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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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Bosnia hopes to attract Islamic investments
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Bosnia, still recovering from the 1992-1995 war, hosted a conference in a bid to attract Islamic investors for projects estimated to total about 11 billion euros (14.7 billion dollars). Bosnia is highlighting its possible role as a link between Europe and Islamic states.
"(Bosnia) could serve as a bridge between two worlds," the chairman of the country's tripartite presidency Haris Silajdzic said at the opening of the gathering.
The two-day conference gathering Islamic investors and organised under auspices of the Islamic Development Bank (IDB) is attended by some 600 participants as well as Turkish Prime Minister Recep Tayyip Erdogan.

During the conference more that 150 projects that require foreign investments, worth some 11 billion euros, will be presented. The projects cover notably the fields of energy, tourism, agriculture and infrastructure.
 
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