Is Islamic banking missing its main chance in wake of protests against conventional banking?

The poster carried by a smiling woman near the London Stock Exchange last week as part of a wave of protests by ordinary people in tens of cities the world over campaigning against the excesses and perceived greed of bankers and the collusion and inefficacy of politicians in dealing with the financial and economic crisis, simply read “Let’s Bank the Muslim Way?”.

Noor Islamic Bank leads US $1.4bn Islamic Finance Mandates in Turkey

Noor Islamic Bank (Noor) has been mandated to arrange and lead manage more than  US $1.4 billion Islamic finance capital market deals in Turkey in the last 18 months, making it the most active UAE bank in the republic.

Noor released details of its financial dealings in Turkey on the eve of the Islamic Investment and Finance Forum, scheduled to take place in the Turkish capital Istanbul, from October 24-27. Noor is the Sukuk partner for the event.

Islamic Finance is a good fit for funding Asia’s huge infrastructure task, says S&P report

INTERNATIONAL. Asia’s solid economic growth and surging population will need significant developments and upgrades of its infrastructure, Standard & Poor’s Ratings Services said in a recently published commentary, titled “Will Islamic Finance Play A Key Role In Funding Asia’s Huge Infrastructure Task?”

Islamic bankers set for crucial meeting

Islamic finance officials will gather in Kuala Lumpur next week to debate the industry’s future path and craft crisis measures, as banks’ limited capital base and liquidity management ability render them vulnerable to a global slowdown.

Islamic corporate financing focus for summit

Senior Islamic bankers and corporate borrowers will meet for discussions that will seek to boost deal flow in Islamic syndicated lending, trade finance and project finance in an upcoming corporate finance summit in Abu Dhabi.

Alternative to the western finance model gains favour

Dubai: From September 19 to 23, Toronto hosted the massive Swift International Banking Operations Seminar (Sibos) event from Society for Worldwide Interbank Financial Telecommunication (Swift), where I was involved in the session called ‘Islamic Finance 2.0: Growth Opportunities for All’.

Islamic fund assets grew 7.6% last year

Dubai: Islamic fund assets under management (AuM) grew by 7.6 per cent to $58 billion (Dh213 billion) in 2010, up from $53.9 billion in 2009, according to the fifth annual Ernst & Young Islamic Funds and Investments Report (IFIR 2011) released yesterday.

Industry experts to study Islamic finance growth

MANAMA: More than 400 experts from the international Islamic funds and investments industry are set to gather at the Seventh Annual World Islamic Funds and Financial Markets Conference 2011, which opens at the Gulf Hotel today.

Islamic corporate finance in focus

MANAMA: The Islamic corporate finance market has steadily undergone an evolution in terms of product sophistication and market reach.

This is due to an increasing number of businesses looking to include Islamic finance as a component of their corporate funding mix.

Canadian University of Dubai offers MBA in Islamic Banking

“The MBA in Islamic Banking has been introduced in response to the increasing popularity of this type of banking in the region, and aims to equip postgraduates with the necessary skills to manage banking activity that is consistent with the principles of Islamic law”, said Dr. Muhammed Kabir, Vice President, Academic Affairs, Canadian University of Dubai.

The one year full- time degree in Islamic Banking will also be available for graduates who are already in employment because students have the option to choose classes running over the weekend and in the evening.

Source: Noor Islamic Bank Social Media