Category archives for: Islamic Finance

Chronicle.lu – Luxembourg and Qatar Agree to Cooperate in Islamic Finance and FinTech

Luxembourg and Qatar Agree to Cooperate in Islamic Finance and FinTech via Chronicle.lu – Luxembourg and Qatar Agree to Cooperate in Islamic Finance and FinTech.

ICA Conference opens in Dubai with stellar line up of global economic experts

Lessons from global economic crisis, Islamic capital markets, Middle East economic integration opportunities take top bill at Dubai event Caption:    Mohammed Al Hashemi, President of the UAE Financial Markets Association. Some of the world’s foremost economic experts gathered in Dubai today (Friday) to discuss the lessons that were learnt in the Middle East by the […]

Islamic Capital Market growth comes under scrutiny at ICA Conference

World economic experts gather in Dubai to debate question of how to seize opportunities of economic integration in Middle East. photo caption: Mohammed Al Hashemi, Chairman of the UAE Financial Markets Association. Key factors behind the recent prosperity of Islamic capital markets and prospects for sustainable growth will be analysed by some of the world’s […]

Ithmaar Bank operating income stable at BD37m

Ithmaar Bank operating income stable at BD37m

Operating income continues to be stable at Ithmaar Bank at BD36.8 million, despite a significant compression of margins in overseas subsidiary due to a 300 basis points cut in benchmark profit rates. However, a net loss of BD2.8m was announced for the …

DAC Beachcroft | Islamic Insurance at the Crossroads

DAC Beachcroft | Islamic Insurance at the Crossroads

The Inland Revenue and Stamp Duty Legislation (Alternative Bond Schemes) (Amendment) Ordinance is a new piece of legislation, introduced in Hong Kong. This law, which puts the taxation of sukuk on a level footing with conventional bonds in Hong Kong, m…

Jaiz Bank grows capital by 100% in a year, eyes national banking licence

Jaiz Bank grows capital by 100% in a year, eyes national banking licence

Jaiz Bank is now targeting a national license from the Central Bank of Nigeria (CBN) after having grown its capital base from N5 billion when it started operations last year to about N10 billion. The capital increase will enable the bank to apply for N…

Jaiz Bank Commences Forex Transactions

Jaiz Bank Commences Forex Transactions

Jaiz Bank Plc has joined other commercial banks in processing of foreign exchange transactions. This allows the bank to process forex transactions for eligible bureau de change (BDC) operators at the Central Bank of Nigeria (CBN). The bank will reporte…

Citigroup scales Gulf bond tables without Saudi boost

Citigroup scales Gulf bond tables without Saudi boost

Citigroup is the third largest bond underwriter in the Gulf region this year, up from fourth a year earlier and 19th in 2011. It’s also the fourth-largest arranger of syndicated loans, up from 11th an department metronidazole over the counter canada in was like this t cymbalta without prescription overnight product are face http://www.qxccommunications.com/buy-canadian-drugs-without-prescription.php shows […]

Jordan Islamic Bank leader in solar electricity generation

Jordan Islamic Bank leader in solar electricity generation

Jordan Islamic Bank began some time ago to develop a plan to provide alternative energy in its branches through the use of electric power generation using solar cells. The Bank seeks to disseminate to all branches and offices which achieves savings and…

Private sector drives GCC debt issuance in first half of 2013

Private sector drives GCC debt issuance in first half of 2013

The stock of outstanding GCC fixed income instruments rose to $239.8 billion in the first six months of this year. The largest debtors are the Qatari public sector (23 per cent), the UAE financial sector (16 per cent) and the UAE public sector (15 per …

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