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Awqaf South Africa and AlHuda-CIBE sign an MOU at Johannesburg
AWQAF SA and Pakistan based Al Huda Centre of Islamic Banking and Economics (Al Huda CIBE) formally entered into a Memorandum Of Understanding (MOU) at Gallagher Estate, Sandton , Johannesburg, at the closure of the International Conference on Islamic Banking and Finance in Africa organized by AlHuda CIBE.....
 
Mr. Zuair Mughal, CEO Alhuda CIBE & Mr. Zeniel Kajee CEO Awqaf South Africa at MOU signing Ceremony
 
 
 
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Shariah friendly Italian financial instruments
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Studio Associate Dagradi & Soleto of Milan, has recently concluded an agreement with Erremme Business Advisors, consulting firm specialised in Islamic Finance based in Malta and working in various Gulf countries. The common goal is to provide a legal and fiscal framework of Islamic Finance assistance in the Italian jurisdiction.

The reason why Islamic finance in Italy is not as widespread as in other countries is because of the lack of legislative incentives. However the combination of expertise has allowed the design of instruments that mitigate the effect of the non-Shariah friendly legislation.

 
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