Mots-clés » Internationale

Banque Zitouna braces for change as major shareholder shake-up imminent

Banque Zitouna will see up to 90.04% of its capital changing hands in the next few weeks as two of its biggest shareholders, the Tunisian government and the IDB, plan to fully divest their shares. 487 mots de plus

Internationale

Islamic finance rises as Mugabe falls

Challenged by a lack of liquidity, foreign currencies and foreign direct investments, Zimbabwe sees Islamic finance as part of the solution to its macroeconomic issues that are hitting hard on its development. 448 mots de plus

Internationale

IDB withdraws financial support from microfinance program in Benin over fraud

In a recent case of poor governance, the IDB has informed Benin in early January of its decision to withdraw from a Mudarabah financing agreement worth XOF16.5 billion (US$30.81 million) aimed at supporting a microfinance program. 307 mots de plus

Internationale

IDB’s Togo withdrawal: Political or technical?

In early January, the IDB has informed Togo of its decision to withdraw from several financial agreements signed in 2016, a pull-out that was not politically motivated, contrary to what a few media outlets had reported, but rather, reveals the financial offhandedness of certain sovereigns benefiting from the multilateral development financing institution’s support. 420 mots de plus

Internationale

Morocco’s Islamic finance development hinges on Takaful

Since the introduction of Islamic finance in Morocco in July last year, the absence of Takaful, which is expected to be accommodated during the first half of the year, has created significant impatience among market players who see this new segment as a catalyst for growth. 530 mots de plus

Internationale

UK-based NGO Islamic Relief Worldwide proposes issuing Sukuk for humanitarian action

To cater to the increasing need in humanitarian funding to aid victims of armed conflicts and weather-related disasters, UK-based NGO Islamic Relief Worldwide has proposed issuing Sukuk for humanitarian action on the sidelines of the World Economic Forum in Davos. 290 mots de plus

Internationale

International insurers slow in tapping the Iranian market despite the lifting of sanctions

As most sanctions targeting Iran have been lifted following the nuclear deal implemented since January 2016, many foreign insurance companies from Germany, the UK, France and Japan, to name a few, have been visiting the Islamic Republic which welcomed them with open arms. 535 mots de plus

Internationale