Showing posts with label egypt. Show all posts
Showing posts with label egypt. Show all posts

Thursday, May 10, 2012

INDONESIA - BANKING - Bahrain's Al Baraka posts 7% Q1 profit rise (plans for Indonesia)

www.arabianbusiness.com - Bahrain-based Islamic lender Al Baraka Banking Group posted a 7 percent increase in first-quarter net income, the bank said in a statement on Wednesday.
The bank, which has operations in 15 countries including Turkey, Syria and Egypt, made a profit of US$57.4m for the first-quarter, compared with US$53.5m in the first three months of 2011.
The increase in profit came despite continuing political and economic upheaval in a number of the markets in which the group operated, as well as the impact of debt issues in the euro zone, Sheikh Saleh Abdullah Kamel, chairman of Al Baraka, said. (source)

Sunday, November 13, 2011

INDONESIA - EVENTS - Exploring & Developing the potential of Islamic Finance through the D-8 Islamic Microfinance Workshop

m.bi.go.id - No. 13/ 38 /PSHM/Humas
The Deputy Governor of Bank Indonesia, Halim Alamsyah, opens the "D-8 Islamic Microfinance Workshop", which is also the 2nd D-8 Working Group on Development of the Islamic Financial Services Industry, on Friday 11th November 2011 in Jakarta. Bank Indonesia (BI) is hosting the workshop in conjunction with Developing Eight (D-8) member countries, the Ministry of Foreign Affairs and the Islamic banking arm of BRI. The meeting is themed "The Role of Islamic Microfinance in Economic Prosperity and Community Empowerment", which incorporates a number of issues relating to policy, the concept and best practices of Islamic microfinance in Indonesia as well as other Developing Eight member countries, and will be held from 11th – 13th November 2011.(source)