Archive for January 2020
Big banks make Islamic leasing moves
Dubai Islamic Bank (DIB), which offers a variety of Islamic leasing products including those for residential properties and auto financing, plays a big role in financing Islamic leasing in the Middle Eastern region. DIB is currently proceeding to acquire the Noor Bank where members are appointed to oversee an interim board. Some research on the…
Read MoreWhen You Shouldn’t Bother Saving A 20 Percent Down Payment On A Home
There is a perception that one of the golden rules of home buying it’s that you should always have at least 20 percent saved for a down payment. But the reality is, it is not easy to save up 20% for a home especially if you are living in an area where houses values are…
Read MoreShaping up Islamic leasing and Fintech
CIAF Leasing, an aircraft Islamic leasing company based in Egypt is set to issue Sukuk worth US$50 million, becoming the first company in Egypt totake this step. This deal is expected to finalize in the next few weeks. The International Islamic Trade Finance Corporation (ITFC) recently held The Partners Forum 2019: Investing for Impact on…
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