Tuesday 4 August 2015

Corporate governance issues in Islamic finance in focus

Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI), a global umbrella of Islamic financial institutions, yesterday (July 28) announced that it, along with the World Bank, is organising a joint international conference in Amman, Jordan, in September.


Standard Chartered audit head to become UAE chief executive

Standard Chartered has picked Julian Wynter, group head of internal audit, as UAE chief executive, two sources told Reuters on Monday. Wynter is likely to take charge in August after the departure of current UAE chief executive Mohsin Nathani, who resigned from the bank in April,


Dubai realtor S&K blames weak market for bankruptcy

Dubai-based real estate agency S&K Estate Agents said a deteriorating property market in the emirate contributed to its decision to file for bankruptcy and be liquidated. "Simply put, the revenue being generated by the business drastically reduced over the first half of

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