IslamicFinance.de

Former Vice President Al Gore announced at the first national conference on social investment in Washington that ESG practices offer “unprecedented opportunities” for investors.
With an estimated 20% of market participants engaged to some extent in sustainable capitalism, Mr. Gore revealed that his goal is to see it reach 80% within 10 years.

Chronicle of Philanthropy listed Islamic Relief USA (IRUSA) as one of the top 25 largest online fundraising organizations in the United States in 2010. It seems that these nonprofit organisations raised more than $1.1 billion online in 2010.
IRUSA raised more than $147 million for charity in its 2009 fiscal year, doubling its earnings from the year before.

The Islamic Financial Services Board today facilitated the signing of the Memorandum of Participation for the establishment of the International Islamic Liquidity Management Corporation (IILM). The primary objective of the IILM is to issue Shari`ah-compliant financial instruments in order to facilitate more efficient and effective liquidity management solutions for institutions offering Islamic financial services (IIFS), as well as to facilitate greater investment flows of Shari`ah-compliant instruments across borders.
This initiative is in line with the IFSB mandates (as stated in its Articles of Agreement) to: a) enhance and coordinate initiatives to develop instruments and procedures for the efficient operations and risk management; and b) encourage cooperation amongst member countries in developing the Islamic financial services industry.