Summary: Maldives to set up the First Islamic Bank: The (IBFIM) Islamic banking and finance institute of Malaysia joined hands with the Islamic bank of Maldives for the establishment of the first ever Islamic bank in the country. The aims for to getting this bank under operation are by next year in January. A memorandum of agreement was signed between the both parties at the Global Islamic Finance Forum. The Quran Online is a place on the internet, from where one can learn the teachings of the Quran. As Quran is an obligation for every Muslim, so it is our duty to read the holy book. The Holy Quran provides all ways how Islamic banking and finance should be undertaken. INCEIF to become the Global University in Islamic Finance INCEIF, the International center for Education in Islamic Finance is on track and going forward in becoming a truly global university in Islamic finance. Agil Natt the president and chief officer of the university said that this university would be collaborating with the University of Luxembourg, the Reins Management school of France and the Chinese university of Hong Kong for the next year for Islamic finance education. Quran Online is a place for gaining information about the knowledge of the Quran and being able to read and learn Quran using the Internet. 11 million dollars made from Islamic Sales: An Islamic sales of art and craft held at Sotheby' made around 11 million dollars. The top lot that got sold was an Abbasid pottery bowl belonged to the second half of the 9th century. This was followed by a Persian manuscript illuminated and a leaf of gold colored from the “Blue Koran” belonging to the 9th -10th century. Quran Online is a library available on the internet from where one can gain the teachings of the Quran using the Internet as a resource.
