Tag: dubai
| Emirates Islamic Bank Lends Under New Government Initiative |
| 2010.08.03 23:58:35 Rubicon1 | |
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The Emirates Islamic Bank (EIB) became the first bank to lend under a new Dubai Government plan to guarantee financing for some property developments. Khazanah Nasional Bhd issued a $1.5 sukuk. The Arab Bank Group’s net profits fell 11.8% in the first six months of the year. Unicorn Investment Bank announced that Ikbal Daredia will be their interim CEO. The Bahrain Financial Exchange (BFX) announced that it has a new Sharia advisor. Tags: dubai | islamic finance | Sharia advisor | Sukuk
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| Mohammad Rahman and John Foster quoted in PRI’s the World |
| 2010.07.18 21:06:53 bsteensma | |
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IHI chairman Mohammad Rahman and board member John Foster were quoted in a piece about Dubai’s debt crisis and Islamic finance on PRI’s the World. Mohammad and John explain how Islamic finance failed to protect investors from the global economic crisis. You can listen to the full story here, on PRI’s the World. Tags: financial crisis | rahman | foster | dubai |
