Amãna Bank Chairman Osman Kassim exchanging agreements with ICD CEO Khaled Al Aboodi at the 42nd Annual Meeting of IDB Governors in Jeddah, Saudi Arabia Amãna Bank has received confirmation from IB Growth Fund (Labuan) LLP, a subsidiary of the Islamic Corporation for the Development of the Private Sector (ICD), to participate in the Bank’s forthcoming rights issue. ICD is …
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RIYADH — The government is currently considering to allow expatriates to invest in free trade against an annual income tax of about 20 percent, business daily Al-Eqtisadiah reported on Sunday. A number of transactions were limited to the Saudis, which gave rise to the phenomenon of tasattur (doing business in the name of Saudis against certain fees) that has caused …
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Franklin Templeton Investing The world of Islamic finance and investing represents an exciting world of opportunities for Muslims all over the world, and one we think should likely continue to grow. I recently had the pleasure of attending the Global International Islamic Finance Forum (GIFF) in Malaysia and had the opportunity to share our team's views as well as …
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Islamic Finance Today, the exclusive Islamic Banking and Finance Magazine has released its latest April 2016 issue focused on Islamic Microfinance. The magazine which is available for free downloading features articles by Professor Malcolm Harper, Charles Selestine, Abbas Mirakhor, Joy Abdullah and Abdelilah Belatik as well as some exclusive interviews with some well known microfinance specialists including Amjad Saqib, Founder …
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