Sunday, Nov 24, 2024

International Finance

Tag : Islamic Finance

FinanceIslamic Banking

Islamic insurance: The next global trend

International Finance Desk
by International Finance Desk
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...
Read more
Economy

An unhappy New Year for Argentina

International Finance Desk
by International Finance Desk
It is entangled in a legal battle with hedge funds that bought its debt on the cheap during the 2001 crisis Kamilia Lahrichi January 12, 2015: There will be no truce between the Argentine government and its foreign creditors, despite the expiration of a provision on December 31, 2014 that could have paved the way...
Read more
Islamic Banking

Why the confidence in sukuk offerings

International Finance Desk
by International Finance Desk
Among other things, sukuk compliant to Basel III norms has formed an alternative source of finance for institutions that face difficulties in raising capital through stock issuance Dr. Heba Abou-El-Sood and Dr. Marwan Izzeldin January 8, 2015: In 2014, Britain became the first non-Muslim country to issue ‘sukuk‘, an Islamic financial instrument equivalent to a...
Read more
Fintech

Exploring digital payments at Money 20/20

International Finance Desk
by International Finance Desk
The 2014 event in Las Vegas offered the chance to meet with just about anyone who counts in financial technology Tom Groenfeldt January 7, 2015: With over 7,000 attendees from 2,250-plus companies and coming from more than 60 countries, Money 20/20 in Las Vegas offered the chance to meet with just about anyone who counts...
Read more
FinanceWealth Management

‘GCC can weather the fall in oil prices’

International Finance Desk
by International Finance Desk
Interview with Joel Kukemelk, Fund Manager of LHV Persian Gulf Fund (LHV Asset Management) IFM Correspondent January 5,2015: In which countries does LHV have investment experience? LHV has experience in investing across the world. LHV Asset Management holds the second biggest market share in Estonian mandatory pension fund market, which was launched more than a...
Read more
Business Leaders

Corporate sustainability: No more a charity initiative

International Finance Desk
by International Finance Desk
Companies are realising that businesses grow only if all the stake holders around it grow; be it employees, customers, stockholders or the environment Jaya Smitha Menon December 24,2014: For Barclays, the business of banking goes beyond the profit and loss statements they generate every quarter. They want to play a broader role in the community...
Read more
Fintech

Companies are realising the benefits of digitisation

International Finance Desk
by International Finance Desk
IFM spoke to Paul Jeruchimowitz of Accenture Strategy about the conclusions from their study ‘Disrupt or be disrupted: The impact of digital technologies on business services’ Suparna Goswami Bhattacharya December 23,2014:It is a well-known fact that traditional organisations are now following the example of firms and industries which have been highly influenced by digitisation. Hence,...
Read more
Banking

Odeabank: From the 49th place to 13th in 15 years

International Finance Desk
by International Finance Desk
The total loan book reached Turkish Lira 14.3 billion, total asset size TL 20.3 billion whereas customer deposits reached TL 16.8 billion by the end of the first half of 2014 December 22, 2014: Odeabank made a powerful entry into the sector by obtaining a banking licence for the first time in 15 years in...
Read more
Islamic Banking

For Luxembourg, €200mn bond was just a start

International Finance Desk
by International Finance Desk
The Grand Duchy has a long history of working with the Islamic sector, but is not content to rest on its laurels Tim Evershed December 17, 2014: The government of Luxembourg is ready to help Islamic finance move into the mainstream financial markets with a raft of initiatives. The Grand Duchy has a long history...
Read more
Islamic Banking

The dispute resolution conundrum of the Islamic finance industry

International Finance Desk
by International Finance Desk
The industry cannot survive without solid and uniform regulation, a unique and independent dispute resolution framework and a bankruptcy court Camille Paldi December 12, 2014: As we hear news of the rapid growth of the Islamic finance industry with billion dollar banks, huge dollar sums of Islamic assets, sukuk issuances and the expansion of Islamic...
Read more