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banking
The Islamic Bank of Thailand was set up by the Islamic Bank of Thailand Act B.E. 2545 (2002), as a state enterprise under the Ministry of Finance, administered by a board of governors, with an advisory council on Islamic banking. The bank operates in accordance with the rules of Sharia, or the Islamic rules on transactions. The basic principle of Islamic banking is the sharing of profit and loss and the prohibition of the payment of fees for the renting of money, or businesses related to profiteering, monopolizing, or vices. In an Islamic hire-purchase transaction, instead of loaning the buyer money to purchase the item, the bank buys the item from the seller, and resells it to the buyer at a profit, while allowing the buyer to pay the bank in installments, while asking for strict collateral. The bank customer thus pays a monthly fixed amount, making his financial planning easier. There are presently 100 branches of the Islamic Bank of Thailand, scattered in all regions of the country. The Islamic Bank of Thailand (IBT) was established under a special act by the country’s parliament in 2002, under the supervision of the Ministry of Finance. The objective was to provide Islamic banking services to all customers, irrespective of their religion.
religious institutions
The Islamic Council of Victoria [ICV] which is the peak body for Muslim organisations in Victoria. The ICV represents Victoria’s more than 200,000 Muslims, through its 70 member organisations located throughout metropolitan Melbourne and rural Victoria.
financial services
The Islamic Financial Services Board (IFSB), which is based in Kuala Lumpur, was officially inaugurated on 3 November 2002 and started operations on 10 March 2003. It serves as an international standard-setting body of regulatory and supervisory agencies that have vested interest in ensuring the soundness and stability of the Islamic financial services industry, which is defined broadly to include banking, capital market and insurance. In advancing this mission, the IFSB promotes the development of a prudent and transparent Islamic financial services industry through introducing new, or adapting existing international standards consistent with Shari'ah principles, and recommend them for adoption. To this end, the work of the IFSB complements that of the Basel Committee on Banking Supervision, International Organisation of Securities Commissions and the International Association of Insurance Supervisors. The standards prepared by the IFSB follow a lengthy due process as outlined in its Guidelines and Procedures for the Preparation of Standards/Guidelines which involve, among others, the issuance of exposure draft and, where necessary, the holding of a public hearing. Malaysia, the host country of the IFSB, has enacted a law known as the Islamic Financial Services Board Act 2002, which gives the IFSB the immunities and privileges that are usually granted to international organisations and diplomatic missions. The IFSB is actively involved in the promotion of awareness of issues that are relevant or have an impact on the regulation and supervision of the Islamic financial services industry. This mainly takes the form of international conferences, seminars, workshops, trainings, meetings and dialogues staged in many countries.
religious institutions
Established in 1996, the Islamic Institute of Toronto is a premier Islamic Educational Institution, located in Toronto Canada offering post-secondary courses in Arabic Language, Islamic Jurisprudence, Ethics and Spirituality, Islamic History and Civilization, Comparative Religion and Civic Engagement among others.
Islamic Relief Germany is a German non-governmental organization which was founded in Cologne in 1996. Islamic Relief Germany is a partner of Islamic Relief Worldwide, a network of 15 independent Islamic Relief partner organizations in Europe, Africa, Asia and the USA, which was founded in 1984 in response to the famine in the Horn of Africa at the time. Thanks to our global network of partner and project offices in more than 40 countries, our emergency relief and development projects reach people in need in Africa, Asia, the Middle East and Eastern Europe. Our aid is supported by thousands of local helpers and coordinated by the international office in Birmingham. Islamic Relief Germany's headquarter is in Cologne, with offices in Berlin, Essen and Munich.
religious institutions
civic & social organization
ISA is een islamitische studentenvereniging die in 2009 is opgericht aan de Vrije Universiteit te Amsterdam. Isa is er voor alle studenten aan alle hogescholen en universiteiten. Het combineren van religie en wetenschap en inspiratie putten uit beide is onze visie. Onze slogan: Islam intrigeert ieders intellect! Missie - Het leveren van bijdragen aan de verbetering van de participatie en binding van de (moslim)studenten aan de instellingen voor hoger onderwijs in Amsterdam; Doel: - Het leveren van bijdragen aan de verbetering van de participatie en binding van de (moslim)studenten aan de instellingen voor hoger onderwijs in Amsterdam; - Het bevorderen van de ontplooiingsmogelijkheden en het welzijn van de (moslim)studenten aan de instellingen voor hoger onderwijs in Amsterdam.
architecture & planning
ISLAND Architectural Woodwork Inc. is dedicated to best green practices in fabricating and installing quality architectural woodwork. We aim to build projects that are: - good for people - good for business and - good for our planet In order to keep pace with this goal we adapt to changes in technology and the latest advancements in environmental sciences while never losing sight of the quality and craftsmanship that have earned us our excellent reputation. As a sign of this dedication we pledge to conserve raw materials and natural resources while recycling and reducing waste. We promote the use of raw materials and manufacturing processes which contribute to clean air and water and strive to use non-toxic, renewable and recyclable materials.
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