Establishment of Poverty Reduction Fund within the IDB, 21 February 2007...

The meeting of an Experts Group held at the IDB Headquarters in Jeddah discussed the establishment of a "Poverty Reduction Fund" (PRF), in accordance with a resolution of the Makkah...

Posted on: May 21, 2007

The Economics of Islamic Finance and Securitization, an IMF Working...

Islamic lending transactions are governed by the precepts of the Islamic rules, which bans interest and stipulates that income must be derived as return from entrepreneurial investment. Since Islamic finance...

Posted on: May 17, 2007

Bangladesh Finance & Investment Co. Ltd.

Bangladesh Finance and Investment Company Limited (BFIC) provides finance for capital machinery to various industry including construction equipment, energy generating equipment, office equipment, medical equipment and transport. The...

Posted on: May 12, 2007

Development bank of Turkish Republic of Northern Cyprus

Development bank of Turkish Republic of Northern Cyprus announced their 2006 results where total assets have increased by 53.3% from 123.9 million YTL in 2005 to 193.7 million YTL in...

Posted on: May 12, 2007

Phoenix Leasing Co. Ltd changes its name

Phoenix Leasing Co. Limited has changed its name to Phoenix Finance & Investments Limited (PFIL). The company already achieved many milestones since its formation. It has opened its 5th branch...

Posted on: May 12, 2007

The Industrial Development Bank of Egypt

The Industrial Bank was initially established in 1947 as a state owned joint stock company with a capital of LE 1.5 million to provide specialized financing for the industrial private...

Posted on: May 12, 2007

Bank of Industry & Mine

Since its establishment in 1978, Bank of Industry Mine (BIM) has contributed many infrastructural investments directly or indirectly. Financing several cement, steel, transportation and petrochemical projects are some examples. The...

Posted on: May 12, 2007

Bank Kerjasama Rakyat

Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat) was incorporated in 1954. As the largest co-operative bank in Malaysia, Bank Rakyat provides complete Islamic Banking facilities for the co-operative movement in...

Posted on: May 12, 2007

El-Nilein Industrial Development Bank of Sudan

El-Nilein Industrial Development Bank of Sudan (NIDBG) was constituted in1993 with share capital %99 owned by Bank of Sudan. The main objectives of of the Bank is to promote industrial...

Posted on: May 12, 2007

Development Bank of Turkey

Türkiye Kalk?nma Bankas? (TKB) is mainly engaged in financing of industry, tourism, education, health, energy sectors and SMEs. The Bank employs 709 people and has a total assets for $514...

Posted on: May 12, 2007