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.

IRTI and CIBAFI Sign MoU to Establish the ‘Islamic Financial Industry Intelligence’ Repository
March, 2016.
(Manama, Bahrain, Jeddah, Saudi Arabia), The Islamic Research and Training Institute (IRTI), a member of the Islamic Development Bank Group, and the General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, today signed a Memorandum of Understanding (MoU) for a joint project to establish the first-of-its kind Islamic financial industry data repository.
The online system, to be named the ‘Islamic Financial Industry Intelligence (IFII)’, is aimed to be a one-stop shop for comprehensive and reliable Islamic financial and non-financial data and information.
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An Ever Memorable Event in the History of Islamic Finance “Nationwide Awareness Road Show on Islamic Banking & Takaful”.
March 2016.

Starting from Peshawar at 1st March will pass throughout the 30 major cities of Pakistan and will reach to Karachi at 31st March. Providing the information on Interest-free Banking and Takaful to the nation of Pakistan, Halal and Haram food will also be rope in.
AlHuda Centre of Islamic Banking and Economics (CIBE) Lahore is pleased to organize a roadshow on the topic of Islamic Banking starting from 1st March with the cooperation of Chamber of CommercePeshawar. The roadshow will start its journey from Chamber of Commerce Peshawar via GT road and will enter in Punjab through Attock and will reach Rawalpindi Islamabad by the way of Abottabad, Haripur on 7th, 8th March.
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Centre of Islamic Banking & Economics
ISFIN partners with ETHICO LIVE to promote the Islamic Banking & Investment Asia & Middle-East Congress 2016
March, 2016  
Combining a highly innovative and interactive conference format with world-class speakers and more than 250 international delegates who bring their own knowledge of Islamic finance from key markets across the world, The Islamic Banking & Investment Asia/Middle East Congress 2016 features a fresh new approach on how industry leaders can engage with the key issues impacting the future of Islamic finance. The Congress will take place on the 5th & 6th of April 2016 at the Intercontinental Hotel in Singapore, under the theme “Responding to Headwinds & Refreshing the Vision for Islamic Finance”, and will be held under the auspices of H.H. Sheikh Salman bin Khalifa Al Khalifa, Special Envoy – Kingdom of Bahrain and Patron of the Islamic Banking & Investment Asia/Middle East Congress 2016.
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Italy's Islamic Bond: NCTM Seeks to Open a Window of Opportunities for Italian Sme's
March 2016.
Italy's Islamic Bond: Nctm seeks to open a window of opportunities for Italian SME's
As Italy’s demand for mini - bonds grows, Nctm Studio Legale (Nctm), the country's leading law firm, has hi red industry experts Shariyah Review Bureau (SRB) to help it structure an Islamic Bond. Under the agreement, SRB, a global Sharia Advisory company, will collaborate with Nctm to help structure and certify the mini- bonds in light of Sharia guidelines.
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Out now the last factsheet -
Out now the last performance report till May 2016
Currencies - Managed Accounts
May 2016
CIBAFI’s 1st Annual Global Forum to Highlight the “Rethinking Values for Sustainable Growth”
March 2016.
(Manama Kingdom of Bahrain) The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions is pleased to announce the launch of its 1st Annual Global Forum: “Rethinking Values for Sustainable Growth”, which is organized by CIBAFI under the Patronage of the Central Bank of Bahrain on the 3 – 4 May 2016, at the Four Seasons Hotel, Manama, Kingdom of Bahrain.
The Forum aims to bring together various stakeholders from the Islamic finance industry, multilateral development institutions, international and national regulatory bodies, policy-makers, and academia to discuss the key emerging issues within the industry.
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