Global Islamic Banking assets to reach $3.4tr by 2018
Dubai - QNA
Global Islamic commercial banking assets could hit $3.4 trillion by 2018 on the back of heightened economic activity in shariah-strong countries such as Qatar and Malaysia, says Ernst & Young. In 2013, profits of Islamic banks in key markets such as Indonesia, Saudi Arabia, UAE and Turkey exceeded $10 billion (Dh36.7 billion). Profit numbers, however, are still lagging traditional banks by 15 to 19 percentage points on average, the report said, according to Gulf News daily. One of the reasons for disparity is that “average number of Islamic banking products per customer is just over two, whereas leading traditional banks have an average of five products per customer,” the report added.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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