Introduction

We are humbly announcing to start Fortnightly International E-newsletter on Islamic Banking and Islamic Finance, with free subscription by Email. For enable us to carry Pakistan experiences of Islamic Banking worldwide. You are requested to contribute us in the form of news/ Research / Articles and provide us Email addresses of your organization/ colleagues/ friends for the better awareness of Islamic Banking and Finance. For free subscription:  newsletter@alhudacibe.com

International News

• IIFM, ICMA sign MoU to develop standardised market practices for sukuk industry
• Islamic mortgage market expands to $1bn in UK
• Dubai Islamic Bank net profit grows 47 per cent to Dh1.56 billion in 2006
• GCC may face flight of Islamic capital
• Islamic International Rating Agency appoints McMullen as senior vice-president
• Emaar profits surge 35pc to reach Dh6.37b
• DJ Islamic Market Index to serve as basis of an ETF
• DFM Index slips 2pc
• NBQ enters into tie-up with NCB to offer Islamic window
• NBAD net profits plunge 18.4pc
• IDB board approves $446.3m for project financing
• Kuwait Finance House wins Islamic banking awards
• Bank Negara is top again in Islamic Finance
• Bank Muamalat shareholders in talks to dispose 30% stake
• Zeti now IFSB chairperson
• No time frame for Bank Muamalat stake sale: CEO