By John Mackie
Though Islamic finance has made significant headway in Europe and the U.S., it remains in relative infancy in Canada.
In one notable development though, in late December, Toronto-based company Ansar Financial and Development …

The London-based Chartered Institute for Securities & Investment (CISI) has accredited Centennial College’s School of Business as its first training provider in Canada. The college will offer a course in the CISI’s groundbreaking Islamic Finance …

By Wahida Valiante
Islamic History Month Canada (IHMC) is an unparalleled annual initiative launched in October 2007 whose purpose is to inspire Canadian Muslims to share and rejoice in their history, heritage and culture with their …

By Robin Brant
Experts in Islamic finance believe their way of doing business has shielded them from the global credit crisis.
But how does it differ from conventional Western finance?
A former executive director of the International Monetary …

By Royson James
The premier was there. So, too, the federal finance minister and a clutch of mayors, city councillors, economic development officers and board of trade facilitators.
Mayor Hazel McCallion called them an “assembled powerhouse.” And …

From Religion and Ethics NewsWeekly
BOB ABERNETHY, anchor:  Here at home, amid all the losses in the banking and housing worlds, there is one conspicuous exception.  It’s the Islamic practice of doing business without charging or …

World Bulletin / News Desk
The Vatican offered Islamic finance principles to Western banks as a solution for worldwide economic crisis.
Daily Vatican newspaper, L’Osservatore Romano, reported that Islamic banking system may help to overcome global crisis, …

By Faisal Kutty – CANADA’S 500,000 MUSLIMS face a moral dilemma when it comes to conventional banking and investment. Under Islamic law, the charging of interest is prohibited, as is investment in businesses dealing in …