Bena’a Productive Families Center (Jana) in the Eastern Region and the Saudi Arabian Oil Company ( Saudi Aramco ) have signed a partnership deal which will contribute to the development of skills amongst women who will own and run small-scale projects …
After advising Goldman Sachs on a controversial 2$ billion sukkuk programme, Dar Al Istithmar has closed down.
Sources say that most of the staff moved to Khalij Islamic, with offices in London and Dubai. Clients have moved to Khalij Islamic as well.
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Ali Rashid Lootah, the chairman of Dubai government-owned developer Nakheel, assured that his company is in a good financial position and has about $600 million of cash on its balance sheet. The comments followed a recent report from analysts at boutiq…
A three-day regional symposium dedicated to the role of corporations in promoting social responsibility towards labor in the countries of the Gulf region was inaugurated on January 8th at the UN House in Misref. The event was organized by the International Organization for Migration (IOM) in partnership with the Ministry of Awqaf and the Embassy of The Netherlands. The symposium was of significant importance for the GCC countries because it will benefit not only the corporations or company’s CSR but in particular the citizens and expatriate laborers.
The Saudi British Bank (SABB) held three seminars on the topic of Islamic Banking Services. THe seminars took place in Riyadh, Jeddah and Alkhobar, and were organized by the Commercial Banking Services Department. A large group of SABB ‘s prominent cor…
Dear Reader,
Islamic finance had another great year. Many of its market segments progressed, like for example the Sukuk market gaining more maturity. Despite the ongoing debt crisis a good sign of hope and happiness.
Nevertheless we are – as an industr…
Kuwait’s The Investment Dar (TID) continues negotiations of the repayment to its creditors in its B-claim group that was due in June but TID missed the deadline for their repayment. The company declined the claim of creditors for an independent advis…
Kuwait Finance House has informed its shareholders about the planned raising of the share capital by 20 pct . This move should help KFH to maintain stable ratings, improve capital ratios and boost fund expansion.
Source:
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Dear Reader,
The German language book on Islamic finance by the Editor of IslamicFinance.de and Dr Wackerbeck from Booz Consultants is now translated to Chinese.
Please find the biographical information below:
Authors: Michael Gassner / Philipp Wacker…
IslamicFinance.de offers an overview about new job openings of October 2012 herewith – firms aiming to be included please send a job profile/hyperlink to newsdesk@islamicfinance.de – the full details of the advert has to be accessed by the hyperlink be…
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