Yacoob Alhamer

15 Flips | 1 Magazine | 8 Likes | 1 Following | @yalhamer | Keep up with Yacoob Alhamer on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Yacoob Alhamer”

These are the top 9 countries for Islamic finance

<b>What is Islamic finance?</b><p>Islamic finance is the provision of financial services that are compliant with Sharia law. According to the IMF’s definition, …

Bank of Tokyo-Mitsubishi UFJ gets Dubai Islamic finance licence | Reuters

DUBAI, July 12 (Reuters) - Japan’s Bank of Tokyo-Mitsubishi UFJ (BTMU) said it had obtained permission from the Dubai Financial Services Authority to operate a so-called Islamic window, underlining growing Japanese interest in sharia-compliant banking.<p>Islamic windows allow conventional banks to …

Australia's NAB seals maiden Islamic financing deal | Reuters

SYDNEY, Aug 27 (Reuters) - National Australia Bank Ltd has closed its first onshore Islamic financing deal, a A$19.9 million ($14.2 million) arrangement to fund a real estate purchase by Sydney-based asset manager Crescent Wealth.<p>The funding platform designed by NAB, the country’s No.4 lender by …

Russia seeks Malaysian expertise in Islamic Finance - Russia Beyond

Russia is looking to Malaysia to assist and build its knowledge and human capital in Islamic Finance, as it looks to introduce the system for its Muslim citizens, IslamicFinance.com reported.<p>According to the website, a delegation from Malaysia, consisting of representatives of a subdivision of the …

G20 finance ministers meet in Turkey as China casts clouds over growth | News Home | Reuters

ANKARA (Reuters) - When the Group of 20 finance ministers and central bankers meet on Friday in Turkey, China’s market turmoil is likely to be the biggest problem they do nothing about.<p>Slower growth in China and rising market volatility have boosted the risks to the global economy, staff of the …

G20 finance chiefs meet to calm nerves as China slows

The finance chiefs are gathering in Ankara at the time of alarming indicators from the global economy, with the latest poor industrial orders from Europe's powerhouse Germany.<p>Under Turkey's G20 presidency -- a role that in 2016 goes to China -- the meeting will formally get underway in the …

G20-Germany urges more Islamic finance integration globally | Reuters

ANKARA, Sept 5 (Reuters) - Islamic finance is increasingly important in the global economy and needs to be better integrated into the international financial system, German Finance Minister Wolfgang Schaeuble told a meeting of the Group of 20 leading economies on Saturday.<p>Islamic finance, which has …

Ukraine should pay debt to Russia in full - Finance Minister

<i>"The $3 billion that we invested should be returned to Russia at the end of the year. We want to invest the funds in infrastructure and other</i> …

German finance minister says central banks powerless in face of too much debt | Reuters

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said on Tuesday that central bank policy could do little to help the economy when people and states take on too much debt.<p>German Finance Minister Wolfgang Schaeublegestures as he gives a speech for a budget debate at the German national …

Tax exemptions to be phased out, list in few days: Finance Minister Arun Jaitley

Finance Minister Arun Jaitley on Wednesday said the government in the next few days will bring out a list of tax exemptions to be phased out as part …

Russia spent 900 bln roubles from Reserve Fund in Jan-Aug - finance minister | Reuters

MOSCOW, Sept 9 (Reuters) - Russia used in the first eight months of the year 900 billion roubles ($13.30 billion) from its Reserve Fund, one of its sovereign wealth funds, to finance federal budget expenditures, Finance Minister Anton Siluanov said on Wednesday.<p>Siluanov, speaking at a government …

Faulty finances: Israel's economic growth below Spain, Greece

A new report published by the Finance Ministry shows that Israel's second quarter growth rate of 0.3% is lower than that of many struggling OECD …

Israel

Dubai Customs’ Finance Department visits DEWA

A delegation of Dubai Customs’ Finance Department employees has paid a visit to Dubai Electricity and Water Authority (DEWA).<p>The DC delegation was …

China finance minister targets fiscal policy, infrastructure to support economy | Reuters

SHANGHAI (Reuters) - China will strengthen fiscal policy, boost infrastructure spending and speed up reform of its tax system to support the economy, the Ministry of Finance said, joining other steps by authorities to re-energize sputtering growth.<p>A laborer works at a construction site of an …