Singapore:  Singapore Minister of Trade and Industry Lim Hng Kiang said his country's desire to offer Islamic finance comes as a natural extension to the financial services it is offering. The industry, he added, has the ability to take more players and more liquidity.

Lim was speaking to a group of journalists from the Middle East following the first annual World Islamic Banking Summit: Asia (WIBC: Asia), which was held in Singapore recently. It was the first meeting of its kind. Previous meetings were held in Bahrain over the last 16 years.. Read More...

Dubai: The Islamic world profiled modalities of capitalism in the 8th and 9th centuries, but today's Muslim countries' Islamic financial hubs are missing something vital — addressing ‘have nots' (micro-finance), and deploying the funds of ‘haves' into Islamic venture capital (VC) funds. Read More...  
 

Ilamic scholar and Central Bank of Nigeria Governor Mallam Sanusi Lamido Sanusi hopes to achieve his dream
by 2020By Rushdi Siddiqui, Special to Gulf News
Published: 00:00 June 14, 2010

It's been one year since Mallam Sanusi Lamido Sanusi, a career banker and an Islamic scholar, was appointed governor of the Central Bank of Nigeria (CBN).

In that year, as Governor of Central Bank of Nigeria, he has witnessed unprecedented changes. Read More...