Islamic Banking

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Latest blogosphere posts tagged “Islamic Banking”

  • Switzerland Ban on Minarets Condemned


    The Islamic WorkplaceAuthority Authority: 128
    “[The ban] raises concerns as to whether fundamental rights of individuals, protected by international treaties, should be subject to popular votes.” , Thorbjorn Jagland, secretary-general of Council of Europe.Al JazeeraSwitzerland is facing international criticism and charges of intolerance following a shock ...
    4 days ago
  • Dubai World in constructive talks with banks to restructure $28bn in debt


    Muslims Against ShariaAuthority Authority: 605
    DUBAI World says it is in talks with banks to restructure about $US26 billion ($28bn) in debt, easing concerns that the government-owned investment arm will default on all of its $US60 billion in total liabilities. The restructuring will comprise several phases, and Dubai World says it is considering ...
    4 days ago
  • Will European Regulators Cave On Voluntary Haircuts For Dubai World Debt?


    StupidicaAuthority Authority: 177
    Western financial institutions holding the Dubai World debt may be headed for a clash with Islamic banking law. Under Islamic law, investors are required to share in losses and profits. This rule may require Dubai World to seek concessions from creditors as a condition of a bailout from Abu Dhabi. But the laws ...
    5 days ago
  • Islamic banking coming to U.S.?


    GLOBAL ISLAMIC FINANCE CENTRE (GIFC)Authority Authority: 122
    Faithful Muslims dont eat pork. But that doesnt mean they cant enjoy bacon, because they can eat beef or turkey bacon.The same logic can be applied to the Islamic banking system, said Islamic finance scholar Siddhartha Herdegen."They like the products" of conventional finance, he said. "They want it to fit into their ...
    2 weeks ago
  • IBBL trains employees of Nigerian bank


    Bangladesh Economic NewsAuthority Authority: 148
    http://nation.ittefaq.com/issues/2009/11/18/news0891.htm IBBL trains employees of Nigerian bank Business Report The valedictory session of a week long “Pre-Launching Manpower Development Programme” organised by Islami Bank Bangladesh Ltd was held on Sunday at the conference hall of its training and research ...
    2 weeks ago
  • Assignment project by freelance87


    Pro Freelance ProjectsAuthority Authority: 177
    Hi all! I need some one to complete dissertation which is almost complete only need to add 7000 words to it.. only serious bidders its about Islamic Banking. Must pass Copyscape! Happy bidding (Budget: $30-250, Jobs: Copywriting, Report Writing, Technical Writing)Go to [...]
    2 weeks ago
  • Switzerland Joins Islamic Banking World


    GLOBAL ISLAMIC FINANCE CENTRE (GIFC)Authority Authority: 122
    CAIRO – Switzerland became the latest Western country to join the booming Islamic finance system, offering a full range of Shari`ah-compliant banking products and services, reported Qatari daily The Peninsula on Friday, November 13. “We are proud to be the first Swiss private bank to offer such a holistic range of ...
    3 weeks ago
  • Dubai debt sparks bond concerns


    Muslims Against ShariaAuthority Authority: 605
    NAKHEEL, Dubais leading property company and owner of the Palm development, offshore of the Gulf city, is in talks with Dubai World, its heavily indebted parent, over the repayment of a $US3.5 billion ($3.76 billion) Islamic bond. Dubai World, which also owns DP World, the worlds third biggest port operator, ...
    3 weeks ago
  • Ahmadinejad: Obama must choose between Israel and Iran


    Muslims Against ShariaAuthority Authority: 605
    Iranian President Mahmoud Ahmadinejad called on the US to choose between Israel and Iran on Tuesday night, according to Iranian state media. Ahmadinejad said that for a real change in relations to take place, a choice must be made. Speaking in Istanbul at the 25th Session of the Standing Committee ...
    3 weeks ago
  • Double digit growth for Islamic banking assets in 2009


    GLOBAL ISLAMIC FINANCE CENTRE (GIFC)Authority Authority: 122
    Assets held by fully Shariah-compliant banks or Islamic banking windows of conventional banks rose by 28.6 percent to $822bn from $639bn in 2008, according to The Banker’s “Top 500 Islamic Financial Institutions” survey.The London-based magazine found in a July survey that the world’s conventional banks posted ...
    4 weeks ago
  • Ireland: Islamic banking system provides unique opportunity in tough times


    GLOBAL ISLAMIC FINANCE CENTRE (GIFC)Authority Authority: 122
    IN the gloomy 1980s, Irish companies such as Avonmore and Dawn Meats created hundreds of jobs by operating a successful but unusual business in the Mayo town of Ballyhaunis: the slaughter of cattle according to the rules of Sharia law. Imams said their prayers as the cows were killed according to the rules laid down ...
    4 weeks ago
  • Islamic finance and banking: Some basic concepts


    Bangladesh Economic NewsAuthority Authority: 148
    http://www.thefinancialexpress-bd.com/2009/11/04/83319.html Islamic finance and banking: Some basic concepts Md. Touhidul Alam Khan Islamic finance is a form of ethical investment and ethical lending. Under this system loans and investments are made Islamic finance is a form of ethical investment and ethical ...
    4 weeks ago
  • Countries Will Find Their Niche In Islamic Banking


    GLOBAL ISLAMIC FINANCE CENTRE (GIFC)Authority Authority: 122
    KUALA LUMPUR, Nov 3 (Bernama) -- Malaysias first mover advantage in the Islamic banking and finance industry will remain intact, said Standard Chartered Saadiqs Chief Executive Officer, Afaq Khan.Malaysia is a long-term player in the industry and it is very established, he said."It has a deep Muslim population. It has ...
    4 weeks ago
  • IBBL receives award for best Islamic Financial Institution


    Bangladesh Economic NewsAuthority Authority: 148
    http://www.theindependent-bd.com/details.php?nid=147663 IBBL receives award for best Islamic Financial Institution Economic Reporter Global Finance, a US-based financial magazine, awarded Islami Bank Bangladesh Limited( IBBL) as the Best Islamic Financial Institution in Bangladesh for 2009. Joseph D. Giarraputo, ...
    5 weeks ago
  • First women-only bank opens in Iraq holy…


    Talk IslamAuthority Authority: 538
    First women-only bank opens in Iraq holy city. In one of Shi’ite Islam’s holiest cities, a bank has opened a branch only for women, hoping to tap a potentially large market and meet pent-up demand from Muslim women for financial services that meet their needs. The manager of the Najaf branch of the private ...
    5 weeks ago
  • ICB Islamic Bank launches home, auto finance facility


    Bangladesh Economic NewsAuthority Authority: 148
    http://www.thefinancialexpress-bd.com/2009/10/27/82650.html ICB Islamic Bank launches home, auto finance facility To mark the launching of ICB Islamic Home Finance & Auto Finance, ICB Islamic Bank Limited organised a ceremony at a city hotel recently, the company said in a statement. REHAB President ...
    5 weeks ago

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