Presentation of Islamic Finance-New Frontiers, New Opportunities: What are the advantages for the Mediterranean region?
The II Islamic Finance Summit was held in the framework of the VIII Mediterranean Week of Economic Leaders organized by ASCAME and the Chamber of Commerce and Industry of Barcelona
Tahseen Consulting’s CEO Sees Strong Growth Potential for Local Banks in the ...Wesley Schwalje
Recently, Tahseen Consulting’s Chief Executive Officer, Walid Aradi, spoke with Ryan Harrison from Gulf Business regarding his thoughts on the competitive landscape evolving in the UAE retail and commercial banking sector. In a wide-ranging discussion, Aradi explained some of the reasons why local banks such as Abu Dhabi Commercial Bank, Emirates NBD, Mashreq, and First Gulf bank have been performing well while internationals have been downsizing their operations.
Tahseen Consulting’s CEO Sees Strong Growth Potential for Local Banks in the ...Wesley Schwalje
Recently, Tahseen Consulting’s Chief Executive Officer, Walid Aradi, spoke with Ryan Harrison from Gulf Business regarding his thoughts on the competitive landscape evolving in the UAE retail and commercial banking sector. In a wide-ranging discussion, Aradi explained some of the reasons why local banks such as Abu Dhabi Commercial Bank, Emirates NBD, Mashreq, and First Gulf bank have been performing well while internationals have been downsizing their operations.
Fiduciary or paper money is issued by the Central Bank on the basis of
computation of estimated demand for cash. Monetary policy guides the Central
Bank’s supply of money in order to achieve the objectives of price stability (or low
inflation rate), full employment, and growth in aggregate income.
NORMAT E INTERESIT / INTEREST RATES IMPACT AND LOAN SYSTEM IN THE ECONOMIC DE...Shkumbin Gërguri
Commercial banks are intermediators of the interaction between business entities and other economic, legal and social agents. Today, banks do not have the approach towards the classic model, whose function was only to offer classic services of deposits and loans,; with evolution of global trends and technology banks have created nowadays a modern system of operating that applies techniques and methods that are the trend of globalization.
There is a tremendous opportunity for #africanstartup entrepreneurs to serve the growing population of African Islamic communities.
#innovation #fintech #islamicfinance #islamicbanking
As a local partner for Central Eastern Europe I was partnering with University of Cambridg and industry organisation I was responsible for research for 2nd AltFi report.
"Sustaining Momentum, The 2nd European Alternative Finance Industry Report"
Fiduciary or paper money is issued by the Central Bank on the basis of
computation of estimated demand for cash. Monetary policy guides the Central
Bank’s supply of money in order to achieve the objectives of price stability (or low
inflation rate), full employment, and growth in aggregate income.
NORMAT E INTERESIT / INTEREST RATES IMPACT AND LOAN SYSTEM IN THE ECONOMIC DE...Shkumbin Gërguri
Commercial banks are intermediators of the interaction between business entities and other economic, legal and social agents. Today, banks do not have the approach towards the classic model, whose function was only to offer classic services of deposits and loans,; with evolution of global trends and technology banks have created nowadays a modern system of operating that applies techniques and methods that are the trend of globalization.
There is a tremendous opportunity for #africanstartup entrepreneurs to serve the growing population of African Islamic communities.
#innovation #fintech #islamicfinance #islamicbanking
As a local partner for Central Eastern Europe I was partnering with University of Cambridg and industry organisation I was responsible for research for 2nd AltFi report.
"Sustaining Momentum, The 2nd European Alternative Finance Industry Report"
It is urgent to adopt other than the current financial system model that is not moved by usury, by extreme greed. Without prejudice, this new model could be based on the Islamic financial system that operates around a fundamental principle which is to avoid speculation. In Islamic banking, everything is done to prevent those who have money to take advantage of who has not money or who needs it. In an Islamic bank there aren´t products of traditional financial market, for example, derivatives which are contracts that derive from a reference rate or index that can be physical (coffee, gold, etc.) or financial (stocks, interest rates , etc.).
Croissance et innovation dans la banque de détail en AfriqueOthmane Ghailane
Le cabinet McKinsey Global Banking a tout juste publié un nouveau rapport sur la banque de détail en Afrique sous le thème : Rugir à la vie, croissance et innovation dans la banque de détail en Afrique. Plus d'infos : http://bit.ly/2tgrUzw
Mr. Rami Semaan Senior Transport Expert, TMS Consult, Lebanon ASCAME
Session: Looking beyond the sea- Port, City and Cruise Tourism
Presentation: EUROMed Invest project
The Mediterranean Ports Summit is organised by the Association of Mediterranean Chambers of Commerce and Industry (ASCAME), the Consorci de la Zona Franca de Barcelona with the collaboration of Barcelona Chamber in the framework of SIL2015.
The Mediterranean Port Summit 2015 is the largest annual Ports and Shipping conferences throughout Europe, the Middle East and Africa. This event in Barcelona is the gathering of maritime industry leaders. The program features many top industry professionals sharing their perspectives on port investments and terminal developments around the region, providing invaluable insights into the numerous opportunities in this sector of Commerce.
The Mediterranean Ports and Shipping Summit focused on key concepts such as institutional and fiscal reforms; the construction, extension and modernization of port platforms; the search for management and collaboration systems; the promotion of alliances to strengthen the position of world leadership; Mediterranean Ports a Gateway to Europe, Asia and Africa; the Port, City and Cruise Tourism, as well as the response of Mediterranean ports to the challenges brought by 800 million people.
More info www.ascame.org http://www.euromedinvest.eu/
Mr. Salvatore D'Alfonso Union for Mediterranean Motorways of the Sea Initiati...ASCAME
Session: Business opportunities and enterprise experiences in the Mediterranean logistics and transport sector
Presentation: “Union for Mediterranean Motorways of the Sea Initiative:
a way to a re-equilibrium in the Mediterranean”
The Mediterranean Ports Summit is organised by the Association of Mediterranean Chambers of Commerce and Industry (ASCAME), the Consorci de la Zona Franca de Barcelona with the collaboration of Barcelona Chamber in the framework of SIL2015.
The Mediterranean Port Summit 2015 is the largest annual Ports and Shipping conferences throughout Europe, the Middle East and Africa. This event in Barcelona is the gathering of maritime industry leaders. The program features many top industry professionals sharing their perspectives on port investments and terminal developments around the region, providing invaluable insights into the numerous opportunities in this sector of Commerce.
The Mediterranean Ports and Shipping Summit focused on key concepts such as institutional and fiscal reforms; the construction, extension and modernization of port platforms; the search for management and collaboration systems; the promotion of alliances to strengthen the position of world leadership; Mediterranean Ports a Gateway to Europe, Asia and Africa; the Port, City and Cruise Tourism, as well as the response of Mediterranean ports to the challenges brought by 800 million people.
More information www.ascame.org
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.
Islamic Finance- New Frontiers, New Opportunities by Xavier Foz
1. Islamic Finance - New Frontiers, New Opportunities:
What are the advantages for the Mediterranean region?
Xavier Foz
Forum organized by:
2. Situation of bank financing in the Euro-Med region
Excessive dependency of companies on bank financing vs. capital markets
and other sources of alternative funding.
Increased restriction of access to bank financing for micro-, small- and
medium-sized enterprises.
New bank regulatory legislation (Basel III) will lead to ongoing bank credit
constraints and transaction cost increases.
European financial entities (especially, those of southern countries) will
continue to deleverage their balances.
Financial development measures in the southern and eastern
Mediterranean countries (SEMCs) are still low by international standards,
except for stock market capitalisation.
4. Change of the financial paradigm
The financial crisis has questioned the financial monopoly of conventional
credit entities as an efficient channel to allocate national savings to real
investment opportunities that contribute to growth and job creation.
Bank credit constraints have provided incentives for development of
alternative financing mechanisms and the importance of tools steeped on
tradition in other countries. New technologies are giving rise to
participatory financing models through internet platforms (fintech).
There is a need to develop new finance models that uphold the principles
of economic and social justice and are not based solely on the concepts of
interests and debt.
Islamic finance, thanks to the ethical component of the moral principles
which inspire it, may be one of those models. Due to its nature and the
type of assets it invests in, Islamic finance has been especially resilient
during the financial crisis.
5. Islamic finance developments in Europe
United Kingdom: broad presence of Islamic commercial banking (fully
fledged Islamic entities, subsidiaries, branches and banking windows),
Takaful insurance companies, recent issuance of sukuk for €200 million.
France: parity of tax treatment of Islamic finance vs. conventional finance.
Germany: first issuance of sukuk by a Western country (€100 million by
the State of Saxony-Anhalt in 2004).
Luxembourg: recent issuance of sukuk for €200 million and foreseeable
opening of the first Islamic bank of continental Europe (Eurisbank).
Ireland: leading centre for funds and supportive legal and tax environment.
Switzerland: private banking and management of Islamic assets through
local banks and subsidiaries of entities from the GCC countries.
6. Islamic finance opportunities in the Euro-Med region
Financial sector with the major growth worldwide ($130 billion in assets in
2012).
Development of a new financial system complementary to the conventional
system but with an ethical component.
Access to bank services for a relevant sector of the population that begins
to demand products that comply with Islamic principles.
Access to new investment and capital flows (particularly, those coming
from emerging markets), both for the private and public sectors.
Creation of new professional positions in different sectors.
Market niche for specialized local entities vs. conventional global entities.
Creation of a financial center in the south of Europe: access door to
investment in Latin America and the Maghrib.
7. Islamic finance opportunities in the Euro-Med region
Areas with major potential:
Retail and private banking: Muslim community and immigrants’ funds
(repatriation), non-Muslim clients interested in its ethical component
Wholesale banking: corporate, project finance
Private equity
Funds management
Capital markets: sukuk (financing alternative for Public Administrations
with difficulties issuing conventional debt but which have suitable
assets to be able to structure these issuances)
Insurance: takaful
Company certification and audit
8. Islamic finance challenges in the Euro-Med region
Legislative support: creation of a legal and tax environment that equates the treatment of
conventional and Islamic financial products.
Regulatory support: instrumentation of a dual control and monitoring system
(conventional and Shari’ah) by the Central Banks.
Homogenization of criteria in the interpretation of the Shari’ah and standardization of
products.
Training of professionals from the sector to achieve the appropriate qualifications.
Erasing prejudice in the European countries against the Islamic component and
spreading its use among non-Muslim clients.
Increase liquidity of the investment products and wholesale financing channels between
entities.
Ensure efficient risk management by Islamic banks using contracts that create significant
exposure to the real estate sector.
9. Outlook for the Euro-Med region growth
Small and medium enterprises are key to creating opportunities in the region; they
contribute nearly 35% of national GDPs while generating 80% of jobs. They are an
essential element to foster greater investment opportunities and trade as well as
technology and knowledge transfer in the region.
Four strategic pillars for the region: water, environment, infrastructure and financing. Its
natural resources (the Euro-Mediterranean zone accounts for 5.8% and 8.4% of the
world’s oil and gas reserves, respectively) and its proximity to hydrocarbon reserves
transform it into the world’s foremost energy transit region.
The blend of mature and emerging markets, of countries with medium and advanced
levels of technology, and labour- and capital-intensive economies, all of which results
in enormous complementarity between the northern and southern Mediterranean
shores.
The extension of the availability of reliable payment solutions will encourage users
without access to traditional financial services to join the financial system. This will
contribute to the development of the economy, both by increasing the amount of
transactions carried out through formal channels and also by providing opportunities for
innovative new products to develop.
10. Conclusions
A further regional integration of the Mediterranean countries would enhance
the growth and development of the region.
The financial crisis has driven the reappearance of Islamic finance worldwide
and its expansion in western countries where Islamic finance had not had a
relevant level of penetration.
On the European Union level, there should be a common strategy regarding
Islamic finance, but in the absence thereof, it is fundamental to adapt national
legislation to create an environment that fosters development of this finance.
Establishment of an Islamic products offer may have a demand creation effect,
even in non-Muslim clients.
Implementing the Islamic banking window model by conventional national
banks may be the first approach in European countries to this market awaiting
the arrival of foreign Islamic banks. In any case, there will be room for local
specialized initiatives such as Islamic financial services cooperatives or Islamic
mutual insurance.