Wednesday, Feb 8, 2023
International Finance

Tag : England

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...
Islamic Banking

Spike in interest rates could hamper Islamic finance

Base rates are at record lows in Europe with the Bank of England having held its rate at 0.5% for five years now Tim Evershed November 26, 2014: A spike in European interest rates could pose a serious challenge to the growth of Islamic finance across the EU. Base rates of interest are at record...
Business Leaders

The new LCIA arbitration rules: A change for the better?

The previous rules, introduced in 1998, form the basis of the 2014 Rules Nick Greenwood and Richard Ellison November 11, 2014: The London Court of International Arbitration (LCIA) Arbitration Rules 2014 (the “2014 Rules”), which entered into force on October 1, represent – in the words of the director general of the LCIA – “evolution, not...
Fintech

Scottish independence: The question of your data

International Finance Desk
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...
Economy

Differences at Bank of England

BoE governor has presided over his first split vote. However, the two members who voted for a rate rise are unlikely to be joined by others for a while yet. August 21, 2014: The minutes of the Bank of England monetary policy meeting on August 6-7 showed that the committee voted 7-2 in favour of keeping Bank...