Islamic banking in Egypt worth EGP 222bn

The volume of Islamic banking in the Egyptian market reached EGP 222bn, an equivalent of 6% of total transactions of banks working in Egypt, according to Mohamed El Beltagy, head of the Egyptian Association for Islamic Funding. El Beltagy explained that the size of Islamic deposits at banks are
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Johannesburg – The announcement by President Jacob Zuma of free higher education for poor and working-class youth lacks substance and is deliberately vague on what is needed to implement it, the Banking Association of South Africa (Basa) said on Saturday. “In light of the state of public finances
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Mr Diamond is not thought to have taken a meaningful stake in any other UK retail banking franchise since his ousting as Barclays' chief executive in the summer of 2012. Having him invest through AMC in a platform such as Tandem would be a powerful statement of intent about the app's ambitions.
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Attention dividend hunters! Philip Morris International Inc (NYSE:PM) will be distributing its dividend of $1.07 per share in 3 days time, on the 11 January 2018, and will start trading ex-dividend on the 20 December 2017. Investors looking for higher income-generating stocks to add to their portfolio
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“For a goal of Rs 1 crore in seven years he will have to invest close to Rs 80,000 per month, if we assume 12% as the rate of return, Shweta Jain, International Money Matters said. She further added, “Buying a house shouldn't be the only target the investor should look at. As Indians we concentrate on
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The economists at Fannie Mae and Freddie Mac are estimating that rates will rise by approximately .5 percent in 2018 and then by more than 5 percenrt in 2019. If you are looking to buy or refinance, doing this sooner rather than later could prove to save you thousands over the life of the loan. To contact
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It's a request travel experts get more often than you think: What if a person wants to go somewhere wintry, and do … nothing? Sure, the snow and cold weather offer plenty of active delights: skiing, sledding, trekking, ice fishing. But let the masses head to ski resorts and the hardcore head off into the
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AGNC Investment logo AGNC Investment (NASDAQ:AGNC) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, December 6th. Several other equities research analysts have also recently issued reports on AGNC.
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Police in a suburban area northeast of Atlanta have arrested 58-year-old Abdoulie Jagne on charges of raping a 16-year-old passenger. Gwinnett County law enforcement say the teen may not have been Jagne's only victim. According to Atlanta's Fox 5, police received 911 calls about a disturbance at
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yallacompare, the Middle East comparison site, has announced it has sold over AED60 million worth of insurance premiums over the course of 2017. It said over 30,000 car insurance policies were sold through yallacompare, formerly known as compareit4me.com, helping the company to double its
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Bank transfer fraud has been one of the most talked about financial issues this year. Yet victims, such as reader Cally Ellison continue to lose life-changing sums because of weaknesses in the banking system. Ms Ellison, 61, was developing a property in east London, with her business partner Julia Lee,
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The start-ups showcased a wide range of banking solutions including those for client on-boarding, business intelligence and market insights, enhanced risk and control, and human resources management, using emerging technologies such as artificial intelligence (AI), machine learning (ML), anomaly
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Legal & General Group Plc boosted its position in shares of Science Applications International by 10.2% during the third quarter. Legal & General Group Plc now owns 55,588 shares of the information technology services provider's stock worth $3,716,000 after buying an additional 5,129 shares during
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“The outlook change reflects our assessment that the overall creditworthiness of Korean banks will be stable over the next 12-18 months,” the global ratings agency said in a report released on Friday. “Stronger economic growth in Korea has resulted in an improved operating environment for banks.”
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The Fed's new supervisory chief, Randal Quarles, has voluntarily recused himself from all matters relating to Wells Fargo Bank. The Fed said that this was to avoid “even the appearance” of a conflict of interest. Quarles was President Trump's first pick for the Federal Reserve Board. He was appointed in
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The fund owned 223,169 shares of the medical instruments supplier's stock after purchasing an additional 4,500 shares during the quarter. Caisse DE Depot ET Placement DU Quebec's holdings in Baxter International were worth $14,063,000 as of its most recent SEC filing. Other large investors have
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Zacks Investment Research cut Tempur Sealy International from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. SunTrust Banks reiterated a “hold” rating and issued a $60.00 price objective on shares of Tempur Sealy International in a report on Monday, October 2nd.
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MDLZ has been the subject of a number of recent analyst reports. Royal Bank of Canada restated a “buy” rating on shares of Mondelez International in a research report on Friday, September 1st. Zacks Investment Research lowered shares of Mondelez International from a “buy” rating to a “hold” rating in
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We loan because… Cloth Pad Shop is about creating a community and platform where women can grow their businesses and support each other. Therefore we would like to help other women start and maintain their own businesses through Kiva loans. We are particularly focused on helping to support
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Earlier this year, Christie's International Real Estate reported that fewer and fewer buyers were making their real estate transactions with a large percentage of cash. According to the article, “Just five years ago, 80 percent of our top-ranking property markets reported that luxury homes [defined globally as
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