Corporations

Islamic finance must diversify: Analysts

KUWAIT CITY: Islamic finance, which prohibits charging interest, is set to double in size in five years, but the one-trillion-dollar industry must diversify and regulate to realise its full potential, analysts and economic reports say.


Finance committee travels province

The Select Standing Committee on Finance and Government Services announced today its plans for conducting provincewide budget consultations.


Willis Lease Finance Corp. President and CEO, 10% Owner Charles F Iv Willis sells 15,003 …

By insider.


Ex-finance minister says Hansen must have known

While B.C.’s Finance Minister still insists the HST wasn’t on his radar before the 2009 election, a former provincial finance minister said he was briefed on the issue almost 10 years ago.


Romanian finance minister’s sacking raises fears for reform

The replacement of the Romanian finance minister by an obscure politician has raised fears in financial circles that Romania’s reform drive could be imperilled as the country grapples with a deep economic crisis.


Willis Lease Finance agrees to buy $300 million aircraft for move into regional airlines

NOVATO — Aircraft and engine lessor Willis Lease Finance Corp.


Finance Ministry says defrauded by staffer

The Dutch Finance Ministry Thursday acknowledged it was defrauded out of more than 160,000 euros earlier this year by an employee of the ministry unit that handles the state’s financing needs.


Romanian Finance Minister Says He Will Be Replaced in `Political’ Decision

Romanian Finance Minister Sebastian Vladescu said he will be replaced as part of a “political” decision, he said in a phone interview today after meeting with Prime Minister Emil Boc.


Islamic finance industry ’set to top $2 trillion’

MANAMA: The Islamic finance sector is set to become a $2 trillion industry in the next three to five years from its current $1trn mark in spite of the financial slowdown.


Kuwait Finance House Launches KFH Personal Financing-i Hajj and Umrah

Kuala Lumpur, 2 September 2010 – Kuwait Finance House Kuwait Finance House Berhad, the first foreign Islamic bank in the country, has launched the KFH KFH Personal Financing-i Hajj and Umrah today.