Tuesday 08, July 2008 by

The Islamic Bank of Asia launches two Shari’ah compliant products

The Islamic Bank of Asia has launched two products. One is a profit rate swap structure and the other is a foreign exchange (FX) forward purchase contract, designed to help customers manage their liability risks and maximise opportunities from currency market movements respectively.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more