The Halal Times
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COVID-19 coronavirus is here to stay. This is a painful fact none of us can ignore anymore. Central banks around the world have been using various mixes of fiscal and monetary policies to contain the harmful effects of the pandemic. As the pandemic is expected to last much longer than we could have anticipated, governments …
The Middle East has been the most volatile region in the world for the past seven decades since Israel was established in 1948. The past two months have seen two major shocks for the region – the COVID-19 pandemic and the sharp oil price meltdown. There are several other problems as well which have rattled …
COVID-19 and oil price collapse are proving a double-edged sword to the Gulf Cooperation Council (GCC) countries. The World Bank recommends these countries to prioritize their focus on handling the COVID-19 virus pandemic and the impending recession resulting from the virus and a sharp decline in the oil price. A recent study done by The …
RIYADH: Commerce ministers of the Gulf Cooperation Council (GCC) held a virtual meeting to discuss the economic impact of the coronavirus disease (COVID-19) outbreak in the region. Overseeing the provision and smooth flow of essential basic commodities to citizens of their countries was highlighted as one of the key roles of the respective ministries. The …
With a fast-growing Islamic finance industry, Doha has all the potential to emerge as the ‘Capital of Islamic Finance”, industry experts stated yesterday. ”Doha is the most qualified financial center to transform into the world capital of Islamic finance, based on a package of indicators, the most prominent of which is the rapid growth of …
The state of Qatar ranks ninth this year on the annually published Islamic Finance Country Index, showing considerable strength of its Islamic finance industry. The index, part of the Global Islamic Finance Report 2017 compiled by London-based Islamic finance consultant firm Edbiz Consulting, is the oldest and most respected index ranking different countries with regards …
The Chilean architectural practice Elemental has won the competition to convert a former flour mill on the coast of Doha Bay, known as the Art Mill, into a vast new gallery for Qatar Museums. The Santiago-based company beat off eight other finalists to design the new space, which is located east of the Museum of …
International Bank of Qatar (IBQ) announced that the bank will be sponsoring the ‘Bonds, Loans & Sukuk Middle East 2017’, the region’s largest finance and investment conference in Dubai this week. IBQ will have a strong presence onsite with an exhibition booth, showcasing its corporate banking and treasury products and services. Muhannad Kamal, deputy chief …
Qatar First Bank (QFB), a leading Shari’ah compliant bank based in Qatar, has announced several key appointments in the senior management level in the institution. The selections come in line with QFB’s acting chief executive officer Khalid Al Khoori’s new human resources strategy to promote and attract Qatari talents. The bank is keen to build …
In 2004, Richmond held its first major international conference on Islamic Art. Since then, the conference has been held in Qatar, Spain and Italy. Next fall, it will be returning to Richmond’s Virginia Museum of Fine Arts on Nov. 2 through Nov. 4. “Islamic Art: Past, Present and Future” is sponsored by Virginia Commonwealth University …
A new exhibition – Contemporary Calligraphy – Mehmet اebi Collection, will open at the QM Gallery Al Riwaq this month, and will bring together a notable selection of intricate and beautiful calligraphic artworks dating from the 1960’s to the present day. The exhibition, which will run from May 15 till June 17, 2017, will …
Qatar Islamic Bank (QIB) has received the ‘Product Innovation Award’ under the Islamic Finance category from Global Finance for the bank’s efforts in introducing innovative Shariah-compliant products, including long-term deposits with flexible profit payment options. The long-term deposits with flexible profit payment options and higher expected yields allows customers to choose how they want to …
