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Islamic Finance News

Platinum sponsors of 3rd Annual World Islamic Infrastructure Finance Conference announcedMonday, September 8, 2008 @ 4:39AMThe 3rd Annual World Islamic Infrastructure Finance Conference, which will be held at the Intercontinental Hotel Qatar, on 28th October, has again secured platinum sponsorship of the three fastest growing Islamic Institutions in the region: Commercial Bank of Qatar, Al Safa Islamic Banking and Abu Dhabi Islamic Bank (ADIB), a reflection of the unrivaled platform that is WIIFC.

QIB launches Ramadan Ijara promotionMonday, September 8, 2008 @ 12:24AMQatar Islamic Bank (QIB) launched recently a totally new Ijara promotion that is offered for the first time in Qatar for the grace of Ramadan.

QIB launches Ijara promotionSunday, September 7, 2008 @ 8:08PMDoha • QIB launched recently a totally new Ijara promotion that is offered for the first time in Qatar during Ramadan. QIB offers its clients flat rates of 3.99 percent for the first three years for property financing options during the Holy month of Ramadan.

Elaf-Algebra launch $100m Sukuk FundSunday, September 7, 2008 @ 7:09PMMANAMA: Bahrain-based Elaf Bank and Algebra Capital have announced the launch of The Sukuk Fund. Targeting an initial size of $100 million and returns above eight per cent, the open-ended fund seeded by Elaf Bank and managed by Algebra Capital will provide exposure to Sharia-compliant securities issued in the Middle east North Africa and Asia region (MENASIA).

Al Hilal Bank ties up with Etihad AirwaysSunday, September 7, 2008 @ 5:59AMAbu Dhabi, United Arab Emirates 07 September, 2008 - Al Hilal Al Hilal , the newest face in Islamic banking, has announced Etihad Airways Etihad Airways as one of its first strategic airline partners.