International Finance

Category : Islamic Banking

International Finance Magazine, Financial Awards – Qatar 2013

International Finance Magazine announces Financial Award winners for Qatar 2013 29th July, 2013 International Finance Magazine has announced the financial award winners for Qatar 2013. IFM Financial Awards-2013 are basedon independent research and a rigorous evaluation process which includes evaluation from an internal research team and an external research agency. The awardees are also judged based...

Overhaul of Malaysian Islamic Finance Laws Protects Depositors

The regulations could also spur takeovers in the Islamic insurance sector through capital base provisions that encourage larger participants. 17th July 2013 New laws governing Malaysia’s Islamic Finance Sector will boost protection for depositors by making religious leaders more legally accountable for financial products, and liable to heavier fines including prison sentence for wrongdoing. The...

Overhaul of Malaysian Islamic Finance Laws Protects Depositors

The regulations could also spur takeovers in the Islamic insurance sector through capital base provisions that encourage larger participants. 17th July 2013 New laws governing Malaysia’s Islamic Finance Sector will boost protection for depositors by making religious leaders more legally accountable for financial products, and liable to heavier fines including prison sentence for wrongdoing. The...

Turkey to expand the use of Islamic bonds

Turkish government is working on new regulations to allow wider use of a range of sukuk debt. Pushing to expand the use of Islamic bonds to diversify the country’s financing sources, the Turkish government is working on new regulations to allow wider use of a range of sukuk debt. The Turkish treasury currently only issue...

Takaful seeks to diversify product range

Shariah-based Takaful Insurance of Africa is banking on product diversification and opening of more shops to establish itself better in the region. Shariah-based Takaful Insurance of Africa is banking on product diversification and opening of more shops to establish itself better in the region. The insurer has already acquired an operating licence from the Retirement...

The Internet in Egypt, First Revolution now Jobs?

E-commerce is gradually becoming a means to provide new jobs for fresh graduates in Egypt. Cairo – Today, well over two years into the Egyptian revolution, increased numbers of Egyptian youth are still struggling to find jobs. With political instability looming large, the economy receives one blow after another. Unemployment has hit new highs –...

London to Capitalize on Thriving Islamic Finance Market

As of now nearly 25 law firms in the U.K offer Islamic finance expertise. The U.K. has three licensed Islamic banks, and 22 traditional banks now offer Islamic banking services. 5th July 2013 London is working hard for an increased share of the global Islamic finance market as the sector expands to a forecast $...

Promoting Cross-Border Islamic Finance Business Between Malaysia and the United Kingdom

United Kingdom have taken a key interest in Islamic Banking and have undertaken greater initiative in cross border trade. Malaysian and UK Islamic banks have agreed to undertake greater collaboration in cross-border Islamic liquidity management transactions. The decision was made at the end of the Malaysian-UK Islamic Treasurers Workshop, which was held at the Westminster...

London to Capitalize on Thriving Islamic Finance Market

As of now nearly 25 law firms in the U.K offer Islamic finance expertise. The U.K. has three licensed Islamic banks, and 22 traditional banks now offer Islamic banking services. 5th July 2013 London is working hard for an increased share of the global Islamic finance market as the sector expands to a forecast $...