Milestones in Modern Islamic Economy and Islamic Finance Industry

Yurizk Islamic Banking, Islamic Economy, Islamic Finance, New & Noteworthy 2 Comments

2011-2020: The Rapid Growth and Planning for Future 2014: Development in AfricaNigeria, Tanzania, Zimbabwe, Malawi, Algeria, and Tunisia increase efforts for launching Islamic Financial products. 2014: UgandaUganda's cabinet approves introduction of Islamic Banking in the country. 2014: SenegalSenegal's Ministry of Finance approves country's first sukuk. 2014: KenyaKenya receives approval from its Central bank to launch Islamic Banking products. The country prepares ...

Islamic Finance and American Muslim Market

Yurizk Islamic Banking, Islamic Economy, Islamic Finance Leave a Comment

Select Insight (DinarStandard Report) • The most commonly used Islamic finance services are mortgage services (50% of respondents,) investment products (44%), and banking services (17%). • There has been an 11% decrease in banking services compared to the 2011 survey. Meanwhile car financing responses increased by 8% and insurance services by 3%. • However, while a vast majority of respondents adhered to …

Does the Islamic Finance industry need talent development or not?

Joy Abdullah Human Resources in Islamic Finance, Islamic Economy, Islamic Finance Leave a Comment

More and more educational institutions, around the world, are offering degree & certificate programs and diplomas in Islamic Finance and banking. The Global Islamic Finance Education Report  was the first attempt in having a concrete collection of the various academic programmes available globally. The fact that more and more people are undertaking the required academic educations is a good trend …