Islamic Finance Can Cut Severity of Crisis: Chapra (Khaleej Times)
Saturday, October 25th, 2008More info…
JEDDAH Islamic finance can cut the severity and frequency of financial crises, and also reduce the problem of subprime borrowers by providing them loans at affordable terms, according to Umer Chapra, a well-known Saudi economist.
Amlak Finance (Jordan) gets thumbs up from Securities Commission for capital increase to JD63m (AME Info)
Amlak Finance (Jordan) PLC, the newly formed home finance company in Jordan, today announced that Jordan’s Securities Commission had approved the increase in the company’s capital by JD8m - from JD55m to JD63m, thus ratifying the decision taken by the newly appointed Board of Directors at the recently held Extraordinary General Meeting in Jordan.
