The Waqf Fund
The Waqf Fund was established in November 2006 under the auspices of the Central Bank of Bahrain (CBB) in partnership with Islamic Financial Institutions (IFIs) in Bahrain. Among the founding IFIs were Arcapita Bank, Bahrain Islamic Bank, Kuwait Finance House (Bahrain), AlBaraka Banking Group, Unicorn Investment Bank, ABC Islamic Bank, Shamil Bank (now Ithmaar Bank) and Gulf Finance House. The member institutions made one-time contributions to the Waqf Fund's corpus which is invested in Islamic money market instruments and the return is used to finance the Fund's initiatives. These initiatives are executed through partner organisations.

CBB Sukuk Al-Salam Securities Subscribed
September 2017  
(Manama, Bahrain) The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, Sukuk Al-Salam, has been subscribed by 100%.
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AlHuda CIBE is an established name in Islamic Microfinance sector focusing on Research, Capacity Building Products Development and Publications to promote Islamic Microfinance globally for the last eleven years.
September 2017.
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Centre of Islamic Banking & Economics
Islamic fintech is aspirational but has clear opportunities
September 2017  
Bahrain’s Economic Development Board (EDB), which recently partnered with the Singapore Fintech Consortium to drive fintech development in the kingdom, is confident in developing itself as a regional centre for financial technology and a gateway for
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In Casablanca, September, AAOIFI and Bank al-Maghrib Co-Organize an International Conference, in partnership with the World Bank, under the Theme: “Morocco: Islamic Finance Gateway to Africa and Europe”
September 2017.
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Bank al-Maghrib
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2ND ANNUAL CULTURAL TOURISM MIDDLE EAST
September 2017.
The GCC is gearing up to promote cultural tourism and invest billions to develop new world-class cultural attractions within the region.
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Turkey to Host; World’s Largest Gathering of Islamic Microfinance Industry
7th Global Islamic Microfinance Forum (GIMF) will be Jointly Organized by AlHuda CIBE in Association with Akhuwat and Supported by The Standards and Metrology Institute for the Islamic Countries (SMIIC)
September, 2017  
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With Sukuk & Innovation Driving New Growth Momentum, the Prospects for Islamic Finance in Africa Look Increasingly Promising
Despite being in the early phases of development, the Islamic finance industry in Africa is fast gaining the attention of key stakeholders including central banks & regulatory authorities, as well as the leading international Islamic financial institutions and investors seeking to tap into high-growth opportunities on the continent
September, 2017  
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