Posts tagged as: Africa

Investment of $100 million for MENA region

Investment of $100 million for MENA region

The IFC and the Islamic Development Bank (IDB) will support the construction of major infrastructure projects across the Middle East and North Africa through an investment of up to $100 million.
The investment is an attempt to stimulate economic growth…

VC Legal Guide to Catalyse MENA VC Deals

VC Legal Guide to Catalyse MENA VC Deals

The MENA Private Equity Association has launched a VC legal documentation guide constructed to give entrepreneurs a practical understanding of the basic terms involved in a venture capital transaction.
The guide has the target on issues specific to the…

IIFM and ISDA Launch Mubadalatul Arbaah (MA) Profit Rate Swap (PRS) Product Standard

IIFM and ISDA Launch Mubadalatul Arbaah (MA) Profit Rate Swap (PRS) Product Standard

The International Islamic Financial Market (IIFM) and the International Swaps and Derivatives Association, Inc. (ISDA) are pleased to announce the launch of the ISDA/IIFM Mubadalatul Arbaah (Profit Rate Swap) product standard to be used for Islamic hed…

Capivest acquires 9% of Naseej and cash in deal totaling over $30m

Capivest acquires 9% of Naseej and cash in deal totaling over $30m

Bahrain-based Capivest successfully closed $30m plus deal with Cemena Holding Company B.S.C. and now owns 9% of Naseej—a fully-integrated real estate and infrastructure Development Company to focus on mega projects in the Middle East and North Africa…

Mideast bond sales soar to record as turmoil fades

Mideast bond sales soar to record as turmoil fades

Middle East bond sales are departing to a record start this year after political unrest that swept through some nations in 2011 decreased and as concern wanished that Europe’s debt crisis would disturb the request for regional debt.
Regional governme…

IslamicFinance.de aims to raise USD 2’500 for quarterly running costs

IslamicFinance.de aims to raise USD 2’500 for quarterly running costs

Dear Reader,
IslamicFinance.de is privately funded for many years. Now, for the first time, you have the possibility to make a contribution, from one Dollar upwards!
The technical details, and the money transfer via paypal is organised by Kapipal a new…

European Islamic Investment Bank Plc : Non-Executive Director Appointment

European Islamic Investment Bank Plc : Non-Executive Director Appointment

Mr. John Robertson Wright was appointed Non-Executive Director of EIIB by the Board of EIIB.
Mr. Wright is a career Banker with important experience in UK and international markets including assignments in India, Sri Lanka, West Africa, Canada, Hong Ko…

8th March: Papers on Woman in Islamic finance for download

8th March: Papers on Woman in Islamic finance for download

Norton Rose Seminar Documentation
Making Their Mark: Women Working in the Middle Eastern Financial
Industry

OECD: Women’s Access to Finance in the Middle East and North Africa (MENA) Region

Women’s Empowerment through Islamic Microfinance in …

Islamic banking in Africa

Islamic banking in Africa

KFH Research made a report about the future of Islamic finance in Africa that shows that there are various promising opportunities for the growth and development of Islamic banking in Africa; especially North African countries, in addition to Kenya, Ni…

Tunisia seeks to establish legal framework to regulate Islamic economy

Tunisia seeks to establish legal framework to regulate Islamic economy

Interim Prime Minister Hamadi Jebali noted that the Tunisian Government will try to establish a legal framework to manage the Islamic economy in Tunisia. He added that the country wants to become a regional centre of Islamic finance.
Moreover, he attes…

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