Monday, November 27, 2006

Human capital, PT BumiGas Energi sukuk, IIFF

Islamic banking human capital

"Invest to develop human capital in Islamic banking, says deputy minister", The Star, November 27, 2006

A new organization, the Center for Islamic Business Research (CIBR) will work to provide training to Islamic financial professionals in Malaysia. The organization is a joint collaboration of the HELP University College and the Muslim Consumer Association of Malaysia (MCAM)

Sukuk finance of Indonesian geothermal

"Affin Bank: Indon. firm to raise US$308m in bond issue", The Star, November 27, 2006

Indonesian firm PT BumiGas Energi will issue Shari'ah-compliant bonds to finance the construction of two geothermal power plants.

International Islamic Finance Forum, Europe

"Regional Islamic banks urged to consolidate", AMEinfo, November 27, 2006

The primary recommendation made at the International Islamic Finance Forum (IIFF) in Zurich, which recently ended, was for Islamic banks to consolidate. The next IIFF forum will be held in Dubai April 2-5, 2007.

This and many other upcoming conferences are listed on the Institute of Halal Investing website under Conferences.

GCC & Pakistan discuss future of Islamic banking

"Sheikh Tariq Al Qassimi meets Dr Shamshad Akhtar to discuss the potential of Islamic Banking between the GCC and Pakistan", AMEinfo, November 27, 2006

Malaysian Islamic Finance

"Need for more aggressive marketing of Islamic finance", Business Times, November 27, 2006

The Association of Islamic Banking Institutions Malaysia's (AIBIM) president Datuk Abdul Manap Abdul Wahab, said that as the Islamic financial industry expands, further marketing is necessary to make Malaysia a global hub of Islamic finance.

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