Sunday 30 August 2015
 
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finance

Islamic finance assets to hit $3.2 trillion

The value of assets in the Islamic finance sector is expected to increase 80 per cent over the next five years, to hit $3.24 trillion in value by 2020, according to findings for an upcoming report.   The initial

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GAA signs accord to offer aviation finance courses

Gulf Aviation Academy (GAA) has signed a memorandum of understanding with US-based International Aircraft Engine Association (IAEA) allowing the former to offer aviation finance and maintenance courses at its training facility in Bahrain. The

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AAOIFI seeks members for key technical boards

Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has announced it is inviting nominations for candidates to serve on its technical boards that are tasked to carry out development and revision of it

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WIBC plans Islamic banking benchmark

The World Islamic Banking Conference (WIBC) will be developing a comprehensive performance assessment framework to help Islamic financial institutions assess their ranking and performance vis-à-vis their competitors. The event is hosted

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Bahrain to host global Islamic finance awards

Bahrain will host the fifth Global Islamic Finance Awards (GIFA) next month. Slated for September 28 at the Gulf Hotel, this year’s awards ceremony is being held in strategic partnership with National Bank of Kazakhstan, said a report in

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Key Islamic finance training programme launched in Bahrain

Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI), a global umbrella of Islamic financial institutions, has launched its first executive programme on strategy and leadership for Islamic financial institutions

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Technology issues to be probed at major Bahrain forum

The world’s largest and longest-running gathering of global Islamic finance leaders hosted by Bahrain is set to connect the industry with pioneers and innovators in the financial technology space. Supported by the Central Bank of Bahrain

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NBAD appoints project finance advisory head

The National Bank of Abu Dhabi (NBAD) has appointed Frank Beckers as its managing director and head of project finance advisory.   In his position, Beckers will be responsible for the project finance advisory bus

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Tamkeen, Ithmaar Bank expand finance scheme portfolio

Bahrain's labour fund Tamkeen and Ithmaar Bank have signed an agreement to add BD10 million ($26.3 million) to their joint enterprise finance scheme portfolio as part of efforts to provide financing solutions for enterprises to meet their ne

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Emirati women ‘more likely to work in banking’

Emirati women are more likely than their male counterparts to consider a position in banking and finance (29 per cent versus 11 per cent), found a major survey on Emiratisation. The ‘Emirati Employment Report’, by Oxfo

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