Search Results for 'Islamic Banking'

BoK Raast Islamic banking branch operative in Mansehra

Peshawar—Managing Director, Bank of Khyber (BoK) Bilal Mustafa has said that the bank is committed to cater the banking requirements of Islamic as well as conventional banking in a befitting manner to promote economic activities in [...]

Posted On : May, 15 2012 | Comments : 0

SC new Islamic banking branch opened

Karachi—As part of Standard Chartered’s commitment to provide high quality Shariah-compliant banking products and services to its customers, the Bank inaugurated its Islamic Banking (Saadiq) branch at Khayaban-e-Hafiz, DHA, Ka [...]

Posted On : Jan, 17 2012 | Comments : 0

Islamic Banking fast gaining ground in Pakistan

LAHORE: Takaful, the Islamic mode of insurance, for being very transparent, is emerging globally as a very viable model and being used successfully as engine of growth in a number of Muslim countries. This was stated by Chief Executive [...]

Posted On : Jan, 15 2012 | Comments : 0

Silkbank to launch Islamic banking

Silkbank Limited has been granted a license by the State Bank of Pakistan (SBP) to commence its Islamic banking operations in Pakistan. It is a result of strong financial growth in existing conventional banking system Silkbank will ventur [...]

Posted On : Dec, 13 2011 | Comments : 0

Nothing wrong with Islamic banking -Okoronkwo

It is about three years since the Supreme Court confronted Mr. Ifeanyichukwu Okonkwo, former governorship candidate of the Nigeria Advance Party (NAP) in Anambra State. In the legal encounter, the apex court referred to Okonkwo as a&lsquo [...]

Posted On : Sep, 04 2011 | Comments : 0

Nothing is wrong with Islamic banking –Cleric

Three of the main issues generating controversies in the country at the moment are whether or not Nigeria should embrace Islamic banking; the six-year single tenure for the president and governors, and the raging Boko Haram violence. Whil [...]

Posted On : Aug, 25 2011 | Comments : 0

Islamic banking: Learn from Sudan’s gory story - Abdulhakeem...

FOLLOWING the continued debate on the introduction of Islamic banking, Nigeria has been called to take a cue from the bloodshed that forged the recent history of Sudan so as to prevent any intractable challenge that the nation may be forc [...]

Posted On : Aug, 21 2011 | Comments : 0

Islamic banking: Panacea to economic growth, says experts

Islamic banking system has been identified as a major contributing factor to the economic development of the country. A Professor of Economics at the Usman Dan Fodio University, Sokoto, Prof Chika Aliyu said the introduction of Islamic ba [...]

Posted On : Aug, 17 2011 | Comments : 0

Relevance of Islamic banking

Don’t you want to change this country?’ This was the rhetoric question Sanusi Lamido Sanusi posed to the honourable members of the House of Representatives recently when he had to address them on the new Central Bank dir [...]

Posted On : Aug, 15 2011 | Comments : 0

BankMuscat gears up for Islamic banking

BankMuscat, the Sultanate’ biggest bank, is fully geared to roll out Islamic banking products, once the regulatory framework is in place. “The recent Royal directive on opening up of Islamic banking has provided new opportunit [...]

Posted On : Aug, 13 2011 | Comments : 0

Islamic Banking: Muslims ready to go to war

It will be a celebrated effort if religious leadership in Nigeria would take full advantage of the present war-cry by Muslims to declare total war on the “Destroyer” (fraud and corruption). This will be a blessing acc [...]

Posted On : Aug, 12 2011 | Comments : 0

Would Islamic banking drive the nation's economy? -Goa'r?

Honourable Emmanuel Goa’r is a member of House of Representatives, representing Kanke, Pankshin and Kanam Federal Constituency in Plateau State. He was once the Speaker of the Plateau State House of Assembly. In this interview with [...]

Posted On : Aug, 10 2011 | Comments : 0

Islamic Banking: Christian groups may apply for own licence

HAVING failed so far to convince the Central Bank of Nigeria (CBN) to withdraw its current guidelines on Islamic Banking, there are indications that some Christian groups may have decided to use a new approach to challenge the apex bank o [...]

Posted On : Aug, 08 2011 | Comments : 0

Still on the matter of Islamic banking

It is now clearly obvious that hardliners on both sides of the religious divide have dominated the debate on the introduction of Islamic banking and fouled the atmosphere of what ought to have been a trenchant national discourse with bigo [...]