Nigeria\'s financial sector, have requested from Central Bank of Nigeria (CBN), details of regulations governing operations of Islamic banking.
  26. CBN Grants Provisional Approval for Islamic Bank


    Central Bank of Nigeria (CBN) may have issued a no objection response to the proposal by a group of Nigerian investors to promote the nations premier Islamic bank, Jaiz Bank


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