OurWorld…passionate about business15-Feb-08 Welcome to UK Trade & Investment today Islamic finance initiatives boost UK’s global status A high-level UK delegation to the Gulf region and an upcoming London Stock Exchange event are focusing on future opportunities in the Islamic Finance sector. Lord Mayor of London David Lewis today begins a visit to the […]
Bahrain issues $1bn sukuk Bahrain: 9 hours, 45 minutes ago The size of the Bahrain bond market increased by almost 50% yesterday with the listing of a $1 billion Saudi sukuk on the Bahrain Stock Exchange, reported Gulf Daily News. The listing, the largest ever on the Bahrain exchange, was issued by Saudi real estate […]
Global credit crisis hits Bahrain-based bank Published: 4th February 2008 MANAMA: Arab Banking Corporation (ABC) took a $230 million hit last year for its involvement in the US subprime market. The Bahrain-based bank saw its annual profit fall from $202m in 2006 to $125m last year. The bank is not recommending a dividend for shareholders. […]
Reuters-Summit-Bahrain seeks $350 million for maturing Islamic Bonds
Reuters Summit-Bahrain seeks $350 mln for maturing Islamic bonds Reuters Monday February 4, 2008 By Daliah Merzaban MANAMA, Feb 4 (Reuters) – Bahrain’s central bank plans to renew $350 million worth of five-year Islamic bonds before July and does not expect a global credit crisis will hit pricing, its central bank governor said on […]
List of Major Banks dealing with Shariah Finance-tools for research
Here is a list of banks that are expanding the Islamic Shariah industry worldwide. Also, a link to the major periodicals that discuss Shariah Finance. In order to combat this rising influence on our banking industry, you must learn and understand what it is. This type of banking is a screen to infiltrate into a […]
Euromoney boosts Middle East legal and finance training courses Author: BI-ME Source: BI-ME Published: 17 January 2008 INTERNATIONAL. Euromoney Training, the division of Euromoney Institutional Investor, has announced a bumper programme of courses for lawyers and bankers in the Middle East during 2008. Euromoney and Business Intelligence Middle East recently joined forces to market the programme, in […]
Black Enterprise.com News Briefs about the Middle East Investment Market
BE BUSINESS REPORT AME Info, Abu Dhabi, United Arab Emirates, Business Briefs Column 2008-01-15 AME InfoBy AME Info, Abu Dhabi, United Arab Emirates Jan. 15–DFM UP SHARPLY, ADSM HAS SLIGHT GAIN: The Dubai Financial Market rose sharply today, Tuesday, gaining 182.18 points, or 2.98 percent, to finish on 6,291. National Industries Group was the day’s […]
Link to www.Gulfbase.com, comprehensive site on Sharia Finance and Investments
This site breaks down the investments and funds by countries in the Middle East. It is a good source to follow, and research for those interested in following the growth of funds and indices. You can register on it for updates, however this blog will follow it and post the most relevant articles. comments by […]
Booming Islamic bond market embroiled in debate over religious compliance The Associated Press Friday, January 11, 2008 MANAMA, Bahrain: The booming market for financial products that comply with Islamic law was thrown for a loop recently by criticism from a leading scholar, who has set off a debate about whether the industry has sacrificed religious […]
Business Week-“Who’s Afraid of Mideast Money?”
This is one of the most important articles to read about the emerging power and takeover of the West by Middle East Money. We should all be afraid…very afraid. However the lust for greed and money will be the downfall of the democracy we live under unless we can change this course of selling our […]
Business Week-“Who’s Afraid of Mideast Money?”
<!– if (!window.OAS_sitepage) { var BW_site; // use for new ad site var BW_page = “/printerfriendly”; var OAS_listpos; // use to restrict the number of available page positions document.write(”); } //–> THIS IS ONE OF THE MOST IMPORTANT ARTICLES I HAVE POSTED. IT IS A MUST READ, AND ONE THAT NEEDS TO BE READ AND […]
Sudan is a terrorist state, a leader of the slave industry, and has been part of the terror connection. It is now working with bankers in Europe and raising money and this is a grave concern. There has been horrific genocide in Sudan, and it has econonic sanctions against it. The sale of these bonds […]
Ensuring Syariah Compliance Challenge For Islamic Finance By Yusrin Junaidi Bandar Seri Begawan – The active product innovation in the area of Islamic finance has expanded to a wider investor base, and this has given the Muslim Ummah more choices of Syariah-compliant products. One of the key challenges of such innovation, however, is the […]
This is going to be a huge issues, as we see more of of stock markets and financial companies bought by Kuwait and others. The monitoring of the types of investments made under Shariah control should be of concern, as the laws of Shariah will dictate the investments. Especially troubling will be the pork, entertainment, […]
Sweden approves Dubai’s OMX offer
OMX,Nasdaq,S&P, London Stock Exchange, we better start to get the information out to our freinds, and educate them to the long term problems we face if Sharia Law and Investment start to dictate the manner or business that is traded on these exchanges. Anyone who deals in pork, music, entertainment, publishing of any gossip type […]
Soverign Forays, Business Standard, New Delhi-The impact of the sub prime problem and the high price of oil
This article spells out the real problems of the selling of our corporations to foreign investors, especially the middle east and Dubai, who realize that oil is going to become secondary, and that taking a foothold into the buying of large portfolios is a way to gain footholds into our democracy and economy. The need […]
Dirhams for Dollars-Diversifying Gulf State Investors
Dirhams for Dollars: Diversifying Gulf State Investors Flock to U.S. Markets Flush With Revenue From Oil Prices Approaching $100/Barrel, Mideast Governments and Monarchies are Buying U.S. Office, Industrial, Apartment and Hotel Assets Oil reserves don’t last forever, and Persian Gulf nations are looking to the future, scouring the U.S. and other global markets for investments […]
Islamic Finance-From Reuters, “Safe Haven or Irrational ecuberance?”
Islamic finance: safe haven or irrational exuberance? Reuters Monday December 10 2007 By Mark Bendeich KUALA LUMPUR, Dec 10 (Reuters) – Global financial markets are in turmoil but in the strangely calm world of Islamic finance, no one looks like jumping out of a window any time soon. As conventional credit markets seize up, forcing […]
Need to shift focus from real estate to secondary markets Published: 10 December 2007 MANAMA: Many Islamic investment banks are project-driven and do not have a steady source of bread and butter revenue to tide them over any slumps in economic activity, the Central Bank of Bahrain (CBB) Governor warned yesterday. In a keynote speech […]
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