Blog

Borders staff may lose jobs on Christmas Eve Available at: http://news.bbc.co.uk/1/hi/business/8414862.stm All 1,100 staff at book chain Borders will lose their jobs on Christmas Eve unless […]

Available at: http://business.maktoob.com/20090000408562/Credit_Suisse_pays_fine_over_Iran_sanctions/Article.htm WASHINGTON – US authorities Wednesday hit Credit Suisse with a record fine of 536 million dollars for “egregious” violations of US sanctions on […]

World Bank to help Islamic finance evolve binding rules Reuters/Manama. Available at: http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=332140&version=1&template_id=37&parent_id=17 The World Bank plans to support standard-setting bodies of the Islamic finance industry […]

Winners Of Islamic Business & Finance 2009 Awards Revealed. Available at: http://www.zawya.com/story.cfm/sidZAWYA20091215110534 Amid great anticipation among Islamic bankers, financiers and Islamic banking and finance institutions, the […]

Abu Dhabi Bails Out Dubai World With $10 Billion By Haris Anwar. Available at: http://www.bloomberg.com/apps/news?pid=20601087&sid=aqHghOxWdO00&pos=1 Abu Dhabi provided $10 billion to help Dubai World, the state-owned […]

Islamic Finance Still Profitable (Oxford Analytica), Available at: http://www.forbes.com/2009/12/10/islamic-finance-after-dubai-business-oxford-analytica-islamic-finance.html Prior to the current financial crisis in Dubai, sukuk issuance had started to revive following two difficult […]

Legal minefield awaits Dubai’s Nakheel bondholders By Raissa Kasolowsky and Amran Abocar. Available at: http://www.reuters.com/article/idUSTRE5B21YH20091203 DUBAI (Reuters) – Dubai’s assets may be virtually untouchable, so any […]

By Lahem al Nasser. Available at: http://www.aawsat.com/english/news.asp?section=6&id=18957 When the global financial crisis first struck markets and international financial institutions, it caused massive Tsunami waves that flooded […]