Archives - May - June 2001

IIBI News
Bahrain


AAOIFI appoints 4 more scholars to its Shariah Board

Bahrain, Malaysia discuss venue of Islamic market

Maybank to Open Branch in Bahrain

Bahrain offers first Islamic government bills

First Islamic Investment Bank to buy 33% of US aviation firm

Muslims Flock to Islamic banks for lawful funds

ABC to launch first Islamic credit card

Islamic bank approves $151 mln in financing

BNP Paribas inks MoU for $2 billion Islamic fund

Jordan


AAOIFI's holds a seminar on accounting standards

Kuwait


Kuwait, Saudi firms to create Islamic banking giant

launch of the Al Kawthar Murabaha Fund

Malaysia


Standard Chartered to expand Islamic banking division

Malaysia- Bahrain to cooperate on Islamic money market

Pakistan


Shariah Appellate Bench declines to take up Riba review

Leaders threaten if interest-free economy delayed

Mixed reactions to Pakistan Supreme Court Riba decision

Jamiat opposes continuation of Interest-based economy

Legal framework being designed for Islamic banking

UBLwarns against half-baked steps on Riba-free economy

SC Suspends Implementation of Islamic Banking for a year

Riba-free: 90 percent work to amend laws completed

Efforts on to Islamise economy

Riba-free economy a blessing in disguise

Need stressed for abolition of interest-based banking

IBFI Organises Seminar on Islamic banking

NIT developing 3 specialised funds for overseas Pakistanis

Modarabas urge government to promote investment climate

Singapore

Singapore Islamic Council issues bon
United Kingdom


Hilal launches Islamic financial services website

Samba Islamic Investment granted approval in UK

United Arab Emirates


Sharia compliant European equity fund launched in UAE

Abu Dhabi Islamic bank prepares to expand abroad

United States of America

DJIM Indexes Changes Screening Selection