IslamicFinance.de

Dr Saad, who presented his working paper during the 2010 International Conference on Islamic Finance at Rizqun International Hotel in Gadong yesterday, explained how Islamic micro-financing could help alleviate poverty by giving a small amount of financing to those who want to start up a business.

The Bank of Kuwait and the Middle East (BKME) expects 2010 to prove a year of major and strategic changes towards operation as an Islamic Sharia-compliant bank as of the second quarter, upon completion of procedures to obtain the required Amiri Decree approving the conversion.