MIFC Epicentre October 2014 / Zulhijjah 1435H
 
Awqaf are powerful socio-economic vehicles that, if efficiently managed utilising Islamic finance facilities, have the ability to eradicate poverty, establish socio-economic justice and achieve equitable distribution in a society.
 
These Islamic endowment structures are utilised to fund real economic activities or financial investments and the returns from these are then used to achieve the societal welfare and social benefits.
   
OTHER HIGHLIGHTS:
Securities Commission Malaysia Issues Shariah Parameters on Islamic Exchange-Traded Fund based on Gold and Silver
The Securities Commission Malaysia (SC) issued the Shariah Parameters on Islamic Exchange-Traded Fund (i-ETF) based on gold and silver as guidance and reference from Shariah perspective to facilitate product development by industry participants. The issuance of the Shariah Parameters on i-ETF is an initiative to further develop the Islamic capital market in Malaysia by providing the Shariah requirements for Islamic ETF based on gold and silver.
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Centre for Islamic Wealth Management (CIWM) conference on “Malaysia, The Future Global Private Banking Hub: Opportunities and Challenges”
BNP Paribas-INCEIF Centre for Islamic Wealth Management (CIWM) organised a conference on “Malaysia, the Future Global Private Banking Hub: Opportunities and Challenges”. Current trends towards regional financial integration have presented significant opportunities to tap into the enlarged pool of savings in Asia.
READ MORE HERE
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