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Top News In இஸ்லாமிய தற்காலிகமானது பொருளாதார மறுநிதியளிப்பு வசதி Today - Breaking & Trending Today

Instagram ban 'would worsen Iran's isolation'


(MENAFN - Asia Times) Pressure on Iranians is in full swing. The US sanctions, which President Joe Biden has signaled will not be lifted until the Islamic Republic fully complies with its commitments under the Joint Comprehensive Plan of Action, in tandem with mismanagement by Iran s government agencies and endemic corruption have demolished the people s livelihoods and left the national economy in shreds.
Add to the many challenges facing Iranians the inauspicious schemes of hardliners and radicals in different establishment sectors, particularly the conservative-dominated parliament, to circumscribe the civil liberties of the public further and strip young Iranians of the means to be digitally connected and communicate with the outside world. ....

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No party except JI demanded Islamic system, says Siraj

OKARA: Jamaat-e-Islami ameer Sirajul Haq has said that no other political party except JI has demanded enforcement of the Islamic system in the country.He said this during his visit to the house of. ....

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UAE- SALAMA's preliminary 2020 net profit doubles to AED136.13 million


(MENAFN - Emirates News Agency (WAM)) DUBAI, 14th February, 2021 (WAM) Islamic Arab Insurance Company, listed as SALAMA on DFM, reported significant growth in net profit for 2020 to AED136.13m, underlying net profit up more than 15% YoY.
Announcing its preliminary results for the 2020 fiscal year, the company said in a statement today that gross written contributions increased 6% to AED1.17bn, despite challenges of the COVID-19 pandemic.
The company s board proposed 3 fils/share cash dividend for 6-months ending 31 Dec 2020, in addition to the special dividend announced earlier of 5.25 fils/share which brings the total to 8.25 fils/share to be recommended to be distributed to shareholders. ....

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HSBC completes first Islamic trade facility in Menat at $100m with QIB


HSBC completes first Islamic trade facility in Menat at $100m with QIB
 14 Feb 2021 - 8:53
Abdul Hakeem Mostafawi (left), CEO of HSBC Qatar, and Bassel Gamal, Group CEO of QIB.
The Peninsula
Doha: HSBC Bank Middle East has completed its first Islamic trade facility in the Middle East, North Africa, and Turkey (Menat) region valued at $100m, in January 2021 with Qatar Islamic Bank (QIB), Qatar’s largest Islamic institution. The Financial Institutions Refinance trade facility is a new addition to HSBC Bank Middle East’s Islamic product suite.  
“This is a first-of-its-kind transaction for HSBC Bank Middle East within the Menat region and we are very proud that Qatar was the first country where it was executed,” said Abdul Hakeem Mostafawi, CEO of HSBC Qatar. “We are very optimistic about the different growth opportunities in Qatar that is driven by the expansion in gas production, final preparations for the FIFA 2022 World Cup and ongoing investmen ....

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