By UNVER SAAD “Patience!, Never try to deviate from your profession and from your area of interest. Concentration to your goal, Allah’s help, supportive family, the prayer of parents are the key factors in the success of a Muslim entrepreneur,” says Faisal Motiwala President of I-Care Pharmacy located at 2 Thorncliffe Park Dr., Unit#26. Faisal [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
