International Finance

Tag : Islamic Finance

Banking

‘Central Counterparties – what are they, why do they matter and how does the Bank supervise them?’

Financial market infrastructures play a crucial role in helping the economy and financial markets to function.  June  17,2013 :Financial market infrastructures lie at the heart of the financial system. They settle transactions and, by stepping in between buyers and sellers, ensure that financial obligations are met. Central counterparties (CCPs) – also known as clearing houses –...
Islamic Banking

Singapore to host 4th World Islamic Banking Conference –Asia Summit

SINGAPORE will host the fourth edition of the World Islamic Banking Conference: Asia Summit (WIBC Asia), which will bring together more than 480 Islamic finance players and thought leaders under one roof. More than 480 leaders are expected to participate in the World Islamic Banking conference to be held in Singapore from the 3rd to...
Business Leaders

Can Jose “Maverick” Mourinho End Premier League Drought for Chelsea

Jose Mourinho proclaimed that he is “The Happy One” on his return to Chelsea, adding that he is calmer and a better manager than he has ever been. 17th June 2013 “Absence makes the heart grow fonder”, goes a popular adage. Jose Mourinho, the temperamental coach must have felt exactly the same when he was...
Islamic Banking

Boom Times for Islamic Education

The object of the Islamic economic system is to secure the widest and most beneficial distribution of wealth through institutions, set-up by it and through moral exhortation. Muslims worldwide abide strictly by the teachings of their founder Muhammad, who led his life as a humble merchant and was a “trustworthy one” by all those who...
Islamic Banking

Islamic Finance a Global Alternative for Socially Responsible Investment

The Rise of Socially conscious consumers, entrepreneurs and Leaders in the U.S who expect business to play an ethical role in generating social good is the reason for the increase in the performance of Islamic Banking. Islamic finance is certainly the fastest growing segments of international financial markets. While the U.S. relationship with the Islamic...
Fintech

The New Virtual Currency – Bitcoin

Bitcoin startups are beginning to raise sizeable investment capital despite warnings about potential regulation and incidents of hackers abusing the Internet virtual currency for profit. 15th June 2013 Everytime you spend bitcoins to buy a drink at Evr, a bar in Manhattan that accepts the digital currency, you make its co-owner, Charlie Shrem richer. This...
Economy

Euro business growth eases in May, ECB takes steps

Lacklustre growth characterised by a slowdown plagues the EU while its central bank tries to jack up inflation rate that teeters on the verge of deflation, report Team IFM Brussels, June 11: Euro-zone business growth slowed in May, but services output expanded at the strongest pace in almost three years, prompting the European Central Bank...
Economy

Brazil’s industrial output down in April

Manufacturing proves to be a drag on broader economic growth as Brazil tries to come to terms with a drop in production for the second straight month, reports Team IFM Rio de Janeiro, June 11: Brazil’s industrial production in April fell for the second month in a row, as output of capital goods and consumer...
Banking

HSBC is “Numero Uno” among European Banks

HSBC has gone past France and Germany’s largest lenders to take the top spot on a league table of Europe’s biggest banks as its assets grew to more than 2 trillion Euros ( £ 1.7 trillion).  June 11, 2013 : International Finance Magazine, reports on the rise of the bank, its rapid growth and its role...