International Finance

Tag : Bahrain

Commodity Islamic Banking Trading

IIFM and WGC collaborate to facilitate gold market access for Islamic investors

International Finance Desk
Bahrain's International Islamic Financial Market (IIFM) and World Gold Council led the IIFM-WGC Industry Consultative Meeting on Gold Documentation and Products Standardisation in Istanbul, Turkey...
Banking

BisB rights offer 100% subscribed

Message from bank CEO Hassan Amin Jarrar February 11, 2016: Bahrain Islamic Bank (BisB) announced the final result of the subscription in the capital increase offered during the period from 15th November to 29th November 2015 with 100% being subscribed. Total number of shares offered for the existing shareholders was 170,940,171 ordinary shares. Total shares subscribed were...
Finance Islamic Banking

An initiative to promote Islamic Finance

aafaq Islamic Finance signs MoU with University of Bolton’s Centre for Islamic Finance June 3, 2015: Institute of Finance & Management subsidiary of aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has recently signed a memorandum of understanding (MoU) in London with the University of Bolton’s Centre for...
Finance Islamic Banking

Shari’ah law cannot apply to a commercial transaction in UK

A look into a case settled in 2004 in the England and Wales Court Of Appeal Camille Paldi April 28, 2015: Beximco Pharmaceuticals Ltd, Bangladesh Export Import Co. Ltd., Mr. Ahmad Solail Fasiuhur Rahman, Beximco (Holdings) Ltd. v. Shamil Bank of Bahrain E.C. [2004] EWCA Civ 19, the defendant Beximco Pharmaceuticals Ltd. and the other...