Islamic Finance Archives

Too early for a fair assessment

International Finance DeskJune 15, 2015

by International Finance DeskJune 15, 2015

Prime Minister Narendra Modi’s government has shown great resolve in trying to tackle problems faced by the Indian economy in its first year in office Giovanni Puglisi June 15, 2015: Since the election one year ago, Indian Prime Minister Narendra Modi has energetically toured the world meeting foreign political and business leaders, promoting his government...

Business Leaders

What are smart cities?

International Finance DeskJune 11, 2015

by International Finance DeskJune 11, 2015

It is pertinent to look at this question as India embarks on a mission to create a hundred smart cities Anil Bhaskaran June 11, 2015: India, it is claimed, is on the threshold of creating a hundred ‘smart cities’. It is pertinent, therefore, at this point of time, to take look at the question –...

Finance Wealth Management

New umbrella for flood insurance

International Finance DeskJune 10, 2015

by International Finance DeskJune 10, 2015

It has become an essential ingredient for protecting one’s family June 10, 2015: 2015 is already on the record books as one of the worst years of flooding in US history. The nation’s Midwest and Gulf Coast communities are afloat with homes, vehicles, trees, and personal belongings as the result of record-breaking rainfalls. More than...

Economy

US reports optimistic hiring

International Finance DeskJune 10, 2015

by International Finance DeskJune 10, 2015

Italy and Brazil only countries where employers report negative hiring plans June 10, 2015: The Manpower Employment Outlook Survey, released by ManpowerGroup, reveals US employers’ hiring intentions are among the strongest globally for the third quarter of 2015. Taking into account seasonal variations, the Net Employment Outlook is +16%, which is on par with Q2 2015...

Economy

The Icelandic economy is back on its feet

International Finance DeskJune 10, 2015

by International Finance DeskJune 10, 2015

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...

Banking

Saxo Bank subsidiary set to shake up international transactions sector

International Finance DeskJune 5, 2015

by International Finance DeskJune 5, 2015

Saxo Payments Banking Marketplace provides a seamless conduit for bank transfers June 5, 2015 London: Global trading and investment bank, Saxo Bank, has invested in a business that is setting out to give the burgeoning FinTech sector a genuine alternative to the status quo in international payments. Established in 2013, SaxoPayments is addressing the compliance...

Finance Islamic Banking

An initiative to promote Islamic Finance

International Finance DeskJune 3, 2015

by International Finance DeskJune 3, 2015

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 Wealth Management

CCM expands offerings of green bonds for investors

International Finance DeskJune 2, 2015

by International Finance DeskJune 2, 2015

The company has been buying green bonds since 1999 June 2, 2015: Community Capital Management, Inc. (CCM), a leading fixed income impact investing manager, announced two new green bond investments it purchased on behalf of clients. Bond proceeds for one of the investments helped finance Flats 170 at Academy Yard, a green community in Odenton, Maryland,...

Fintech

Opportunities on the new Silk Road

International Finance DeskMay 29, 2015

by International Finance DeskMay 29, 2015

A lot depends on the way China executes the project and the cooperation extended by other nations Suparna Goswami Bhattacharya May 29,2015: China wants to recreate history. The erstwhile Silk Road, a network of trade routes that allowed exchange of goods and services between Asia and Europe, is getting rebuilt and China’s President Xi Jinping...

Fintech

Changing the rules of the game

International Finance DeskMay 28, 2015

by International Finance DeskMay 28, 2015

A look at the laws governing tax residency in India Pallavi Singhal May 28, 2015: Tax residency is at the core of any taxation system as it determines the sovereign right of a country to tax income. The tax residency determines whether a tax payer is liable to pay tax on global income or source...