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	<title>IAI Review.org &#187; Islamic Finance</title>
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	<description>Alternative Investment Industry</description>
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		<title>Dr. Muhammad Nedal Alchaar: “Islamic finance is the example of perfection and laziness”</title>
		<link>http://www.iaireview.org/2010/09/dr-muhammad-nedal-alchaar-%e2%80%9cislamic-finance-is-the-example-of-perfection-and-laziness%e2%80%9d/</link>
		<comments>http://www.iaireview.org/2010/09/dr-muhammad-nedal-alchaar-%e2%80%9cislamic-finance-is-the-example-of-perfection-and-laziness%e2%80%9d/#comments</comments>
		<pubDate>Thu, 23 Sep 2010 15:27:19 +0000</pubDate>
		<dc:creator>staff</dc:creator>
				<category><![CDATA[Alternative Investments]]></category>
		<category><![CDATA[Islamic Finance]]></category>

		<guid isPermaLink="false">http://www.iaireview.org/?p=3695</guid>
		<description><![CDATA[On 21st of September this year the meeting took place between Dr. Muhammad Nedal Alchaar Secretary general of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), and the Russian association of experts in Islamic financing . On the meeting the experts exchanged their opinions concerning prospects of development of Islamic financial institutions and products in Russia, application of AAOIFI standards in the field of accounting, audit and norms of Shariah, and also actual world tendencies of the young industry. 
The meeting was started from words of Rushan Hazrat Abbyasov, Head of the International Relations department of Council of Mufties of Russia who introduced the honored guest and told about the role of the organization in the world finance. Madina Kalimullina head of Economic programs office of Council of Muftis of Russia, Roustam Vahitov, member of coordination council of RAEIF, Head of group of the international taxation of «Pepelyaev Group» ...]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Islamic Finance in Russia: New Scope for Thinking</title>
		<link>http://www.iaireview.org/2010/06/islamic-finance-in-russia-new-scope-for-thinking/</link>
		<comments>http://www.iaireview.org/2010/06/islamic-finance-in-russia-new-scope-for-thinking/#comments</comments>
		<pubDate>Wed, 09 Jun 2010 14:05:01 +0000</pubDate>
		<dc:creator>staff</dc:creator>
				<category><![CDATA[Alternative Investments]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Russia]]></category>

		<guid isPermaLink="false">http://www.iaireview.org/?p=2461</guid>
		<description><![CDATA[Islamic finance seems to be starting to be implemented in Russia, although by very careful steps. The potential size of the market has received various estimates, from a modest 10 percent of the practicing Muslims to the whole ethnic Muslim population of more than 30 million, or even more. However, it is understood by experts that the demand of the population would definitely not be the leading factor in the development of this sphere: It is more about business preferences with regard to ethical aspects. 
There is no doubt that the near future will witness rapid development of the industry. Already a number of Russian companies like Linova, Safinat and Islamic Finance House are half way through starting new Islamic finance projects.
In this regard, development has started recently on a lot of new programs and beginnings. Among them are educational programs, expert organizations and working groups within different state and ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The World Comes to Toronto: The Growth and Potential of Islamic Finance will be on display</title>
		<link>http://www.iaireview.org/2010/03/the-world-comes-to-toronto-the-growth-and-potential-of-islamic-finance-will-be-on-display/</link>
		<comments>http://www.iaireview.org/2010/03/the-world-comes-to-toronto-the-growth-and-potential-of-islamic-finance-will-be-on-display/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 09:16:31 +0000</pubDate>
		<dc:creator>staff</dc:creator>
				<category><![CDATA[Alternative Investments]]></category>
		<category><![CDATA[Family Office and Wealth Management]]></category>
		<category><![CDATA[Hedge Funds]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Real Estate and Property]]></category>
		<category><![CDATA[Ufana Conference]]></category>

		<guid isPermaLink="false">http://www.iaireview.org/?p=483</guid>
		<description><![CDATA[
Politicians, Bankers, Real Estate Agents, and members of the global financial community will convene in Toronto at the inaugural Usury-Free Association of North America (UFANA) conference on March 30th and March 31st at Sheraton Centre Hotel in downtown Toronto.  
Leaders from the world’s business community are descending upon Toronto for a two day conference sure to satisfy and peak the insatiable appetite for Islamic Finance across the globe.
The conference comes on the heels of three major studies: Islamic Finance in North America 2009 report by Yasaar Media, Zawya Sukuk Report and the January 2010 release of the Canada Mortgage and Housing Corporation (CMHC) study that notes most forms of Islamic financing, including Shari’ah-compliant mortgages, would pose no concluded hurdles if widely offered in Canada.  The latter report, by the law firm Gowling, Lafleur Henderson LLP, found no legal impediment to the practice becoming more common. &#8220;Islamic financial products should not ...]]></description>
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		<slash:comments>49</slash:comments>
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		<item>
		<title>Glossary of Islamic Finance Terms</title>
		<link>http://www.iaireview.org/2010/01/glossary-of-islamic-finance-terms/</link>
		<comments>http://www.iaireview.org/2010/01/glossary-of-islamic-finance-terms/#comments</comments>
		<pubDate>Sun, 17 Jan 2010 14:49:09 +0000</pubDate>
		<dc:creator>staff</dc:creator>
				<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[glossary]]></category>

		<guid isPermaLink="false">http://www.iaireview.org/?p=76</guid>
		<description><![CDATA[Bay salam
 
A sales contract where the price is paid in advance and the goods are delivered in the future, provided that the
characteristics of the goods are fully defined and the date of delivery is fixed.
 
Diminishing musharaka
 
A form of partnership in which one of the partners undertakes to buy the equity share of the other partner gradually
until ownership is completely transferred to the buying partner.
 
 
Gharar
 
An exchange transaction in which one or both parties remain ignorant of an essential element of the transaction.
 
 
Halal
 
Lawful; permitted by Sharia.
 
 
Haram
 
Unlawful; prohibited by Sharia.
 
 
IFI
 
Islamic financial institution.
 
 
Ijara
 
Lease financing. The purchase of the leased asset at the end of the rental period is optional.
 
 
Ijara muntahia bittamleek
 
A form of lease contract that offers the lessee the option to own the asset at the end of the lease period, either ...]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Islamic Finance Events</title>
		<link>http://www.iaireview.org/2010/01/islamic-finance-events/</link>
		<comments>http://www.iaireview.org/2010/01/islamic-finance-events/#comments</comments>
		<pubDate>Sun, 17 Jan 2010 14:45:35 +0000</pubDate>
		<dc:creator>staff</dc:creator>
				<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[islam]]></category>

		<guid isPermaLink="false">http://www.iaireview.org/?p=73</guid>
		<description><![CDATA[Now entering its 3rd year, the Islamic Finance news Roadshow is preparing for a longer and stronger series of events. Following the phenomenal success of the past two years, we are pleased to announce dates for 2010, including an additional 9 developing Islamic financial markets. Over 4,000 delegates have attended during the past two years.
At the turn of the year the Islamic finance industry had somehow been relatively unscathed and many were predicting 2009 to be its unveiling to previously uninterested markets. This was not the case. The Middle East was soon to witness an avalanche of poor results within the Islamic finance space with few deals coming to fruition. Other previously key markets were also suffering a similar fate. However, in comparison to the conventional markets, Islamic finance has stood up to the recession relatively well. And now, as issuers and investors around the world try and piece together ...]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Islamic Finance: a new perspective</title>
		<link>http://www.iaireview.org/2010/01/islamic-finance-a-new-perspective/</link>
		<comments>http://www.iaireview.org/2010/01/islamic-finance-a-new-perspective/#comments</comments>
		<pubDate>Fri, 08 Jan 2010 16:13:56 +0000</pubDate>
		<dc:creator>staff</dc:creator>
				<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[alternative investment]]></category>

		<guid isPermaLink="false">http://www.iaireview.org/?p=48</guid>
		<description><![CDATA[While not being here in person, most certainly I am here in the commitment to this conference on Islamic finance, organised by Banca d&#8217;Italia, to speak on the subject of Islamic finance from the perspective of a Central Bank. As the international financial markets and the global economy recover from the repercussions of the financial disruptions and dislocations that have occurred in the major financial systems, there have been wide ranging proposals to strengthen the foundations for financial stability, and reviews of the existing institutional arrangements in the international financial system.
http://www.bancaditalia.it/studiricerche/seminari/2009/islamic_finance/Aziz.pdf
]]></description>
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		<slash:comments>0</slash:comments>
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