Islamic financing and investment structures in Oman | Lexology
All questions Common structures The great majority of Islamic banks and Islamic windows in Oman are domestic. There are currently two fully fledged Islamic banks, Bank Nizwa and Alizz Islamic Bank. Additionally, at the time of writing, there were six Islamic banking windows of conventional banks in Oman: Meethaq Islamic Banking (Bank Muscat), Muzn (National…
Bahrain advances with caution
Reduced global oil prices are still impacting economic growth in Bahrain, even as the Gulf state continues to diversify its economy. However, an influx of money from the country’s neighbours, in the form of long-term, interest-free loans – not to mention a fiscal reform policy put in place by the government in 2018 – has…
Resolve Islamic Banking delay, Finance minister directs BoU
Finance Minister Matia Kasaija has said that whereas Bank of Uganda still has challenges, it should work around the clock to quickly resolve the pending establishment of Islamic Banking. Speaking in an interview on Tuesday, Mr Kasaija told Daily Monitor: “I have just finished talking with Bank of Uganda and I am told that we…
Marie Mitchell’s Caribbean recipes with British seasonality
I cook because I love to host and I love to host because I’m a pleaser by nature. I take a lot of pleasure in seeing those I love, and now by extension those who come to my restaurant, having a bloody good time.
UK digital challenger bank Rizq eyeing summer launch | Salaam Gateway – Global Islamic...
LONDON - Rizq, a UK-based Islamic digital challenger bank is preparing for its launch this summer, Akmal Saleem, the fintech’s co-founder and CEO, told Salaam Gateway. “We are building Rizq from a different angle,” said Saleem. “We are positioning Rizq from the Muslim lifestyle perspective. We want to solve mainstream banking issues for Muslims in the West,…
You’re a good Muslim? No problem, we’ve got Islamic binary options accounts
You consider yourself a good Muslim who would never gamble, or deal with interest, which every Muslim knows is haram, or forbidden. But, you also want to make money fast. Well, you’re in luck, or at least a number of Israeli companies would like you to believe you are.
Islamic Bank of the Year Awards 2020
The Banker’s Islamic Bank of the Year Awards for 2020 come at a bewildering time for the Islamic finance sector. Like their conventional counterparts, sharia-compliant lenders face a period of significant retrenchment in 2020 on account of the global coronavirus pandemic and its seismic impact on local and regional economies.
Why the Child’s Rights Act still doesn’t apply throughout Nigeria
Nigeria adopted the Child’s Rights Act in 2003, giving legal consent to both the United Nations Convention on the Rights of the Child and the African Charter on the Rights and Welfare of the Child. The country’s constitution states that for an international law to take effect, Nigeria’s legislature must create a national version.
Police investigate UK far-right groups over anti-Muslim coronavirus claims
Counter-terrorism police in the UK are investigating far-right groups accused of trying to use the coronavirus crisis to stoke anti-Muslim sentiment. The monitoring group Tell Mama said that in March it recorded dozens of incidents of far-right groups allegedly trying to put blame on British Muslims for the spread of the virus.
DEADLINE DAY: All the last minute deals
Transfer Market All the new from the final day of the transfer market 00:00. Thomas is officially an Arsenal player after the Premier League club paid Atletico Madrid his 50m euro release clause. FULL STORY HERE.