|
(Issue 42)
|
| Comment |
Western
banks wake up to a quiet Islamic revolution
|
| Feature |
The
Scope of Islamic Banks and their Role in Developing the
Arab Capital Markets
With an ever-increasing number of Muslims finding it neccesary
to invest their money in Islamic financial instruments,
Mr Ala Khannak (Vice-President of Internal Audit
& Special Assignments, DMI) asseses the boundaries
of the Islamic banking system and its function in the
development of the Arab capital markets. |
|
R&D
|
Research
and Development for Islamic Banks
In the monthly lecture at the Institute of Islamic Banking
and Insurance, Stella Cox, the Assistant Director
of Kleinwort Benson Limited, addressed the many relavent
aspects of research and development for Islamic banking. |
|
Conference
|
Previewing
The Asian Dual Banking Conference
A conference on 'Dual Banking' will be held in Kuala Lumpur
in late September. The conference will be hosted by The
Asia Business Forum (Singapore). New Horizon previews
this well awaited occasion. |
| Islamic
Banking Summit |
High
Street Islamic Banks only a step away?
Islamic banking in Malaysia has been astoundingly successful
within the last twelve years, as a result, the Government
has taken a number of measures which will, in the near
future, allow Islamic banks to operate adjacently to
conventional banks. Dr Affifudin Bin Haji Omar at
the Islamic Banking and Finance Summit in June discussed
the many growth opportunities available for Islamic
banking in Malaysia.
|
| Corporate
Profile |
The
Jordan Islamic Bank
Reaffirming its aims to promote the concept of banking
in compliance with the provisions of the Shari'a, and
to develop and expand the Financing schemes that benefit
craftsmen, artisans and small-scale industries leading
to the creation of new jobs, the Jordan Islamic Bank,
boasted a balance sheet amounting to JD570,006,941, year
ending 1994. |
| IIBI
Forum |
IIBI
Shariah Scholars provide answers to questions and issues
pertinent to Islamic banking
|
| IIBI
News |
Report on Institutes Activities
|
| News
Monitor |
New
Horizon reports on recent developments within the Islamic
financial world
|
