Building on its ambition to become the developed country by 2023 , Afghanistan continues to drive its policy actions in various economic sectors and its macroeconomic management. Infrastructure investment is claimed as benefited solution offering diversification ,low double digit returns (majority from cash yield) and rest from capital appreciation.
It’s been more than four months GCC countries such as Saudi Arabia, Bahrain and UAE has imposed transportational, economical and diplomatic sanctions on Qatar such as backing out diplomatic relations, shutting land, sea and air ties, asking their people to leave Qatar and expelling Qatari nationals from GCC.
I have seen this statement being repeated in many places: on TV, in social media, books, conferences, magazines, and newspapers.
The global Islamic finance and banking industry is growing at unprecedented rate around the world and many countries are tapping into the various opportunities that lucrative sector is spurring.
Centuries ago in Asia, tea was a refreshing beverage not only appreciated for its medicinal properties, but also because it represented a form of money, as it was used as a means of exchange in trade.
In addition to tea, throughout history, precious metals and other objects (such as shells, honey, rice, salt …) have been used for the same purpose: to facilitate value exchange between people.
The Islamic banking and finance industry is advancing around the world with number of countries tapping into this lucrative sector.
The Father of Riba Free Banking in America
I moved to America almost 50 years ago from Egypt. That was after the devastating defeat of 1967, the occupation of huge parts of Egypt and the Middle East and the shattering of our dream of building a new future in Egypt.
Bank OF Whittier began Its Operation At Its present Location in Whittier California on December 20, 1982. In July 2011 Bank of Whittier expanded its unique brand of RF ( Riba Free) services by opening second branch in the city of Richardson, Texas to serve Dallas Forth Worth Area
There are a number of industries that have already witnessed the impact of Artificial Intelligence (AI). But if AI has impacted one industry more than any other, it’s the financial services industry. It therefore should be no surprise that the financial services sector is leading ..
Islamic is a word that some associate with Arab culture and some even consider outdated .
There is no doubt that fintech is a hot topic, particularly from an Islamic banking perspective. According to Ernst & Young..
A vast continent comprising 20 % of the earth’s land mass and enjoying a growing population, which is currently 16 % of the world’s population and endowed with vast unparalleled natural resources, Africa presents itself as a land of opportunity for the intrepid investor. According to Program for Infrastructure Development in Africa (PIDA), African countries will grow at about 6% per year over the next 30 years
From a theoretical perspective, the Islamic finance industry has a very high potential of growth in the Maghreb region, which is constituted of five Moslem countries with 99% of their population sharing the same faith.
Disruptive Change: Impact and Challenges
In line with what’s occurring globally, the 13th WIEF theme reflects the transformations motivated by disruptive technologies and, despite this, there are positive inclinations arising amid a contradictory sentiment.