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Category archives for: Business

Campbell Canada Introduces the First Mainstream Brand Halal-certified Products in the Soup Aisle

Campbell Canada Introduces the First Mainstream Brand Halal-certified Products in the Soup Aisle

NEWS RELEASE
TORONTO, ON – Campbell is taking the lead as the first mainstream brand to launch Halal-certified products in the soup aisle.
There’s a great story behind the launch of Campbell Company of Canada’s line of 15 Halal-certified products for Canada’s growing Muslim community.
“Campbell Canada is committed to making a difference and providing products that meet [...]

UFANA’s G20 Islamic Finance Summit

UFANA’s G20 Islamic Finance Summit

TORONTO: UFANA's G20 Islamic Finance Summit, co-organized by Ryerson University's Ted Rogers School of Business and Institute of Housing and Mobility, was held on Monday, June 28. Eight expert speakers took part in two panel discussions.  The summit was opened by Derek Lee, federal member of parliament for Scarborough-Rouge River.
The first panel provided an introduction [...]

G20 and Islamic Finance in Toronto

G20 and Islamic Finance in Toronto

NEWS RELEASE

TORONTO –When the world’s top 20 governmental leaders meet in Toronto later this week, the stability of today’s current global financial system will be discussed. That will no doubt include the burgeoning Islamic Financial industry which provides a viable alternative to the conventional financial system.
The top 20 economic leaders will aim to throw [...]

Exploring the Enormous Potential of Islamic Finance in Canada

Exploring the Enormous Potential of Islamic Finance in Canada

By JAWED ANWAR
ISLAMIC finance in Canada is now in. It is a reality. The first conference on Islamic finance in Canada was held in March the last two weekdays.  It was organized by UFANA (Usury-Free Association of North America) in Toronto  and attended by financial institutions representatives, investors, financial experts, legal experts, government representatives, law [...]

No Legal Hurdles for Shariah-Compliant Financing, CMHC Reports

No Legal Hurdles for Shariah-Compliant Financing, CMHC Reports

OTTAWA —Islamic financing, including Shariah-compliant mortgages, would pose no legal hurdles if widely offered in Canada, concludes CMHC report released recently.
The 88-page Canada Mortgage and Housing Corp. study notes that Islamic funding instruments are widely available throughout the world. The report, by the law firm Gowling, Lafleur Henderson LLP, found no legal impediment to the [...]

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