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Islamic sukuk, what is with it and what is against it?     9th AGM held: Prime Islami Life Insurance approves 30pc dividend     Abyaar: successfully covered 98% of capital increase     Bank Muamalat: Islamic finance on steady growth path     GFH signs up for key infrastructure opportunities for Syria Finance House     Sakana develops human capital     Futurebank announces authorized share capital and paid-up share capital increase     5 ways to widen Islamic finance's acceptability     Barwa records QR779m net profit for     Maples and Calder win Islamic Finance Awards     Yemen’s Tadhamon International Islamic Bank rating     Aman decides to distribute 5% shares as a bonus for its shareholders     Bahrain Islamic Bank convenes its Annual General Meeting for 2009     Malaysia Strengthens Position Of Shariah Advisory Council In Islamic Finance     Training course on Islamic banking     Bahrain’s IIB suffers net loss of $27.9 million in 2009     Shariah Council on Islamic economy is to be set up in Tatarstan     BLME launches Sharia'a Compliant Premier Deposit Account     QFIB sponsors Private Equity International Middle East Forum     National Bonds February millionaires committed to saving     Barwa a pearl sponsor of Qatar Career Fair 2010     Barwa sponsors 26th Traffic Week     KAMCO announces Manafae shares listing on KSE index     Daman Speculator Fund shows steady growth in November
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Shariah Council on Islamic economy is to be set up in Tatarstan
Islamic-Finance.ru a meeting of Muslim initiative group on establishing Shariah and Expert Councils took place in Kazan. Representatives of the Religious Department under the cabinet of Ministres of the Republic of Tatarstan, Non-profit Fund for the Development of Islamic Business and Finance (IBFD Fund), Russian Islamic University (RIU), Spiritual Administration of Muslims of the Tatarstan Republic and No

Malaysia Strengthens Position Of Shariah Advisory Council In Islamic Finance
Changes have been made to Malaysia’s Capital Market Services Act, which is expected to come into force next month, in order to strengthen the Security Commission’s Shariah Advisory Council (SAC).
5 ways to widen Islamic finance's acceptability
ISLAMIC finance is now in the third stage of its development that requires the broadening of its acceptability and growing the market, Raja Muda of Perak Raja Dr Nazrin Shah said.

Training course on Islamic banking
The Qatar Faculty of Islamic Studies (QFIS), a member of Qatar Foundation (QF), is launching the second series of its executive training courses for 2009-10.

BLME launches Sharia'a Compliant Premier Deposit Account
Bank of London and The Middle East plc (BLME), London's leading wholesale Sharia'a compliant bank, announced on 16, March, 2010 the launch of its Premier Deposit Account (PDA), the first online Sharia'a compliant PDA in the UK.

QFIB sponsors Private Equity International Middle East Forum
Qatar First Investment Bank (QFIB) on 15, March, 2010 announced it will sponsor the 6th Annual Private Equity International (PEI) Middle East Forum 2010, opening on 16, March, 2010 at the Jumeirah Beach Hotel in Dubai.

GFH signs up for key infrastructure opportunities for Syria Finance House
Gulf Finance House (GFH) announced that it has signed on behalf of Syria Finance House (SFH), one of Syria's largest Islamic banks under establishment with a capital of $333m, Memorandum of Understandings with the Syrian Investment Authority (SIA) to develop an economic zone, power projects and phosphate mines.

Maples and Calder win Islamic Finance Awards
The Dubai office of local law firm, Maples and Calder, has received three awards in the Islamic Finance News Awards 2009.

Bahrain’s IIB suffers net loss of $27.9 million in 2009
International Investment Bank (IIB), a globally foced investment bank based in the Kingdom of Bahrain operating in line with Shari’ah principles on 17 ,March,2010 announced its results for 2009.

Bahrain Islamic Bank convenes its Annual General Meeting for 2009
The Bahrain Islamic Bank (BisB), has announced that the Bank's General Assembly Meeting's agenda items were all approved at the Bank's Annual General Meeting held on 16th March 2010, at the Bank's Al-Salam Tower Headquarters in Diplomatic Area.

KAMCO announces Manafae shares listing on KSE index
KIPCO Asset Management Company announced on 15, March, 2010 at a press conference the listing of Manafae Investment Company K.S.C. shares on the Kuwait Stock Exchange (KSE). Trading of the shares under the investment category will commence on 16, March, 2010 under the name ‘Manafae’.

Barwa a pearl sponsor of Qatar Career Fair 2010
Barwa is proud to be a part of The Qatar Career Fair (QCF) 2010 as a pearl sponsor.

Yemen’s Tadhamon International Islamic Bank rating
Capital Intelligence (CI), the international credit rating agency, on 17, March, 2010 announced that it has affirmed the Foreign Currency ratings of Yemen’s Tadhamon International Islamic Bank (TIIB) at B (Long-term) and B (Short-term) and the Financial Strength rating at BB-. However, the Support rating was adjusted to 4 from the previous level of 3.

Aman decides to distribute 5% shares as a bonus for its shareholders
Dubai Islamic Insurance and Reinsurance Company (Aman) hosted their ordinary AGM meeting headed by H.E.

Barwa records QR779m net profit for
Barwa Real Estate, one of Qatar's world leading investment and real estate companies, announced its consolidated financials for the financial year ending 31 December 2009.

Futurebank announces authorized share capital and paid-up share capital increase
Bahrain-based Futurebank has announced that at the recent held Annual General meeting Futurebank shareholders unanimously approved a dividend to the extent of BD13.1m on its existing capital.

Bank Muamalat: Islamic finance on steady growth path
The Islamic finance industry is on a steady growth path of about 20% per annum in Malaysia, said Bank Muamalat Malaysia Bhd chairman Tan SriMohd Munir Abdul Majid.

Sakana develops human capital
Sakana Holistic Housing Solutions, the innovative Islamic mortgage finance provider, announced that four of its Bahraini employees were recently promoted to next grade.

Barwa sponsors 26th Traffic Week
Barwa Real Estate, one of Qatar's world leading investment and real estate companies, has announced its participation in sponsoring the 26th Traffic Week that started on 14th March 2010.

National Bonds February millionaires committed to saving
National Bonds Corporation PJSC, which is licensed and regulated by the UAE Central Bank, has continued to reward its bondholders for saving and investing in their Sharia-compliant scheme with their weekly lucrative prize draw.
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