Monday, Nov 18, 2024

International Finance

Tag : International

Banking

Materialising the concept of ‘Insurance for Everyone’

International Finance Desk
by International Finance Desk
The insurance penetration in Bangladesh is less than 1%, which shows the current scenario of the market February 15, 2016: The insurance industry in Bangladesh is considered to be an untapped sector. It has one of the lowest insurance penetrations in the world (around 1%). While some choose to be pessimistic about it, insurance experts...
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Banking

BisB rights offer 100% subscribed

International Finance Desk
by International Finance Desk
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...
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Uncategorized

World’s largest concentrated solar plant opened in Morocco

International Finance Desk
by International Finance Desk
Underlines country’s determination to reduce dependence on fossil fuels February 10, 2016: Morocco recently launched the first phase of the largest concentrated solar power (CSP) plant in the world.  When fully operational, the plant will produce enough energy for more than one million Moroccan households. Inaugurated by His Majesty Mohammed VI of Morocco, the solar...
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Business Leaders

Ratan Tata’s most cherished moment

International Finance Desk
by International Finance Desk
Says Nano launch elevated Tata Group in terms of visibility IFM Correspondent February 5, 2016: Kalaari Capital, a leading Indian venture capital firm, on February 5 launched Kstart, a seed programme for the next generation of entrepreneurs with disruptive ideas. Ratan Tata, veteran businessman and Tata Group Chairman Emeritus, has taken a mentor’s role with...
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FinanceIslamic Banking

The global route for Islamic banks

International Finance Desk
by International Finance Desk
Revamping IT architecture will be transformative for Islamic banks in 2016 Hans Tesselaar January 22, 2016: One of the fastest growing divisions of the international finance industry today is Islamic banking. The industry, mostly hailing from the Middle East, is estimated to value in excess of $1.48 trillion. Look ahead further into 2016 and we...
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FinanceIslamic Banking

No-interest finance and its benefits

International Finance Desk
by International Finance Desk
Review of The Art of Islamic Banking and Finance (2014) by Dr. Yahia Abdul-Rahman Camille Paldi January 7, 2016: This book is a fascinating account of the journey of Dr. Yahia Abdul-Rahman and his family from Egypt to America in 1968 in his pursuit of several MA degrees and a PHD. It also offers a...
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Business Leaders

2015 IFM Awards presented to winners in London

International Finance Desk
by International Finance Desk
The presentation ceremony took place in The Landmark London Hotel on November 27 IFM Correspondent December 8, 2015: The International Finance Magazine 2015 Awards were presented to the winners at a glittering ceremony in London on November 27. Trophies and certificates were handed over to the winners at a gala dinner hosted at The Landmark...
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FinanceIslamic Banking

Must read for aspiring Islamic banking professionals

International Finance Desk
by International Finance Desk
Review of Islamic Capital Market, Equity and Sukuk (2014) by Dr. Muhammad Hanif, Associate Professor, FAST School of Management, Islamabad Camille Paldi December 2, 2015: This scintillating and succinct book is a refreshing, intellectual journey into the heart of Islamic equity complete with an overview of different types of sukuk and explanation of relevant sukuk...
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FinanceIslamic Banking

The treatment of qard in takaful

International Finance Desk
by International Finance Desk
The operator plays an important role that the management of a conventional mutual does not in the event of a periodic deficit Camille Paldi November 5, 2015: Takaful or Islamic insurance is a booming industry around the world. In fact, many Western insurance companies already engage in the takaful business in the Middle East and...
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Business Leaders

‘Crowdfunding is bigger than the internet’

International Finance Desk
by International Finance Desk
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...
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