There are only three Sharia-compliant mutual fund schemes in India—Tata Ethical, Taurus Ethical and Reliance ETF Shariah BeES.

Malaysia introduced rules governing equity-style funding this year while Indonesia has no regulations and Singapore is in consultations.

A director of the company told ET that the board is weighing legal options to obtain a stay on the regulator's decision to cancel the certi...

The prime focus of the Dubai operations would be channelising capital from the Middle East for opportunities in India.

Gulf-based NRIs are learnt to be willing to bring in well over Rs 10,000 crore for infrastructure projects in the state, on Shariah princip...

Al Salam Bank BSC, Bahrain’s fastest-growing lender by revenue in the past year, plans to invest $500 million of Islamic funds in Asia, joi...

Over the past nine months, Indian market has received net inflows of $14.33 billion, about 182 per cent more than last year this time round.

The Casablanca and Kuwait stock exchanges are the best-performing in the Arab world. And the movie's played a big role in wooing Western ca...

The Reserve Bank of India has viewed that Islamic banking cannot be offered by banks in India.