International Finance

Tag : Finance

Business Leaders

‘Crowdfunding is bigger than the internet’

Scott Purcell spurs FundAmerica into a Top Crowdfunding Platform David Drake July 20, 2015: Scott Purcell is a serial entrepreneur experienced in securities, banking, technology, internet infrastructure, publishing, social networking and music industry. He is best known for founding Epoch Networks, one of the first internet providers in the United States as well as the...
Economy

The Icelandic economy is back on its feet

In the aftermath of the financial crisis, the boom in the tourism sector has had a major economic impact June 10, 2015: In the past 20 years, the Icelandic economy has gone through a wild boom and bust roller coaster ride. The economy is very small by most comparisons; the number of inhabitants is only...
Fintech

WhoTrades turnover in Latin America touches $10 billion in 6 months

The client base stands at 8,500 people and is doubling each month May 26, 2015: International Finance Magazine has recognized licensed US brokerage WhoTrades as the fastest growing brokerage in Latin America in 2015. After six months of working in the region, the company’s turnover reached USD 10 bn, while its client base, which currently...
FinanceWealth Management

Ecology Building Society makes investment via crowdfunding platform Abundance

The move extends Ecology’s support of UK Renewable Energy Projects May 5,2015: Ethical investment in the UK continues to thrive and expand its reach as the Ecology Building Society has made an investment of £250,000 through Abundance, the UK’s leading online ethical investment platform. Both organisations have a long commitment to the spirit of democratic...
FinanceIslamic Banking

Islamic finance and the halal industry

There is great potential for correlation between the two Camille Paldi March 31, 2015: The word halal is derived from the Arabic verb Halla, which means to be or become lawful, legal, legitimate, permissible, allowed, admissible, un-prohibited, or unforbidden. Halal is simply that which Allah and the Prophet Muhammad (Pbuh) have allowed to be done...
FinanceIslamic Banking

Japan has Islamic finance in the pipeline

The sword exterior and chrysanthemum interior of Japan is quite conducive to the soft interior of Islamic finance Camille Paldi March 9, 2015: Japan is an emerging Islamic finance powerhouse and East Asian hub for the billion dollar Islamic finance industry. Naoki Nishida, President and CEO of Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad, explains the...
FinanceIslamic Banking

‘The challenge in Indonesia is lack of understanding’

Ciptadana Asset Management on the Sharia investment opportunity in the country with the largest Muslim population in the world February 24, 2015 Indonesia has the largest Muslim population in the world. How is the Sharia Fund doing in the country? The first Sharia Mutual Fund in Indonesia was launched in 1997 and the Jakarta Islamic...
Business Leaders

Bupa Arabia wins accolades for CSR programme

Awards encourage the bank in its CSR initiatives IFM Correspondent February 11, 2015: The year 2014 has been a significant for BUPA Arabia. The bank faced challenges, difficulties but accomplished its targets. In the process, it ended up picking various awards, which is a testimony of their hard work. The bank admits that in the...
Banking

Gulf Bank Wins ‘Best Retail Bank in Kuwait’ Award from IFM

The award highlights the bank’s strategy and commitment to offering its customers the best possible services within a safe and secure framework February 3, 2015: Gulf Bank has announced that it has received the ‘Best Retail Bank in Kuwait’ award from International Finance Magazine, one of the world’s leading financial publications with a readership in...
FinanceIslamic Banking

Islamic insurance: The next global trend

Takaful is about risk-pooling while proprietary insurance is concerned with risk transfer Camille Paldi January 13, 2015: Takaful, or Islamic insurance, is a cooperative scheme, where in the participants pay a premium in the form of donation, or tabarru, in a common pool in return for the ability to draw upon that pool upon a...