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Islamic fund sets up regional office in Brunei

Partnership (Bahrain) E.C., the general partner and manager for the Islamic Development Bank Infrastructure ... to develop an international financial centre" focussing on Islamic finance.     The fund plans ... of being left out in terms of development funds.     Brunei this year also announced plans to set ...

15/08/2010 - 23:41 - comment 0

$1.5 billion Islamic fund sets up regional office in Brunei

partner and manager for the Islamic Development Bank Infrastructure Fund, said in a statement it had ... of development funds.    Brunei this year also announced plans to set up a global Islamic money market ... "an early success in Brunei Darussalam's strategy to develop an international financial ...

15/08/2010 - 23:42 - comment 0

Islamic Development Bank unveils success of initial Infrastructure Development Fund

Islamabad: The Islamic Development Bank (IDB), ... with the other investors and with the General Partner and Manager, EMP (Bahrain), the Islamic Development Bank ... can work in the Islamic world too.” Dr Ali disclosed that the Islamic Development Bank ...

15/08/2010 - 01:46 - comment 0

Islamic Development Bank announces loans of over $278 million

The Islamic Development Bank (IDB) earlier this week ... in a statement. The Islamic Development Bank (IDB) earlier this week made loans worth ... A loan of 16.5 million went to Qatar to develop an administrative complex, while Brunei received the same ...

15/08/2010 - 23:59 - comment 0

Al Salam Bahrain, Perbadanan Tabung Amanah Islam Brunei form strategic partnership

Bahrain based Al Salam Bank, a leading Shari’ah compliant institution and Perbadanan Tabung Amanah Islam Brunei (TAIB), announced yesterday that they have ... , a leading Shari’ah compliant institution and Perbadanan Tabung Amanah Islam Brunei (TAIB), announced ...

14/08/2010 - 18:33 - comment 0

Bankers urge Islamic banks to develop their own financial reporting standard

that these Islamic banks follow Islamic norms. We should develop an Islamic interbank offered profit rate for Islamic ... conference.They have also urged the regulators to develop an Islamic Inter-bank offered profit rate — to benchmark the ... Central banks of the Islamic countries have been urged ...

14/05/2013 - 03:55 - comment 0

HSBC may expand into Islamic banking

centre.     Sultan Hassanal Bolkiah on Saturday relaunched the Development Bank of Brunei as the Islamic Development Bank of Brunei Bhd, the oil-rich state's second Islamic financial institution.— ... in introducing banking products modelled on Islamic principles in the Middle East and Asia, a report said ...

15/08/2010 - 23:47 - comment 0

Abu Dhabi Islamic Bank hosts International Islamic Financial Market’s ISDA/IIFM TaHawwut Master Agreement Consultative Meeting

and Malaysia, Bank of Indonesia, Bank of Sudan, Ministry of Finance Brunei, Islamic Development Bank, State Bank ... Abu Dhabi Islamic Bank (ADIB), one of the region’s leading Islamic banks, hosted the second ... Bank,regional Islamic banks, international banks, law firms, accounting firm and other market participants  ...

16/05/2010 - 17:28 - comment 0

International Islamic Financial Market finalizing first-ever standardized agreement in Islamic finance

namely Bahrain, Brunei, Indonesia, Malaysia, Pakistan and Sudan, besides the Islamic Development Bank ... The International Islamic Financial Market (IIFM) is in the final stages of developing the first-ever standardized ... facilitate the Islamic banking industry’s commodity Murabaha transactions, which form the bulk of Islamic ...

17/05/2010 - 20:28 - comment 0

Islamic development fund soon to be launched

Islamic fund, which will be managed in Bahrain, reported the <I>Gulf Daily Tribune</I>. Sponsored by the Islamic Development Banks (IDB), The 10-year The final touches ... Tribune. Sponsored by the Islamic Development Banks (IDB), The 10-year venture capital fund is designed ...

15/08/2010 - 23:43 - comment 0