Banks Must Encourage Development
The Islamic banking industry has proven to be immune to the current financial and political crises affecting the Middle East. The demand on Islamic products is growing in the GCC markets.
Get more from Busienss Life on your smartphone, iPad, or get the print edition that includes exclusive content:
The Islamic banking industry has proven to be immune to the current financial and political crises affecting the Middle East. The demand on Islamic products is growing in the GCC markets.
BL: How can countries manage de-risking?
H.E. Sheikh Abdulla Bin Saoud Al-Thani: Broadly, de-risking is an approach that has gained importance since the global crisis. With weaknesses in balance sheets and excessive leverage, institutions globally are today exploring several ways of de-risking.
Adnan Ahmed Yousif has been the President and Chief Executive of Al Baraka Banking Group since August 2004. He is the Chairman of Jordan Islamic Bank, Banque Al Baraka D'Algerie, Al Baraka Turk Participation Bank, Al Baraka Bank Ltd., South Africa,
Knowledge furthers universal enlightenment. With hard work, Dr. R. Seetharaman, Chief Executive Officer of Doha Bank made his way through the crowd, mounted his horse, and headed for excelling in his banking and social careerslocally and internationally.
The Arab Insurance Institute was created under the umbrella of the GAIF (General Arab Insurance Federation) and owned by over 40 shareholders from insurance-related organizations from across the Arab world. The Arab Insurance Institute is an independent organization providing training and education to insurance-related organizations and individuals across the Arab world.
Insurance in all forms is a never ending investment, we all need to consider regardless of our means or age. Today AL MASHREK, with its far reaching commitment to insurance development, boasts of more than 140 employees spread over 12 diversified branches throughout Lebanon, in addition to its joint venture company in Egypt.
Musa Abdul-Aziz Mohammed Shihadeh, Chief Executive Officer, / General Manager of Jordan Islamic Bank talks to BUSINESS LIFE reporter how he became a pioneer in Islamic banking and the importance of Islamic banking.
‘Intelligence plus character - that is the goal of true education’, declared Martin Luther King, Jr. This statement certainly appears to have found resonance with Mohan Valrani, who, as one of Dubai’s leading businessmen, is now focusing upon his latest venture: that of creating a lifelong educational legacy within the emirate.
Al Wathba National Insurance Company P.S.J.C. (AWNIC) was recently awarded a rating of BBB+ Outlook Stable from Standard & Poor’s Rating services which serve as a recognition of the company’s achievement and track record during the years since its establishment in 1996.
Nasco France is a member of the Nasco Insurance Group and is one of the leading names among the reinsurance brokers in the MENA region, and ranks among the top three reinsurance brokers in France.
Amid Lebanon's constant political upheaval, the unfolding economic crisis has negative implications on the real estate sector. Lebanon’s real estate market has entered a slowdown phase.
The renowned businessman Sheikh Faisal Bin AbdulAziz Bin Jassem Al-Thani, Chairman and Managing Director of Ahlibank Q.S.C who stands behind the remarkable success of the bank expects a very encouraging performance for the bank and he thinks the business could benefit from the government’s budget spending for the coming years.