Archive for: April, 2011

Change is essential to attract the best talent

Change is essential to attract the best talent

In order to become popular to young people, Islamic finance must bring a smile upon their faces.
At the Bold Talks 2011, a conference about people who have had their human spirit tested and overcame their breaking points, there was an ex-Guantanamo Bay…

Arabic calligraphy exhibition opens

Arabic calligraphy exhibition opens

Dr. Ghaith bin Mubarak al-Kuwari, HE Minister of Awqaf and Islamic Affairs, started an exhibition for Arabic calligraphy (Al-Jood Exhibition) by the internationally renowned artist Sabah Arbili, at the Cultural Village (Katara).
The organisers are: Qa…

Dubai business women discuss Islamic investment opportunities

Dubai business women discuss Islamic investment opportunities

Dubai Business Women Council (DBWC) focused on Islamic investments at the meeting in April.
During the event, the council hosted Yasmin Asalam Khalifa, Regional Sales Manager, Global Asset Management and Liz Martins, Senior Economist, Global Banking &a…

Conference on Islamic microfinance

Conference on Islamic microfinance

The “International Conference on Islamic Microfinance” is going to be held on June 13 in Islamabad. The organiser is AlHuda Centre of Islamic Banking and Economics Pakistan.
Nowadays more than 300 Islamic microfinance organisations are working in I…

Reims Management School launches Islamic Banking and Finance certificate program

Reims Management School launches Islamic Banking and Finance certificate program

Reims Management School (RMS) will launch a pioneering certificate program in Islamic Banking and Finance, that will be held in partnership with the International Centre for Education in Islamic Finance (INCEIF) in Kuala Lumpur, Malaysia.
The unicity o…

Alinma Bank and Deutsche Gulf Finance Sign Cooperation Agreement

Alinma Bank and Deutsche Gulf Finance Sign Cooperation Agreement

Alinma Bank and Deutsche Gulf Finance signed an agreement that has the point to strengthen joint real estate financing and to provide real estate financing programs with affordable, long-term provisions with flexibility in repayment.
Alinma Bank was re…

TM issues RM150m Islamic commercial papers

TM issues RM150m Islamic commercial papers

TELEKOM MALAYSIA BHD posessed on the 25th April RM150 million of Islamic commercial papers (ICP).
It appears that the ICPs were the first tranche under the proposed RM2 billion ICP programnme and Islamic medium term notes.

Yemen delays bond issuance due to spreading turmoil

Yemen delays bond issuance due to spreading turmoil

Because of the protests that are going on for three months now, Yemen may cancel the sale of a 25 billion-rial ($117 million) Islamic bond. This will happen if banks do not have enough liquidity following customer withdrawals during the unrest.
The dem…

Al-Rajhi Cement – Jordan Issues the First Islamic Sukuk in Jordan Managed by Capital Investments

Al-Rajhi Cement – Jordan Issues the First Islamic Sukuk in Jordan Managed by Capital Investments

Capital Investments – the investment banking arm of Capital Bank – succeeded the first issuance of Islamic Sukuk in Jordan for the benefit of Al-Rajhi Cement – Jordan.
It was signed by a number of leading Islamic and commercial banks, including Cap…

New Egypt Eyes to Be Islamic Finance Hub

New Egypt Eyes to Be Islamic Finance Hub

After the derangement of President Hosni Mubarak, chances begin to come along for Egypt to become a new hub for the booming Islamic finance.
Although Egypt is considered the birthplace of Islamic finance, its growth has lagged due to past corruption sc…

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