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Halal Tamweel

Tatarstan Islamic finance hub ambitions boosted - 1 views

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    LONDON: Russian republic Tatarstan's ambition to develop a Sharia-compliant market received a boost this week when the Kazan-based AK Bars Bank became the first Tatar credit to secure a murabaha loan.
Riffat Mughal

Mudarabah Makes Its Name in Pakistan's Stock Markets - 0 views

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    Mudarabah is one of the prime modes of Islamic Financial System. Mudarabah is a kind of partnership, wherein one party provides finance to the other party for the purpose of carrying on business.
Riffat Mughal

First Prudential Modaraba profits crawled up by 0.74pct - 0 views

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    KARACHI: First Prudential Modaraba total comprehensive income for the year grew by meager 0.74 percent year on year (YoY) to Rs 33.674 million during the financial year 2011 (FY11). Earnings per share remained intact at Rs 0.38 per certificate, revealed in a notice issued by the company to Karachi Stock exchange on Friday.
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