A Tale Of Two Systems - Is Islamic Finance ascending over the decline of Western Banking? Compounded by recent LIBOR and money laundering sccandals, the tawdry financial scandals and ‘casino’ style of trading that have characterised conventional banking in the West in recent years are well-publicised and are widely blamed as being the cause of [...]
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Dohas appealing loans and financial schemes
TheEDGE spoke with several banks around Doha to gain insight into the popular finance schemes and loans available for Qataris and expatriates. The subject of credit in Qatar is often controversial, as loans are not always obtained out of necessity, but also to support a lavish lifestyle. Erika Widén reports. Despite the worldwide financial crisis, [...]
read moreQatar: Banking on Rapid Growth
A well-performing financial environment and burgeoning public expenditure are directly beneficial to the banking system of a domestic economy. With nearly US$100 billion (QR364 billion) worth of investments being planned between 2010 and 2015 in Qatar, public spending is going to be a primary force driving credit growth over the next five years, writes Manjeet [...]
read moreThe Rise of Islamic Finance
As world markets struggle to rebalance following the rupture that was the global financial crisis, one financial industry survivor emerged largely unscathed. Indeed, Islamic or Shariíah compliant finance and finance products proved to be quite resilient to the downturn, and many commentators and investors are turning to this once-niche market for solid returns. Rachel Morris [...]
read moreStandard Chartered Reaches out to Female Entrepreneurs
Standard Chartered introduces the Resource Centre, a valuable source of education, information and inspiration for female entrepreneurs in the Middle East and Asia. Miles Masterson spoke to head of corporate affairs, Haya Mashood, about the challenges facing female entrepreneurs, and how the Resource Centre will help pave the way for them to achieve professional success. [...]
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