Huge potential for Islamic finance in Kenya
Huge potential for Islamic finance in Kenya
08 February 2010 LONDON: Kenya is fast developing as the Islamic finance hub of East Africa. The Central Bank of Kenya (CBK) has already licensed two Islamic banks – Gulf African Bank (GAB) and First Community Bank (FCB) – under CAP 488 of the Banking Act of Kenya.
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IDB to issue $5b in Islamic bonds
IDB to issue $5b in Islamic bonds
IDB to issue $5b in Islamic bonds
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No legal hurdles to Islamic financing: CMHC report
No legal hurdles to Islamic financing: CMHC report
Most forms of Islamic financing, including Shariah-compliant mortgages, would pose no legal hurdles if widely offered in Canada, concludes a CMHC report expected Wednesday.
Read more on CTV.ca
Islamic mortgage facility for nationals
Islamic mortgage facility for nationals
International Bank of Qatar’s Islamic banking arm has launched the ‘Al Yusr ijara mortgage solutions’, which is available to all nationals seeking to buy property throughout Qatar.
Read more on Gulf Times