GLOBAL FINANCE - Islamic Finance

27 06 2016

Discussion over contemporary issues of Halal food and their solutions – Organized by Halal Research Council
Islam clarified the rights of animals along with human rights about 1400 years ago.

A special sitting was arranged by Halal Research Council to discuss the latest issues of Halal food and how we can overcome them. Prof. Dr. Javaid Aziz Awan, Prof. Dr. Sohaib, Mufti Muhammad Ahsan Zafar, Muhammad Zubair Mughal, Mufti Raees Ahmed and Mr. Ghulam Murtaza attended the session. Speakers stressed upon the fact that the rules made for the.......

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GLOBAL FINANCE - Islamic Finance

18 04 2016

Islamic Agricultural Finance can be utilized as tool of Financial Inclusion: Zubair Mughal
Islamic Agricultural Finance is an Ideal Product for the Development of Rural Economy

The agriculture sector lacks financial resources, due to which small-scale farmers are facing a lot of problems, consequently affecting the agriculture and livestock sector. But in Muslim countries including Pakistan, the primary reason behind the lack of financial inclusion in the agricultural sector is unavailability of such financial products.......

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GLOBAL FINANCE - Islamic Finance

04 12 2015

Apex Islamic Micro Finance leaders gathered at GIMF in Malaysia
Global leaders from 30 Countries unified for Development of Islamic Microfinance, Poverty alleviation and financial inclusion.

Under the benefaction of AlHuda Center of Islamic Banking and Economics (AlHuda-CIBE) and Akhuwat, the 5th Global Islamic Microfinance forum (GIMF) held in Kuala Lumpur, Malaysia which was attended by the officials and delegates from 30 countries including Pakistan, Nigeria, Tajikistan, Canada, Tanzania, Philippines, Indonesia, China, Azerbaijan.......

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GLOBAL FINANCE - Islamic Finance

23 11 2015

AlHuda CIBE has long term vision for East African Islamic Finance Market.
2nd African Islamic Finance Forum will be held in Tanzania during March, 2016: Zubair Mughal

International workshop on Takaful (Islamic Insurance) was held in Dar Es Salaam, Tanzania which was organized by “Takaful Consultancy Wing” of AlHuda Center of Islamic Banking & Economics (CIBE), the specialized workshop focused on the concept of Takaful, its history, and how it differs from conventional insurance, different models,.......

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GLOBAL FINANCE - Islamic Finance

17 09 2015

5th Global Islamic Microfinance Forum will be held in Malaysia
Forum is being jointly organized by AKHUWAT and ALHUDA- CIBE in order to alleviate poverty

Poverty is being recognized as the top of the global problems as it is spreading day by day but even more worrying situations that the Muslim world is being hit even more severely, as it is being considered as number one agenda of “Financial Inclusion”. As per a careful estimate, almost 46% of the Poor live in Muslim countries, where.......

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GLOBAL FINANCE - Islamic Finance

10 06 2015

AlHuda CIBE Sign agreement with Islamic Chamber of Commerce (ICCIAU) to promote Islamic Banking in Uganda

AlHuda CIBE Sign agreement with Islamic Chamber of Commerce (ICCIAU) to promote Islamic Banking in UgandaIslamic banking has already taken off globally, and Islamic banking and finance is projected to exceed $2.2 trillion of assets by the end of 2015 as the industry extends its reach not only in Muslim Countries but globally as well. Uganda is.......

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GLOBAL FINANCE - Islamic Finance

10 06 2015

West Africa an Emerging Market of Islamic Finance: Zubair Mughal
Senegal A Ray of Hope for the Rest of West African Countries

There is an ample scope of Islamic banking and finance in western African region and Senegal can play a vital role in elevating it through the countries. It was spoken by Muhammad Zubair Mughal, Chief Executive Officer AlHuda Centre of Islamic Banking and Economics (CIBE) while attending an international seminar on Takaful that was held at Dakar.......

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GLOBAL FINANCE - Islamic Finance

23 04 2015

Islamic Finance is emerging as an alternative source of financial sustainability in Europe
FAAIF and Al Huda CIBE to Conduct Joint lslamic Finance Training Event in Milan, Italy

Zubair Mughal, Chief Executive Officer of Al Huda Center of Islamic Banking and Economics and Camille Paldi, CEO of FAAIF, plan to conduct a joint Al Huda and FAAIF Islamic finance training event on June 19-20, 2015 in Milan, Italy.  FAAIF and Al Huda, realizing the immense need for training on Islamic Banking and Finance in Europe, plan to.......

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GLOBAL FINANCE - Islamic Finance

30 03 2015

Halal Research Council will provide services to promote Halal Industry in Nigeria
Memorandum of Understanding (MOU) signed between Halal Research Council (HRC) Pakistan & LCM Consulting Nigeria Limited

Halal Research Council and LCM consulting Nigeria limited have signed an agreement in Lahore. The MOU was signed by Muhammad Zubair Mughal, Chief Executive Officer Halal Research Council and Mohammad Lawal Shuaibu, Managing Director LCM consulting Nigeria limited. Both the organizations will work together for the promotion of Halal industry as.......

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GLOBAL FINANCE - Islamic Finance

03 03 2015

Takaful perceived as having significant potential in Tanzania
AlHuda CIBE has a long term vision for the development of Islamic Banking and finance industry in Tanzania: Zubair Mughal

“Takaful is an opportunity whereby a big population of our people will have a chance to access insurance using Takaful system”. This was stated by Mr. Paul J. Ngwembe, Director Legal Enforcement, of Tanzania Insurance Regulatory Authority (TIRA). He was speaking at the conclusion of a two days specialized Takaful workshop arranged for.......

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GLOBAL FINANCE - Islamic Finance

23 12 2014

AlHuda CIBE set to enter into Uganda Market
It include creating awareness, building capacity for banks staff training in the field of Islamic Banking and Finance said Imran Gul Khan, Head Senior Management, AlHuda CIBE

AlHuda Centre of Islamic Banking and Economics (CIBE) is set to enter into partnership with Uganda Technology and Management University (UTAMU) aimed at building capacity in banking and finance in Uganda. According to the Director of Engagement, Research and Innovation, Assoc. Prof. Dr. Florence Tushabe, UTAMU, the partnership will see the Islamic.......

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GLOBAL FINANCE - Islamic Finance

18 12 2014

MASHREQ, BEST BANK OF THE MIDDLE EAST AT IAIR AWARDS 2014
Interview with John Iossifidis, Head of International Banking Group, Mashreq

Mashreq has been awarded Best Bank in the Middle East at IAIR Awards 2014. What are the most relevant results achieved so far and what are your goals for the future?Receiving the Best Bank in Middle East Award by IAIR was a privilege.  It is the latest in a string of recent accolades bestowed on Mashreq which may illustrate the areas where we.......

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GLOBAL FINANCE - Islamic Finance

11 12 2014

Japan can get better financial positioning in Int’l market through Islamic Finance
Islamic Finance is not only confined in Muslim countries now but Non-Muslim countries also getting ample benefits from it.

(Dubai - UAE) Japan, the country of lowest interest rate and third largest national economy of the world, has big potential to get better financial positioning in international and regional financial markets by virtue of Islamic Banking and finance which is a missing component of Japanese financial industry, it was stated by renowned Islamic.......

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GLOBAL FINANCE - Islamic Finance

17 11 2014

AlHuda Developed the Capacity of Central Bank of Somalia for Islamic Microfinance
Program held in Mogadishu Somalia, Governor Central Bank appreciated the efforts of AlHuda CIBE

A 3 days comprehensive Capacity building program of Islamic Microfinance was held on demand of Central Bank of Somalia for the development of Islamic methodology to fight against the poverty in the under developed African country. This workshop was held in the second week of November at the premises of Central Bank of Somalia in Mogadishu –.......

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GLOBAL FINANCE - Islamic Finance

10 11 2014

4th Global Islamic Microfinance Forum Came to an End in Dubai
Delegates from 25 countries participated, Ended releasing road map of industrial promotion

4th Global Islamic Microfinance Forum was successfully ended in Dubai. The purpose of that forum was to promote, strengthen and unite the organizations of Islamic microfinance. The delegates from international organizations related to Microfinance, Islamic microfinance, micro insurance and NGOs participated in the event i.e. World Bank, Islamic.......

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GLOBAL FINANCE - Islamic Finance

27 10 2014

Global Islamic Microfinance Forum Ready to Set New Standards
Forum will be held in Dubai and delegates from 25 countries will participate into it

4th Global Islamic Microfinance Forum is going to be held on 1-2 November in Dubai to apply new standards in international Islamic microfinance organizations. The purpose of this forum is to generate new standards, dealing with Shariah issues, capability building and empowering the man power into this industry. Apart from other topics, role of IT.......

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GLOBAL FINANCE - Islamic Finance

14 10 2014

Islamic Microfinance is an effective tool of Financial Inclusion
4th Global Islamic Microfinance Forum Logo Inaugurated in New York - USA

(New York) Islamic finance is the best suited system for poverty alleviation that can be utilized both by Muslims and non Muslims as an system to cut down poverty dilemma from all over the world, it can also be utilized as an effective tool of financial inclusion as Millions of Muslims are financially excluded due to religious reasons, this was.......

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GLOBAL FINANCE - Islamic Finance

19 09 2014

Tanzania has Big Potential for Islamic Finance: Muhammad Zubair Mughal African Islamic Banking Road Show concludes in Dar Es Salaam

Tanzania have Big Potential for Islamic Finance and it would be the Islamic Banking hub for east African countries, it was stated by Muhammad Zubair Mughal, the Chief Executive Officer of AlHuda Center of Islamic Banking and Economics during the concluding ceremony of “African Islamic Banking and Finance Road show” in Dar e Salaam.......

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GLOBAL FINANCE - Islamic Finance

25 08 2014

A New Initiative for the Development of Islamic Microfinance
The purpose is to promote Islamic Microfinance over the world: Zubair Mughal

(Lahore) Keeping in view rising concept of Islamic microfinance all over the world, a platform is formed to promote Islamic microfinance globally. The purpose of this platform is to strengthen it through publications, social media, discussion forums, and research. The platform will work as ‘Islamic Microfinance News’. This product has.......

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GLOBAL FINANCE - Islamic Finance

25 08 2014

Arab Women in Leadership and Business Summit

The Arab Women in Leadership and Business Summit that will be take place from the 22-23rd September 2014 in Radisson Royal Hotel, Dubai, UAE with the aim of inspiring women to seek their highest level of professional development, by providing them with information, strategies, insights, and perspectives on leadership.It will be attended by emerging.......

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GLOBAL FINANCE - Islamic Finance

23 07 2014

Global Islamic Microfinance Forum to be organized in Dubai
Logo Inauguration Ceremony held in Dubai that will be organized on November 01-02, 2014

(Lahore) Global Islamic Microfinance Forum (GIMF) will be organized jointly by AlHuda Centre of Islamic Banking and Economics (CIBE) and AKHUWAT on November 01-02, 2014. Dr. Amjad Saqib, Executive Director, AKHUWAT inaugurated the logo of GIMF in Logo Inauguration Ceremony at Crown Plaza Hotel Dubai yesterday, numerous people from financial,.......

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GLOBAL FINANCE - Islamic Finance

26 06 2014

Al Huda CIBE extending its services to the USA market
Islamic Banking & Finance has a Bright Future in the United States: Muh. Zubair Mughal

AlHuda Center of Islamic Banking and Economics (CIBE), continuing its commitment to bring Islamic finance to the United States, announces a joint-training workshop in Islamic Banking and Finance in conjunction with FAAIF and the University of New Orleans on October 06 and 07, 2014 in New Orleans, Louisiana, USA.  Al Huda CIBE, having conducted.......

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GLOBAL FINANCE - Islamic Finance

09 06 2014

AlHuda CIBE Eyes African Islamic Finance Market
AlHuda CIBE is committed to extend its services to 15 countries of Africa by the year end 2014

(Lahore) AlHuda Centre of Islamic Banking and Economics (CIBE) chalks down the strategy to offer its services in African countries to promote Islamic banking and finance through consultancy, Research, education and capacity building where there is an excellent potential related to this industry. This was said by Mr. Muhammad Zubair Mughal, Chief.......

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GLOBAL FINANCE - Islamic Finance

16 05 2014

Pakistan and Sudan Leading in Islamic Microfinance Industry
Active Client Base of Islamic Microfinance have exceeded 2 Million: Zubair Mughal

(Islamabad) The demand of Islamic microfinance is rapidly increasing in order to serve poverty alleviation and social development, Its active client size have exceeded to 2 million now from which more than 700,000 belong to Sudan and more than 400,000 clients of Islamic Microfinance Institutions are from Pakistan. On the other hand, Yemen,.......

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GLOBAL FINANCE - Islamic Finance

18 04 2014

MoU signed to promote Islamic Finance in France AlHuda CIBE and SAAFI France will jointly initiate various projects

(Lahore) Islamic finance is not confined to Middle East or Muslim countries rather it has gripped its roots in European countries and America as well. And the determination and efforts to become financial hub of London is the distinct example of the promotion of Islamic banking and finance. There is no denying the fact that the organizations of.......

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GLOBAL FINANCE - Islamic Finance

02 04 2014

SESRIC- OIC and AlHuda CIBE sign MoU
AlHuda CIBE will provide Trainings and Capacity Building services to Central Banks of OIC Member Countries

Statistical, Economic and Social Research & Training Centre for Islamic Countries (SESRIC) – OIC and AlHuda Centre of Islamic Banking and Economics (CIBE) have signed a Memorandum of Understanding (MoU) to provide trainings and Capacity Building services to the central banks of 57 member countries of Organization of Islamic Conference.......

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GLOBAL FINANCE - Islamic Finance

24 03 2014

Poverty in Europe can be reduced by Islamic Microfinance

In Europe 80% of the people which account for 17% of the whole European population, are living below the poverty line of European countries which is increasing in consequences of current European financial crisis and unemployment, while the major portion of European poverty prevails in eastern European countries i.e. Romania, Armenia, Albania,.......

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GLOBAL FINANCE - Islamic Finance

11 03 2014

Poverty in Muslim World is Rapidly Increasing: Zubair Mughal
Poverty can easily be driven away through Islamic Microfinance

(Tunis) Half of global poverty reside in Muslim world while the Muslim population is 24% of the total global population, if the dangerously increasing poverty in the Muslim community is not controlled soon then it will be alarming. These concerns were addressed by Muhammad Zubair Mughal, Chief Executive Officer, AlHuda Centre of Islamic Banking and.......

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GLOBAL FINANCE - Islamic Finance

04 03 2014

Successful launch of Nationwide Road Show to promote Islamic Banking and Takaful
The awareness campaign has started from Peshawar, and will end in Karachi while passing through 30 different cities of Pakistan and organizing 100 events

(Peshawar) National awareness campaign “Road Show 2014” has started today  from Peshawar to promote the Islamic Banking and takaful, to trim down the rising criticism and objection on Islamic finance, thriving the Islamic Financial methods in Shariah perspective in the country to get rid of interest element by benefitting Islamic.......

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GLOBAL FINANCE - Islamic Finance

24 02 2014

AlHuda CIBE will Organize African Islamic Banking and Finance Road Show
Int’l conferences will be organized in Tanzania, Tunisia, Nigeria, Kenya, Ghana, South Africa and Mauritius during the Road show

(Lahore): AlHuda Centre of Islamic Banking and Economics (CIBE) is committed to hold an International Road Show on Islamic Banking and Finance that will be started from April 2014 form Tanzania and will successfully be ended by September 2014 in Mauritius by organizing Int’l conferences on Islamic Banking and Finance in seven (07) African.......

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GLOBAL FINANCE - Islamic Finance

20 01 2014

Arab countries can alleviate poverty through Islamic microfinance

(Amman – Jordan) Poverty is increasing rapidly in the Arab countries which are blessed with surplus of mineral and oil resources, one of the reasons is absence of financial products for poverty alleviation which are compatible with their religious, cultural and social values and beliefs While through Islamic microfinance poverty can be.......

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GLOBAL FINANCE - Islamic Finance

02 01 2014

2014 will be promising for Islamic Finance Industry

Islamic finance volume will be reaching at US $ 2 trillion with having 78% share of Islamic banking, 16% Sukuk, 1% Takaful, 4% Islamic funds and 1% Islamic Microfinance: Zubair Mughal.Islamic finance will grow with rapid pace in the year 2014 and its volume will pass through US $ 2 trillion where Islamic banking keeps 78%, Sukuk 16%, Takaful 1%,.......

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GLOBAL FINANCE - Islamic Finance

16 12 2013

Tunisia has big potential for Islamic Finance: Zubair Mughal - Tunisia would be the global hub of Islamic Finance for French speaking countries

There are big opportunities to promote Islamic finance in Tunisia which can be the global hub of Islamic Finance for French speaking countries, said by Muhammad Zubair Mughal, Chief Executive Officer - AlHuda Centre of Islamic Banking and Economics (CIBE) in an international conference on “Finance and Enterprise” jointly organized by.......

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GLOBAL FINANCE - Islamic Finance

04 12 2013

A New Venture Established to Strengthen Islamic Finance in France and USA

A Memorandum of Understanding (MOU) has been signed between Al Huda Center of Islamic Banking and Economics (CIBE) and Franco-American Alliance for Islamic Finance (FAAIF) to cooperate in the development of Islamic banking and finance in France and the United States.  Both parties agreed to work together, leveraging their different areas of.......

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GLOBAL FINANCE - Islamic Finance

04 11 2013

ASEAN Countries have big potential for Islamic Finance: Zubair Mughal - Halal SMEs can be grown-up through Islamic Finance

(Manila - Philippines) There are multiple opportunities in Association of Southeast Asian Nations (ASEAN) countries to promote Islamic Finance, through which Halal Industry can be flourished rapidly in the region. These views were expressed by Muhammad Zubair Mughal, Chief Executive Officer, AlHuda Centre of Islamic Banking and Economics (CIBE).......

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GLOBAL FINANCE - Islamic Finance

30 10 2013

International Trade can be enhanced through Halal Certification - The Global Halal Market size of 1.8 billion Muslim population is $ 3.2 trillion: Muhammad Zubair Mughal

(Istanbul) The importance of Halal Certification is being well-known because of rising awareness with Halal in Muslim societies which is increasing the Halal Certified products and services rapidly and finally international trade can be enhanced in the Halal marker having a size of $ 3.2 trillion of 1.8 billion Muslim population, these views were.......

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GLOBAL FINANCE - Islamic Finance

09 10 2013

Islamic Microfinance should be Introduced Internationally: Dr. Fatima Al-Blooshi - Three days’ 3rd Global Islamic Microfinance Forum ended in Dubai with a declaration to put joint efforts for the poverty alleviation

(Dubai) Islamic Microfinance is an effective tool for the poverty alleviation and it should be introduced around the globe to state an effective policy for ultimate poverty alleviation from the world, these views were stated by Dr. Fatima Mohamed Yousif Al-Balooshi, Minister (Ministry of Social Development – Bahrain) as a Chief Guest in the.......

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GLOBAL FINANCE - Islamic Finance

16 09 2013

The Global Islamic Microfinance Forum Ready to Set New Standards - The Forum will determine the Standards and strategic policies for Sustainable Islamic Microfinance Development.

The Global Islamic Microfinance Forum on Islamic Microfinance is going to be held in U.A.E on 6th October, 2013 in which the delegates of more than 30 countries are expected. The purpose of Forum is to introduce Islamic Microfinance in the global canvas as an effective tool for poverty alleviation and Social development, to set its standards, to.......

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GLOBAL FINANCE - Islamic Finance

27 08 2013

A Big Question Mark on Islamic Finance Industry - Muhammad Zubair Mughal

Apparently, it is a matter of pleasure that global volume of Islamic Finance Industry has crossed $ 1.3 Trillion approximately, which is, definitely, providing the best and compatible sources of finance with interest free modes.  According to a careful estimate, there are more than 2000 Islamic Financial Institutions are offering Islamic.......

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GLOBAL FINANCE - Islamic Finance

09 07 2013

Indonesia’s BMT Microfinance system should be introduced Globally: Zubair Mughal

(Lahore) Baittul Maal wa Tamwil (BMT) Microfinance system which is being working in Indonesia should be introduced all-around the globe as a best system to eliminate poverty which will boost-up Islamic Microfinance industry worldwide, These thoughts were expressed by Chief Executive Officer of Al-Huda Center of Islamic Banking and Economics Mr........

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GLOBAL FINANCE - Islamic Finance

30 05 2013

Inauguration of 100 days Master plan for the Development of Islamic Microfinance industry

(Islamabad – 30th May, 13) Under the umbrella of Islamic microfinance Network (IMFN), a special meeting of Islamic microfinance institutions was held at the capital city of Pakistan, Islamabad, today, presided by Dr. Amjad Saqib,  Executive Director Akhuwat and Chairperson IMFN, in which large number of local and International Islamic.......

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GLOBAL FINANCE - Islamic Finance

09 05 2013

Islamic Microfinance Research Study initiated in Yemen - Existing demand and future trends of Islamic Microfinance will be determined: Zubair Mughal

AlHuda Center of Islamic banking and economics (CIBE) Initiated a Islamic Microfinance research study for Yemen Microfinance Network (YMN) in Yemen. This study will be conducted in the Yemen’s capital Sana’a including Taiz, Adan and Almoukla, so that the Islamic Microfinance products can be examined broadly and further Islamic.......

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GLOBAL FINANCE - Islamic Finance

19 04 2013

Islamic Microfinance Market size touches $1 billion - Islamic Microfinance industry is rapidly progressing due to its superior performance for poverty alleviation

Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is making quick progress. According to our careful estimate Islamic Microfinance market’s worth has reached $1 billion. These views were expressed by Muhammad Zubair.......

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GLOBAL FINANCE - Islamic Finance

12 04 2013

Halal Research Council and KPK Agriculture University Signed Agreement

A Strategic Partnership agreement signing ceremony between Halal Research Council and KPK Agriculture University was held today at the office of Vice Chancellor of Khyber Pakhtunkhwa  (KPK) Agriculture University; in which the experts from food, nutrition, livestock and other Industries were participated. According to the agreement, Halal.......

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GLOBAL FINANCE - Islamic Finance

20 03 2013

Al-Huda CIBE commenced its operations in Uganda for the development of Islamic Banking in East Africa

Al-Huda Centre for Islamic Banking and Economics has initiated its operation with a name of “Al-Huda CIBE Uganda” in East African Country, Uganda, so that together with Uganda, in other countries of East Africa like Sudan, Kenya and Tanzania etc. where a huge Muslim population and the demand of Islamic banking already exists, Islamic.......

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GLOBAL FINANCE - Islamic Finance

15 02 2013

Initiation of “Takaful Consultancy Wing” for the advancement of Takaful - Takaful industry is thriving globally; its market size reaches 12 billion US$

(Lahore- Pakistan) Islamic insurance (Takaful) is flourishing all around the world alongside Islamic Banking. Its global market size has reached 12 billion USD whereas the number of Islamic Takaful institutions has exceeded to 350. These views were expressed by Muhammad Zubair Mughal, the Chief Executive Officer of AlHuda Centre of Islamic Banking.......

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GLOBAL FINANCE - Islamic Finance

12 02 2013

First Initiative to launch Islamic Banking in Uzbekistan - Hamkor Bank advancing towards Islamic Banking, AlHuda CIBE appointed as Advisor

(Lahore – Pakistan ) Uzbekistan is an important Central Asian country with a population of 30 million; out of them 96% population is Muslims. It is not only enriched with gas, oil and other natural resources but, along with this, it has been the center of knowledge and Islam for a long time. It was through Uzbekistan that Islam paved its way.......

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GLOBAL FINANCE - Islamic Finance

07 02 2013

Halal Research Council expand its international network

To meet the needs of awareness & promotion of Halal Industry Worldwide, Halal Research Council adds five new strategic partners to its network by signing an agreements with them in January 2013, so that, the concept of Halal and Halal food requirements to be fulfilled effectively. Halal Research council’s new strategic partners include.......

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GLOBAL FINANCE - Islamic Finance

29 01 2013

AlHuda CIBE will conduct a research study for Islamic Microfinance in Azerbaijan

(Baku- Azerbaijan) An agreement for the advancement of Islamic microfinance was signed between AlHuda Centre of Islamic Banking and Economics and Vision Fund AzerCredit in a splendid ceremony at the capital of Azerbaijan, Baku. According to the agreement, AlHuda CIBE will conduct market research in different cities of Azerbaijan including Baku to.......

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GLOBAL FINANCE - Islamic Finance

12 10 2012

Banking sector can be saved by Islamic Finance?
Jikon Lai - University of Melbourne - has the answer

Islamic finance has grown and expanded rapidly in recent years. It was recently announced that, following in the footsteps of some of its European neighbours, Germany will soon have its first Islamic bank — which is ironic if you think about the history of the country. Ireland, a country of arguably staunch Catholics, is also making.......

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