Thursday, Apr 25, 2024

International Finance

Category : 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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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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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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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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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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Singapore to host 4th World Islamic Banking Conference –Asia Summit

International Finance Desk
by International Finance Desk
SINGAPORE will host the fourth edition of the World Islamic Banking Conference: Asia Summit (WIBC Asia), which will bring together more than 480 Islamic finance players and thought leaders under one roof. More than 480 leaders are expected to participate in the World Islamic Banking conference to be held in Singapore from the 3rd to...
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Senegal as the West African Hub for Islamic Finance

International Finance Desk
by International Finance Desk
Senegal’s attraction to banks rests on its macroeconomic and political stability. Senegal as the West African Hub for Islamic Finance Senegal’s banking system is one of Africa’s most competitive. Yet, there is still lot of scope for it to expand and improve due its steady economic growth and a large unbanked population. If this rise...
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Boom Times for Islamic Education

International Finance Desk
by International Finance Desk
The object of the Islamic economic system is to secure the widest and most beneficial distribution of wealth through institutions, set-up by it and through moral exhortation. Muslims worldwide abide strictly by the teachings of their founder Muhammad, who led his life as a humble merchant and was a “trustworthy one” by all those who...
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Islamic Finance a Global Alternative for Socially Responsible Investment

International Finance Desk
by International Finance Desk
The Rise of Socially conscious consumers, entrepreneurs and Leaders in the U.S who expect business to play an ethical role in generating social good is the reason for the increase in the performance of Islamic Banking. Islamic finance is certainly the fastest growing segments of international financial markets. While the U.S. relationship with the Islamic...
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