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Islamic finance yet to be fully tested -report

DUBAI, May 22 (Reuters) - Islamic finance weathered the global financial crisis better than conventional banking, but it was not completely immune and has yet to address potential risks, a report by a standard-setting body for the industry says.
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Global Islamic Banking Market Report

...The introduction of new products in Islamic banking is one of the major trends being witnessed in the market in recent years... ...
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Gulf Islamic banks' extra product costs shrinking, study finds

Feb 20 (Reuters) - The extra costs which Islamic banks in the Gulf charge consumers relative to conventional banks appear to be falling, according to a study by credit rating agency Standard & Poor's....
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Saudi Arabia, Malaysia exchanges to boost Islamic finance ties

KUALA LLUMPUR: The stock exchanges of Saudi Arabia and Malaysia have signed an agreement to foster closer ties between the two bourses with a focus on Islamic finance, part of broader efforts to increase cross-border activity in the industry....
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Egypt Islamic banking assets to hit USD18bn in 2014

Islamic banking assets in Egypt are expected to reach around EGP 128 billion (USD 18.4 billion) in 2014, realizing an average growth of 10% to 12%, the governor of Faisal Islamic Bank of Egypt, Abdel Hamid Abu Mousa, told Zawya....
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Barwa Bank wins four International Finance Magazine awards

Doha: Barwa Bank, Qatar’s fastest growing Shariah-compliant banking service provider, has been named as winner of the International Finance Magazine Awards 2013, for “Best Islamic Bank”, “Fastest Growing Bank”, “Best Financial Website Design”, “Best Sukuk Arranger” in Qatar. ...
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Advanced economies ‘can learn from the Islamic system’

The Islamic financial system grew out of the great trading and commercial empires established after the rise of Islam in the seventh century, stretching from the Atlantic coast of North Africa to the islands of South East Asia. ...
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Islamic Banking And Finance Draws Western Interest

KUALA LUMPUR, Oct 17 (Bernama) -- Islamic banking and finance is drawing Western interest as major financial centres in the world gradually make their way to understanding and trying to adopt the financial system....
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Islamic pensions make inroads among asset managers

SYDNEY/KUALA LUMPUR, Sept 15 (Reuters) - Islamic pensions are making inroads in several majority-Muslim countries, and their success may help the growth of asset management industries across much of Asia and the Middle East....
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Testing Islamic finance skills

MANAMA: Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the examinations for its certified Sharia adviser and auditor (CSAA) and certified Islamic professional accountant (CIPA) professional development programmes on September 11 in several locations across the globe....
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