Industry titans, pioneers and global leaders in the international Islamic banking and finance industry are set to take part a conference to be held in Bahrain from December 1.
The 21st Annual World Islamic Banking Conference (WIBC
The standardisation of Islamic finance and the future of the industry were discussed at a key conference in Bahrain yesterday (November 17).
Representatives of the Islamic banking sectors from more than 35 countries converged on t
Jordan’s Finance Ministry has rejected proposals from the International Monetary Fund (IMF) to increase sales and other taxes, according to a report.
It has presented a package of alternative measures to increase revenues an
Arab National Bank has signed a credit finance package worth SR2.6 billion ($692.8 million) with Huta Marine Works to finance the construction and development of the King Abdullah Port (KAP) project in Saudi Arabia.
The bank is the mand
Bahrain continues to be the best performing country in Islamic finance with projected growth expected to touch $80 billion by the year-end.
This was highlighted by the Thomson Reuters, research and development head Mustafa Adil du
A new car finance package was launched by Bahraini Jaguar and Land Rover dealer Euro Motors at its Sitra showroom yesterday (October 27).
The dealer has partnered with the Bank of Bahrain and Kuwait to offer customers a finance package
Egypt could tap international bond markets to raise up to $1.5 billion next year to shore up its finances and is open to agreeing an International Monetary Fund loan package if needed, Finance Minister Hany Kadry Dimian said on Thursday.
The chairman of Britain's biggest grocery chain, Tesco, resigned after the company reported a bigger than expected hole in its finances and said accounting transgressions went back further than initially thought.
Islamic finance is growing at twice the rate of the traditional banking industry in its core markets, which include Malaysia, Indonesia, Turkey and the GCC countries, according to an expert.
The industry currently boasts $1.6 tril
A new trade finance solution not yet available in the Middle East is catching on fast in Western financial markets, it has emerged.
Bank Payment Obligations (BPOs) is a payment instrument that's less risky than an open-account