Washington DC

Islamic finance forum focuses on Shariah in banking

The hosts of the 2nd Annual Islamic Finance Forum were US-Qatar Business Council and the Bilateral US-Arab Chamber of Commerce. They presented much-needed insights into the growing use of Islamic financing and Shariah-compliant business contacts in the United States.
The forum was held at the George Washington University Law School in Washington DC.
Discussions like the growing trend among state legislatures that try to ban the recognition or practice of Islamic financing and Shariah law, actions that threaten to hinder the growth of Islamic financing opportunities in the US and block US access to billions in Shariah-compliant investments from Middle Eastern countries were heard.

Hillary’s Smart Power and a "Golden Age for Philanthropy in Turkey"

Hillary Clinton brought together hundreds of first, second-generation Americans or Americans-to-be at the Secretary’s Global Diaspora Forum in Washington DC, the reason being to put diversity into work.
It is well known that America ranks first among countries with the largest number of international migrants. That is seen as a potential in America’s national strategy of employing smart-power.
$46 billion is the amount of remittances sent by US Diaspora in 2010, according to the State Department, almost twice the $28.7 billion US Official Development Assistant in 2009. As Hillary Clinton once said: "Using people-to-people exchange is the core of smart power”.

Bringing Bahrain to the IMF/World Bank Meetings in Washington DC

Leading banks in the Kingdom of Bahrain will come to Washington D.C. on the 8th of October 2010 when the Bahrain Association of Banks (BAB) hosts an important reception at the Mandarin Oriental Hotel.
The reception is in honour of Bahrain's delegation to the IMF/World Bank meetings. The delegation will be led by H.E. Shaikh Ahmed B?n Mohammed Al-Khalifa, the Minister of Finance, H.E. Mr Rasheed Mohammed Al Maraj, the Governor of the Central Bank of Bahrain and Mr Abdulkarim Bucheery, CEO of BBK and BAB's Chairman.
The financial community of the Kingdom of Bahrain has shown the depth of its support for the event through sponsorship, which includes Ahli United Bank, BBK Bank Muscat International, Gulf International Bank, Investcorp, Kuwait Finance House, National Bank of Bahrain and United Gulf Bank, together with the Economic Development Board of Bahrain.

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