Friday, Dec 5, 2025

International Finance

Category : Islamic Banking

Islamic Banking

Turkey to expand the use of Islamic bonds

International Finance Desk
by International Finance Desk
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...
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Islamic Banking

Takaful seeks to diversify product range

International Finance Desk
by International Finance Desk
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...
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Islamic Banking

The Internet in Egypt, First Revolution now Jobs?

International Finance Desk
by International Finance Desk
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 –...
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Islamic Banking

London to Capitalize on Thriving Islamic Finance Market

International Finance Desk
by International Finance Desk
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 $...
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Islamic Banking

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

International Finance Desk
by International Finance Desk
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...
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Islamic Banking

London to Capitalize on Thriving Islamic Finance Market

International Finance Desk
by International Finance Desk
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 $...
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Islamic Banking

Viva Kuwait Signs $ 270 Million Loan for Expansion and Diversification

International Finance Desk
by International Finance Desk
The borrowing also includes a $ 70 million Murabaha facility, a cost-plus-profit arrangement compliant with Islamic laws 21st June 2013 International Finance Magazine reports on Viva Kuwait’s loan for its expansion and diversification in the market and explains the Murabaha facility and its impact on the debtor and creditor. Viva Kuwait, an affiliate of Saudi...
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Islamic Banking

Tunisia gets $ 1.2 Billion Funding From Islamic Development Bank to ‘bolster’ its Economy

International Finance Desk
by International Finance Desk
The North African Country has won a $ 1.2 Billion in funding from the Saudi based Islamic Development Bank with an aim to rejuvenate its agricultural and industrial sectors in general and its economy in particular. 18th June 2013 Tunisia has won a $ 1.2 billion in funding from the Saudi based Islamic Development Bank...
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Islamic Banking

Tunisia gets $ 1.2 Billion Funding From Islamic Development Bank to ‘bolster’ its Economy

International Finance Desk
by International Finance Desk
The North African Country has won a $ 1.2 Billion in funding from the Saudi based Islamic Development Bank with an aim to rejuvenate its agricultural and industrial sectors in general and its economy in particular. 18th June 2013 Tunisia has won a $ 1.2 billion in funding from the Saudi based Islamic Development Bank...
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