Thursday, Nov 21, 2024

International Finance

Tag : Islamic

Islamic Banking

Spike in interest rates could hamper Islamic finance

International Finance Desk
by International Finance Desk
Base rates are at record lows in Europe with the Bank of England having held its rate at 0.5% for five years now Tim Evershed November 26, 2014: A spike in European interest rates could pose a serious challenge to the growth of Islamic finance across the EU. Base rates of interest are at record...
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Islamic Banking

Three Malaysia banks announce merger

International Finance Desk
by International Finance Desk
The combined entity will become South East Asia’s fourth largest commercial lender and Islamic bank IFM Correspondent October 14, 2014: CIMB Group Holdings Berhad, RHB Capital Berhad and Malaysia Building Society Berhad announced on October 9, 2014 that an application has been made to the country’s central bank seeking approval for its proposed three-way merger....
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Business Leaders

Islamic State: America’s new nemesis

International Finance Desk
by International Finance Desk
The recent turn of events in the Middle-East has raised several pressing questions such as the reason for the US authorising air strikes in Iraq this August Sharan Lal September 30, 2014: The gruesome beheading of two American journalists and a British aid worker in the months of August 2014 and September 2014 have once...
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