Friday, Dec 5, 2025

International Finance

Category : Islamic Banking

Islamic Banking

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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Islamic Banking

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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Islamic Banking

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 Banking

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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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

Western governments and companies are poised to test Islamic bond markets

International Finance Desk
by International Finance Desk
The UK’s Islamic Finance Secretariat puts the value of Sharia-compliant assets globally at trillion dollars. A story surfaced in the Malaysian media last September suggesting that the ESB was planning to issue an Islamic-compliant bond, or sukuk, as part of its future funding arrangements. Sukuk are structured to pay profits or rent, rather than traditional...
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Islamic Banking

UK rules unfit for Shariah Banks hinder Sukuk Growth

International Finance Desk
by International Finance Desk
“The UK is actively engaged with international regulatory counterparts both in Basel and within the EU on this issue,” Prime Minister David Cameron is looking to Southeast Asia to boost the UK’s role in Islamic finance. It is the Bank of England he needs to convince first, say Shariah-compliant lenders based in Britain. Central bank...
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