|
Home Page -
General
|
|
Source: Staff Reporter
|
|
Friday, 21 March 2008 |
|
The Finance and Leasing Association (FLA), the industry body for asset, consumer, and motor finance sectors, is pleased to announce that Bank of London and The Middle East plc (BLME) has become the latest business to join its Asset Finance Division. BLME, a fully Sharia’a compliant wholesale bank was launched in July 2007 and is the first Islamic bank to become a full member of the FLA. |
|
Last Updated ( Friday, 21 March 2008 )
|
|
Read more...
|
|
UK -
Islamic Current Accounts
|
|
Source: Andrew Guest
|
|
Wednesday, 23 January 2008 |
Lloyds TSB has consolidated its position as a leading provider of Islamic financial services, by launching an account that allows banks to move money around the world on behalf of their individual and business clients, in keeping with Shariah law.
The Islamic Nostro Account is the first of its kind to be offered by a mainstream Western bank and is a Shariah compliant version of the account used by all banks to distribute payments to customers across the world. Whenever individuals or businesses send money to other countries, the payments are made from one bank to another and are passed through a Nostro account in the process. |
|
Last Updated ( Friday, 21 March 2008 )
|
|
Read more...
|
|
|
UK -
Consumer Finance
|
|
Source: David Guest
|
|
Wednesday, 28 November 2007 |
|
 The Financial Services Authority (FSA) has today published a paper setting out its role in the development of the UK as the major European financial centre for Islamic financial products and services.
Worldwide, Islamic finance has grown in recent years at a conservative estimate of 10-15% per annum and is worth about £250bn globally
|
|
Last Updated ( Friday, 21 March 2008 )
|
|
Read more...
|
|
|
Home Page -
General
|
|
Source: Editor
|
|
Wednesday, 14 November 2007 |
 The Chancellor of the Exchequer Rt Hon Alistair Darling MP, and Economic Secretary and City Minister Kitty Ussher MP this morning hosted senior financial sector representatives at a meeting of the High-Level Group on City Competitiveness at No 11 Downing Street.
The High-Level Group met to discuss recent events in global financial markets, transport issues, and to follow up discussions from previous Group meetings on their strategy to enhance the global competitiveness of the City and the UK-based financial sector. |
|
Last Updated ( Friday, 21 March 2008 )
|
|
Read more...
|
|
|
Home Page -
General
|
|
Source: David Guest
|
|
Thursday, 16 August 2007 |
|
Kitty Ussher, City Minister, today hosted the first meeting of the Islamic Finance Experts Group. The Group was set up to act as an industry sounding board for HM Treasury and the Financial Services Authority (FSA) on Islamic Finance. The focus of today's meeting was the Government's feasiblity study into issuing sovereign sukuk. |
|
Last Updated ( Friday, 21 March 2008 )
|
|
Read more...
|
|
|
|
<< Start < Prev 1 2 3 Next > End >>
|
| Results 1 - 20 of 44 |
