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sharia compliant

Canada bankruptcy may hurt Islamic Finance in North America

Canada bankruptcy may hurt Islamic Finance in North America

The insolvency of an Islamic mortgage lender in Canada may hinder the growth of Sharia-compliant finance in North America, where it is already struggling in the absence of regulation.

December 5, 2011 2:30
 
Group launches first Islamic Interchange Benchmark

Group launches first Islamic Interchange Benchmark

A sharia-compliant alternative to LIBOR and formed through collaboration of 16 firms, IIBR may be used to price range of Islamic instruments although widespread use may not be so easy.

November 22, 2011 3:13
 

Malaysian body drafts standards to expand halal industry

A Malaysia-based group is drafting halal standards to give Muslim countries a framework to regulate a $2 trillion global industry ranging from food to finance.

April 5, 2011 12:09