By Mushtak Parker

The International Council of Fiqh Academy (ICFA), which is an organ of the Organization of the Islamic Conference (OIC), has published a resolution on Tawarruq, a cash management instrument used by some Islamic banks.

The resolution was adopted by the ICFA at

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© Copyright 2003 Arab News. All Rights Reserved.

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This articles was originally taken from http://www.isra.my. For more related information, you are adviced to go to the original website.
© Copyright 2008 ISRA. All Rights Reserved.

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Resol

MELBOURNE, June 9 (Bernama) - The Australian Government has plans to lure Islamic finance to Sydney.

In an interview with the Sydney Morning Herald, the newly-appointed Minister for Financial Services, Superannuation and Corporate Law Chris Bowen said Sydney was under-selling itself as a

Article from: The Australian
Richard Kerbaj | October 20, 2006

NATIONAL Australia Bank will look at introducing Islamic financing into its product range to capture an "untapped" market that could be worth millions of dollars.

A $25,000 post-graduate scholarship will also b