Dubai, June 28, 2010 : In line with its commitment to offering pioneering Sharia-compliant products and services to its customers, Dubai Islamic Bank Dubai Islamic Bank ( DIB DIB ) announced today the launch of three new account variants to its product portfolio. Read the rest here: Dubai Islamic Bank launches three new account options

28 June 2010 SYM International Finance Corporation, in partnership with the Government of Senegal, convenes a Forum in Bahrain on June 28, 2010, as part of its efforts to assist the Government of Senegal promote the Country Financial Services Center and attract more private investments. See more here: Senegal – Bahrain Islamic Finance Forum

The global Islamic finance industry has been forecasted to touch the AED7.3 trillion (US$2 trillion) mark in the next three to five years. However, Islamic finance has not reached even three percent of the 1.6 billion Muslims globally. See original here: Global Islamic Finance Industry Targets AED7.3 Trillion (US$2 Trillion) in the Next Five Years

28 June 2010 Minister of Economy and Finance Shamseddin Hosseini on Sunday said Iran has acquired permission to issue foreign participation bonds worth 13 billion, which can be heeded by Islamic Development Bank Islamic Development Bank ( IDB IDB ) and banks and financial institutions in the Islamic states. Excerpt from: Plan to Offer 13b Bonds on Int’l Markets

The Islamic finance industry is catching up with Malaysia in offering a full range of services, supporting growth in an industry with $1 trillion in assets, said the chief executive officer of CIMB Islamic Bank Bhd. Original post: Malaysia Leads in Filling Shariah Service Gaps: Islamic Finance

BUSINESS leaders from Scotland’s three biggest cities will today confront finance secretary John Swinney over massive hikes in rates said to be threatening hundreds of fir Here is the original post: Business chiefs take job losses protest on rates to John Swinney