Source: Invest In India National Spot Exchange Limited (NSEL) has launched Shariah compliant E-series products like E-Gold and E-Silver. Under this the retail investors can buy a minimum of 1 unit of gold equivalent to 1 gram of gold and 1 unit of silver equivalent to 100 grams of silver […]
By BusinessWeek Correspondent Dar es Salaam. The launch of Tanzania’s first Islamic bank, Amana Bank, last monht is the latest development in Tanzania and East Africa’s emerging Islamic finance industry. With about half the population being Muslims there is a huge potential for Shariah-compliant financial services in Tanzania. The headquarters […]
Soure: Alislam eGazette – November 2011 Issue Author: Atif Munawar Mir What is Shariah? Shariah is the set of principles and rules outlined in the Holy Qura’n. The Holy Prophet Muhammad, […]