The Dubai International Financial Centre (DIFC) and the Dubai Islamic Bank (DIB) are working together to provide Shari'ah-compliant trusts (awqaf).
Gulf Finance House is building a $5 billion residential & industrial city in China. Similar projects are underway in Qatar and India.
A Malaysian government minister encourages Japanese firms to gain exposure to Islamic banking through Malaysian banks.
A conference is planned by the Central Bank of Bahrain (CBB) and the UN Economic & Social Commission for Western Asia (UN-ESCWA) focusing on the role Islamic financial institutions can play in development finance.