WORLD - CALL FOR PAPERS - Islamic Finance in a Changing World (deadline Feb 24, 2012)

CALL FOR PAPERS

Islamic Finance in a Changing World

Abu Dhabi, October 15-16, 2012

The prime theme of this event will be the impact of the recent rapid changes on the Islamic finance sector in all pertinent aspects. The Conference will consider the spectacular political and socio-economic developments that we have been witnessing and their probable effects on the performance and future position of Islamic financial institutions (IFI’s), the regulatory set-ups, and popularity of Islamic products being offered to the public, governments and business firms.

The Conference is being organised by Emerald Group Publishing, the world’s leading scholarly publisher of journals and books on business and management. Over 220 academic journals are currently published by Emerald, covering some 24 managerial disciplines, in addition to a strong and growing presence in other related fields such as LIS, social sciences, and engineering.

This Conference follows on the success of the Global Islamic Marketing Conference held in Dubai over the period 20-22 March 2011, organised by Emerald in association with the United Arab Emirates University. (more hereunder)

INDONESIA - FINANCE - ICD to extend $157m of loans in 2012 (PT Sritex and PT Mandala Multifinance)

The Dubai-based Islamic Corporation for the Development of the Private Sector (ICD) says it will distribute US$157 million in sharia loans in 2012, comprising $17 million for three banks and $140 million for military uniform maker PT Sritex.

Director for the ICD’s financial institutions development department, Basel A. Al-Hag Issa, said ICD was still in discussions with some banks, but had yet to decide which banks would receive the $17 million loan. (source)

INDONESIA - BANKING - Adib and Al-Hilal and seek Islamic bank in Indonesia

bisnis.com - JAKARTA: Bank Indonesia said the UAE investors are interested in expansion of Islamic banking business in Indonesia because of the potential of Indonesia market as one of the largest Muslim country.

Director of the Directorate of Islamic Banking Bank Indonesia (BI) has received a group of investors in the UAE two days later. In that group there are 4 banks that either both expressed an interest to invest.  (source)

INDONESIA - BANKING - Sharia banking industry sees 46.55% rise in assets

en.bisnis.com - JAKARTA: Sharia-based banking industry in Indonesia had its total assets increase 46.55% at end-September from a year ago. Total assets grew to IDR126 trillion from IDR85.97 trillion at end of September 2010.

The figure consists of IDR123 trillion from full-fledged Sharia General Banks (BUS) and Sharia Business Units (UUS), IDR3 trillion from Sharia Credit Banks (BPRS), said Bank Indonesia Director Mulya Siregar. (source)

INDONESIA - BANKING - UAE Eye Indonesian Banks

TEMPO Interactive, Jakarta:The United Arab Emirates is interested in investing in Indonesia’s banking sector. Mansyur Pangeran, the Indonesia Consulate-General to UAE, said that two of the country’s major banks have shown serious interest in exploring the possibility of bank purchase.  (source)

WORLD - CALL FOR PAPERS - 2nd Global Islamic Marketing Conference (GIMC): Putting Ethics Back into Business (deadline November 15, 2011)

2^nd Global Islamic Marketing Conference (GIMC): Putting Ethics Back into Business

Abu Dhabi, January 16 – 18, 2012

CALL FOR PAPERS: Submission Deadline: November 15, 2011

The International Islamic Marketing Association, the United Arab Emirates University, the Islamic International Foundation for Economics and Finance, Saudia Arabia, and the University of Malaya, Malaysia in cooperation with Global Marketing Network, Sage publications, Inderscience, Emerald, and Halal Focus Journal are pleased to invite academics, managers, policy makers, and practitioners to attend or submit competitive papers to the 2^nd Global Islamic Marketing Conference, Abu Dhabi. (more hereunder)

BRUNEI - Fajr Capital keen to contribute in developing Brunei's economy

FAJR Capital Limited, along with its shareholders and potential co-investors, is keen to further contribute to the Bruneian economy, especially through partnership with Brunei-based companies that have the potential to expand internationally.

A representative from the Dubai-based investment company told The Brunei Times in an e-mail interview that as a strategic investor, Fajr Capital brings multiple forms of capital to the markets it serves. (full story)

INVESTMENT - Emaar Properties records 2010 annual net operating profit of Dhs3.034bn (Indonesia)

In a landmark year that highlighted the company's commitment to delivery of projects and creation of prime real estate assets, Emaar Properties PJSC recorded a net operating profit of Dhs3.034bn ($826m), 31% higher than the net operating profit of Dhs2.324bn ($633m) recorded in 2009. Annual revenue for 2010 was Dhs12.150bn ($3.308bn), 44% higher than the 2009 revenues of Dhs8.413bn ($2.29b) (source)