Sami Al Suwailem, CEO, IRTI
. The speakers deliberated on various aspects of the need to create a new Islamic profit rate benchmark, the issues with using LIBOR, the developments regarding LIBOR's replacement and the practical issues in implementing a new benchmark.
is an important partner in the success of the program, as it is enhancing both the academic and practical sides of the program," Dr.
A unit of the Islamic Development Bank (IsDB) Group, IRTI
launched the "Core Principles for Effective Waqf Operations and Supervision and Cash Waqf-Linked Sukuk last week in Bali, Indonesia, on the sidelines of the Annual Meetings of World Bank and International Monetary Fund (IMF).
In a statement, IRTI
said that the two parties expect to cooperate on the production of a number of such reports, the first of which is to be on the Republic of Djibouti.
The MoU was signed by BIBF director Dr Ahmed Al Shaikh and IRTI
director general Dr Humayon Dar.
Produced by the Islamic Research and Training Institute (IRTI
) and the General Council for Islamic Banks and Financial Institutions (CIBAFI), in collaboration with the Bank of Khartoum.
He stated, "We would like to express our appreciation to the Islamic Research and Training Institute (IRTI
), a member of IDBG, for reviewing the Kingdom's Sukuk capacity needs and holding during last January, Sukuk Training for Government staff in Amman."
Published on 30 June by the Jeddah-based Islamic Research and Training Institute (IRTI
, a member of the Islamic Development Bank Group) with the backing of Thomson Reuters and the General Council for Islamic Banks and Financial Institutions (CIBAFI), Malaysia Islamic Finance Report 2015 - Mainstreaming Islamic Finance within Global Financial Systems notes that Islamic finance is a strategic industry for Malaysia for the same reasons that the overall financial sector is critical to the functioning of any economy, "...
Toukan said that the dinar-denominated Sukuk, expected to be issued this year, would be used as an instrument to absorb excess liquidity (estimated to be 1.4 billion dinars) held by the Kingdom's for Islamic banks." He added: "I would like to thank the Islamic Development Bank Group (IDBG) for its long-standing support and valuable contribution to enhance the development process in the Kingdom." "We would like to express our appreciation to the Islamic Research and Training Institute (IRTI
), a member of IDBG, for reviewing the Kingdom's Sukuk capacity needs and holding in last January Sukuk Training for government staff in Amman," Toukan noted.
They need financial services because they are often faced with events that call for spending more money than might be available around the house or in the pocket (IRTI
Meethaq launches Oman Islamic finance report Meethaq, the Islamic banking window of Bank Muscat, in a strategic partnership with Thomson Reuters, the Islamic Research and Training Institute (IRTI
) of the Islamic Development Bank, and the General Council for Islamic Banks and Financial Institutions (CIBAFI), launched the Oman Islamic Finance Report 2015 during the 10th World Islamic Economic Forum in Dubai.
Muscat: Meethaq, a pioneer in Islamic banking in Oman and a subsidiary of Bank Muscat, the Islamic Development Bank (IDB) and the Islamic Research and Training Institution (IRTI
) signed a memorandum of understanding (MoU) aimed at jointly supporting business opportunities in the Islamic banking sector.