International Finance

Tag : London

Islamic Banking

For Luxembourg, €200mn bond was just a start

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...
Islamic Banking

Market for takaful in Europe is looking brighter

The parallels with the mutual sector are helping Tim Evershed November 28, 2014: Takaful insurance can have a bright future in Europe due to its parallels with the mutual sector, according to panellists at International Finance Magazine’s EU Islamic Finance and Banking Summit that took place in London on November 18-19. Non-marine mutual insurance can...
Islamic Banking

Spike in interest rates could hamper Islamic finance

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...
Economy

Scottish referendum: Businesses breath a sign of relief

International Finance Desk
The surprise was the comfortable margin of victory for those favouring staying in the UK Tim Evershed September 19, 2014: Global markets and British business leaders responded positively to the news that Scotland had voted to stay part of the UK in its referendum on independence. The Better Together campaign triumphed with over 55% of...
Fintech

Scottish independence: The question of your data

International Finance Desk
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...
Economy

Pre-meltdown stability by June beckons UK

Quarterly figures for manufacturing suggest economic upswing is continuing, and trade deficit contracting, says Team IFM. London, May 11: The UK’s economy could be back to its pre-meltdown figures in June, an independent study said on Friday, while official statistics showed manufacturing gathering steam and trade figures improving in March. An industry body had earlier...