Robust treasury management is essential to both conventional and Islamic banks. Banks with strong treasury capabilities are able to position themselves effectively against liquidity and market risks which impact performance and threaten survival during periods of extreme stress, such as the Global Financial Crisis, 2007-9.

In one of the largest judgements issued by the DIFC Courts, the Court has granted Immediate Judgment to nine banks following the failure by the borrower and eight guarantors to re-pay AED1.9 billion syndicated conventional and Islamic facilities (and other failures).

Islamic Sustainable Finance & Investment, the new product and portal by REDmoney, the Islamic finance industry’s leading media group, will officially launch on Monday 9ᵗʰ May 2022.

The construction team is delighted to invite you to an c focussed webinar on the following key topics

The Annual Investment Meeting (AIM) announces AIM 2022 to enhance the attraction of foreign investments in the vital and promising sectors in light of the new global trends.

In a decision announced yesterday, the Financial Action Task Force (“FATF”), being an intergovernmental body and watchdog formed to combat money laundering and terrorist financing, have placed the United Arab Emirates (“UAE”) on its “grey” watchlist. A grey-listing generally applies to countries that have deficiencies in their regimes to counter money laundering and terrorist financing, but which are committed to address the issues...

The Dubai International Arbitration Centre (DIAC) has launched the highly anticipated DIAC Arbitration Rules 2022, which will come into effect on 21 March 2022.

Jamaica’s drive to secure a share of the lucrative tourism market in the Middle East, takes a key step forward today with Minister of Tourism, Hon Edmund Bartlett commencing a series of engagements with major decision makers and travel partners in the United Arab Emirates (UAE). Minister Bartlett will follow up on investment and new market opportunities first broached while in the Middle East in October 2022.

Financial engineering and product development from an Islamic perspective go well beyond the basic tenets of conventional finance. The principles upon which Islamic financial engineering and product development are built are deeply rooted in the teachings of Shariah, and in particular, the rulings of the principles of usoul al fiqh, or Islamic jurisprudence.

Pharmaceutical products can be incredibly time consuming and costly to develop. Pharma companies often bear losses when they undertake research and development to produce vaccines. Consequently, the prices of vaccines must be set at a level to help companies not only recoup their investments in developing a successful vaccine, but also to compensate them for any losses suffered in the failed pursuit of finding treatments for other illnesses.