An Overview of Islamic Finance

Size: px
Start display at page:

Download "An Overview of Islamic Finance"

Transcription

1 An Overview of Islamic Finance February 2008 Hung Wai Wong Senior Manager Commercial Banking, HSBC Bank Middle East Ltd.

2 Size of Islamic Banking The first modern experiment with Islamic Banking was undertaken in Egypt during mid 1960s. The Islamic financial industry has, over the past 30 years, rapidly extended its scope world wide. It is estimated that Islamic banks total assets are hovering around USD 450 bn (AED 1.6 tn). It is highly expected that this figure would jump to about one trillion dollars by Total deposits of Islamic banks stand at about USD 200bn, with a steady growth expected to range from 10 to 20 per cent per annum. There are about 270 banking and financial institutions in various parts of the world, including 34 in Bahrain, which is the main hub of these banking institutions in the region.

3 Huge Market with population of 1.5 billion in 50+ countries Year 2008 Suriname Africa: Egypt Nigeria Ethiopia Algeria Morocco Sudan Mali Tunisia Senegal Niger Somalia Guinea Gambia Ghana Burkina Faso Libya Uganda Cameroon Chad Mauritania Kenya S.Leone Mozambique Source: CIA world factbook 2008 Europe: United Kingdom Germany France Middle East: Turkey Iran Iraq Yemen Syria Oman Kuwait Lebanon Jordan United-Arab Emirates Bahrain Saudi Arabia Asia: Indonesia India Pakistan Bangladesh Afghanistan Malaysia Philippines Sri Lanka Uzbekistan Kazakhstan Azerbaijan Tajikistan Turkmenistan Kyrgyz Stan

4 Islamic Banking is based on Sharia principals Islamic banking system is a financial system based on Islamic teachings (Koran and prophet teaching) The principles Productive Oriented *Capital and resources are utilized to create wealth and welfare Justice *Idle capital and resources are avoided *Profit-taking is allowable *Prohibition of interest *Risk-sharing basis Ethical investment *No investment in forbidden area: alcohol, gambling, prostitution *No speculation investment Many of modern Islamic banking products and services have equivalent in the conventional system Products Murabaha Ijara Istisna Mudharaba Musharaka Current wadiah Saving mudarabah Conventional equivalent Loan Leasing Bridging finance Venture capital Preferred equity/ private equity Current account Investment account

5 The market has Annual GDP of over USD 3.8 tn (Millions) GDP per Capita (US$) Represent more than USD 3.8 trillion annual GDP or 7.6 % of world GDP In 2007 Total Muslim Population: 1.84 Billion Total Source: CIA world factbook 2008

6 Most of the opportunity lies in Float customers Customer loyal to conventional banks Float customers Customer loyal to Islamic banks X% Y%* Total banking assets Who is float customer? They are potential customers for Islamic Banking Currently is conventional banking customer or non-banking customer that put their money under the mattress They are willing to switch if the incentive is right While most of them are Moslems, some might come from other religion They come across from high to low-income individuals and from corporate to small businesses * Vary country by country, from below 1% in Indonesia, 5% in Malaysia, 12% in Saudi Arabia, 30% in Kuwait to 100% in Pakistan, Iran and Sudan

7 Low Awareness in Islamic Banking Ethical customers Economical customers Customer loyal to conventional banks Float customers X% Return is low priority Appealed to ethical value proposition, e.g.: Comply with Islamic principle Involvement with charity Help economic development Tend to be loyal Expect competitive service in Convenience in depositing and taking money Fast and accurate payment service Risk return Ethical values Expected services Risk and return must be competitive enough compared to conventional banks or other type of investment product Less consideration in ethical or emotional value, moving capital based on the economical consideration Services must be sophisticated enough to support their needs Customer loyal to Islamic banks Y%* Current focus of of Islamic Banks Must be included in in the future Total banking assets I I moved my deposit to to conventional banks because the Islamic bank money transfer service is is poor The rate is is much lower, it s difficult to to resist from next-door bank Former customer of an Islamic bank Time deposit switcher

8 A Brief History of Islamic Baknking 7 th Century 1950s Clear order to forbid interest in economic system during the Islam birth in Saudi Arabia in 7 th Century Interest-free principle applied to many individual transaction or in small cooperative, e.g., Serikat Dagang Islam in Indonesia during s 1960s 1970s 1980s 1990s 21 st century Experiment to create modern Islamic finance bank initiated in 1963 in Egypt without Islamic name In 1967, the experiment grow to 9 banks which function as saving investment institution The Nasir Social Bank established in Egypt in Apply interest-free principle but not refer to Islam name Oil boom bring windfall to many Islamic countries Islamic Development Bank was established in 1974 by Organization of Islamic Countries (OIC) A number of Islamic banks were established in Middle East: Dubai Islamic Bank (1975), Faisal Islamic Bank Egypt (1977), Bahrain Islamic Bank (1979) Establishment of Islamic Banking in Southeast Asia: Bank Islam Malaysia Berhad (1983) Cooperative Banks (BPRS) in Indonesia (currently 77) Bank Muamalat Indonesia (1992) Opening of several small Islamic banking in western world Standardization of accounting practice led by AAOFI Harvard established HIFIP as center of Islamic finance information (1996) Bahrain & KL tries to develop Global/ Regional Islamic financial market Dow Jones Islamic Market & FTSE Islamic Index was established Internet investment companies / brokerage for Moslem such as IslamiQ.com was established in the late 90 s Islamic financial system encompassed products such as: banking, mortgages, equity funds, fixed income, insurance, project finance, private equity, and even derivatives At growth rates of 15% over the past three years, Islamic finance as an emerging sector is expected to expand further especially with the rapidly increasing demand for petroleum exports, which brings fresh infusions of "petro-dollars. A large number of conventional banking institutions such as Citibank, HSBC, and UBS all provide Shariah compliant financial products throughout both Islamic and non- Islamic regions. 8 Source: Mohammad Ariff paper on Islamic banking; Interviews, HIFIP website, Financial Times,

9 Existing Products Conventional Current Account Time Deposit Import Facilities STL/LTL/OD Construction Finance Finance of Local Purchase TR/CIL Guarantees Long Term Loan/CAPEX Islamic Islamic Bank Current Account Islamic Bank Term Investment Islamic Bank Import Facilities Islamic Bank Commodity Murabaha Islamic Bank Musataha Islamic Bank Goods Murabaha Islamic Bank Import Finance Islamic Bank Guarantee Services Islamic Bank Equipment Ijarah

10 Islamic Bank Current Account Features are similar to the existing Business Current Account Funds deposited will be used only in Shariah compliant activities A separate monthly statement is generated Currencies: AED, USD, GBP, EURO or others

11 HSBC Amanah Established in 1998 with the aim to be a leading provider of Islamic financial services worldwide The value of Islamic finance to HSBC protect existing customer base attract new customers benefit from shift to quality stronger and more diversified portfolio Positioning HSBC in the Islamic financial industry international network respected and imbedded institution in target markets client goodwill in the industry support of Industry R&D

12 HSBC Amanah Presence UK USA Saudi Arabia UAE Bangladesh Malaysia Brunei Indonesia Muslim majority countries and key Muslim minority countries HSBC coverage in Muslim majority countries and key Muslim minority countries Growing Reach - 8 HSBC Amanah onshore franchises

Bangladesh Visa fees for foreign nationals

Bangladesh Visa fees for foreign nationals Bangladesh Visa fees for foreign nationals No. All fees in US $ 1. Afghanistan 5.00 5.00 10.00 2. Albania 2.00 2.00 3.00 3. Algeria 1.00 1.00 2.00 4. Angola 11.00 11.00 22.00 5. Argentina 21.00 21.00 42.00

More information

Proforma Cost for international UN Volunteers for UN Partner Agencies for 2016. International UN Volunteers (12 months)

Proforma Cost for international UN Volunteers for UN Partner Agencies for 2016. International UN Volunteers (12 months) Proforma Cost for international UN Volunteers for UN Partner Agencies for 2016 Country Of Assignment International UN Volunteers (12 months) International UN Youth Volunteers (12 months) University Volunteers

More information

FDI performance and potential rankings. Astrit Sulstarova Division on Investment and Enterprise UNCTAD

FDI performance and potential rankings. Astrit Sulstarova Division on Investment and Enterprise UNCTAD FDI performance and potential rankings Astrit Sulstarova Division on Investment and Enterprise UNCTAD FDI perfomance index The Inward FDI Performance Index ranks countries by the FDI they receive relative

More information

Migration and Remittances: Top Countries

Migration and Remittances: Top Countries Migration and Remittances: Top Countries Top Immigration Countries a, 010 number of immigrants, millions United States b Russian Federation b Germany b Saudi Arabia b Canada b United Kingdom b Spain b

More information

27 TH SEPTEMBER 2016 THE CONRAD HOTEL DUBAI, UAE

27 TH SEPTEMBER 2016 THE CONRAD HOTEL DUBAI, UAE 27th September 2016 The Conrad Hotel, Dubai, UAE 27 TH SEPTEMBER 2016 THE CONRAD HOTEL DUBAI, UAE TELECOMS WORLD AWARDS 2016 CATEGORIES BEST OPERATOR BEST BRAND BEST CUSTOMER EXPERIENCE BEST ENTERPRISE

More information

Consolidated International Banking Statistics in Japan

Consolidated International Banking Statistics in Japan Total (Transfer Consolidated cross-border claims in all currencies and local claims in non-local currencies Up to and including one year Maturities Over one year up to two years Over two years Public Sector

More information

OFFICIAL NAMES OF THE UNITED NATIONS MEMBERSHIP

OFFICIAL NAMES OF THE UNITED NATIONS MEMBERSHIP OFFICIAL NAMES OF THE UNITED NATIONS MEMBERSHIP Islamic Republic of Afghanistan Republic of Albania People s Democratic Republic of Algeria Principality of Andorra Republic of Angola Antigua and Barbuda

More information

International Fuel Prices 2012/2013

International Fuel Prices 2012/2013 International Fuel Prices 212/213 8 th Edition Published by International Fuel Prices 212/213 8 th Edition Disclaimer Findings, interpretation and conclusions expressed in this document are based on the

More information

Countries Ranked by Per Capita Income A. IBRD Only 1 Category iv (over $7,185)

Countries Ranked by Per Capita Income A. IBRD Only 1 Category iv (over $7,185) Page 1 of 5 Note: This OP 3.10, Annex C replaces the version dated September 2013. The revised terms are effective for all loans that are approved on or after July 1, 2014. Countries Ranked by Per Capita

More information

Action required The Committee is requested to take note of the position of 2010 11 income and expenditure as of 30 September 2010.

Action required The Committee is requested to take note of the position of 2010 11 income and expenditure as of 30 September 2010. INTERNATIONAL LABOUR OFFICE Governing Body 309th Session, Geneva, November 2010 Programme, Financial and Administrative Committee GB.309/PFA/1 PFA FOR INFORMATION FIRST ITEM ON THE AGENDA Programme and

More information

Sukuk and its Growth across Major Islamic Financial Markets

Sukuk and its Growth across Major Islamic Financial Markets Sukuk and its Growth across Major Islamic Financial Markets www.infosys.com/finacle Universal Banking Solution Systems Integration Consulting Business Process Outsourcing Sukuk and its growth across major

More information

Population below the poverty line Rural % Population below $1 a day % Urban % Urban % Survey year. National %

Population below the poverty line Rural % Population below $1 a day % Urban % Urban % Survey year. National % 2.7 International the the Afghanistan.................... Albania 2002 29.6 19.8 25.4...... 2002 a

More information

TRENDS IN INTERNATIONAL MERCHANDISE TRADE: A REVIEW OF THE OIC MEMBER COUNTRIES

TRENDS IN INTERNATIONAL MERCHANDISE TRADE: A REVIEW OF THE OIC MEMBER COUNTRIES ORGANISATION OF THE ISLAMIC CONFERENCE STATISTICAL, ECONOMIC AND SOCIAL RESEARCH AND TRAINING CENTRE FOR ISLAMIC COUNTRIES OIC OUTLOOK June 8 TRENDS IN INTERNATIONAL MERCHANDISE TRADE: A REVIEW OF THE

More information

ICDNewsletter Issue 02 Quarter 1-1434H

ICDNewsletter Issue 02 Quarter 1-1434H ICDNewsletter Issue 02 Quarter 1-1434H THE ISLAMIC CORPORATION FOR THE DEVELOPMENT OF THE PRIVATE SECTOR (ICD) editorial BACKGROUND The Islamic Corporation for the Development of the Private Sector (ICD)

More information

Fiscal Rules and Fiscal Responsibility Frameworks for Growth in Emerging and Low-Income Countries

Fiscal Rules and Fiscal Responsibility Frameworks for Growth in Emerging and Low-Income Countries Fiscal Affairs Department Effects of Good Government, by Ambrogio Lorenzetti, Siena, Italy, 1338-39 Fiscal Rules and Fiscal Responsibility Frameworks for Growth in Emerging and Low-Income Countries Martine

More information

Mineral Industry Surveys

Mineral Industry Surveys 4 Mineral Industry Surveys For information contact: Robert L. Virta, Asbestos Commodity Specialist U.S. Geological Survey 989 National Center Reston, VA 20192 Telephone: 703-648-7726, Fax: (703) 648-7757

More information

BADEA EXPORT FINANCING SCHEME (BEFS) GUIDELINES

BADEA EXPORT FINANCING SCHEME (BEFS) GUIDELINES BADEA EXPORT FINANCING SCHEME (BEFS) GUIDELINES 1 P.O. Box 5925 Jeddah 21432 Kingdom of Saudi Arabia Telephone: 636 1400 Telex: 601137-601407 ISDB SJ Facsimile: 636 6871 Jeddah (IDB) Facsimile: 637 1064

More information

TURKISH CONTRACTING IN THE INTERNATIONAL MARKET. Brief overview

TURKISH CONTRACTING IN THE INTERNATIONAL MARKET. Brief overview TURKISH CONTRACTING IN THE INTERNATIONAL MARKET Brief overview Construction plays a crucial role in Turkey s economic development, accounting for well over 6% of GDP and employing some 1.5 million people.

More information

מדינת ישראל. Tourist Visa Table

מדינת ישראל. Tourist Visa Table Updated 22/06/2016 מדינת ישראל Tourist Visa Table Tourist visa exemption is applied to national and official passports only, and not to other travel documents. Exe = exempted Req = required Press the first

More information

HEALTHIEST COUNTRIES 1 to 40

HEALTHIEST COUNTRIES 1 to 40 BLOOMBERG RANKINGS THE WORLD'S HEALTHIEST COUNTRIES HEALTHIEST COUNTRIES 1 to 40 1 Singapore 89.45% 92.52% 3.07% 2 Italy 89.07 94.61 5.54 3 Australia 88.33 93.19 4.86 4 Switzerland 88.29 93.47 5.17 5 Japan

More information

JSPS RONPAKU (DISSERTATION PhD) PROGRAM APPLICATION GUIDELINES FOR FY 2015

JSPS RONPAKU (DISSERTATION PhD) PROGRAM APPLICATION GUIDELINES FOR FY 2015 JSPS RONPAKU (DISSERTATION PhD) PROGRAM APPLICATION GUIDELINES FOR FY 2015 April, 2014 Japan Society for the Promotion of Science 1. Outline of JSPS RONPAKU Program The Japan Society for the Promotion

More information

Your Access to a World of Global Connectivity. www.nevigate.net

Your Access to a World of Global Connectivity. www.nevigate.net Your Access to a World of Global Connectivity Agenda Company Background / Profile Our Commitment Coverage Strengths Products Portfolio Deliverables Measurable Benefits Support Company Background Nevigate

More information

Outsource International Ltd

Outsource International Ltd Providing global technology solutions for: Carriers Systems Integrators Resellers Outsource Manufacturers International Ltd Government agencies Financial sector Global Technology Solutions Providing global

More information

Citizens of the following nationalities are exempted from holding a visa when crossing the external borders of the SCHENGEN area:

Citizens of the following nationalities are exempted from holding a visa when crossing the external borders of the SCHENGEN area: WEB SUMMIT BULLETIN VISA The VISA requirement to cross the external borders of the SCHENGEN area it is one of the most important procedural steps for all those participants in the next Web Summit that

More information

Global Education Office University of New Mexico MSC06 3850, Mesa Vista Hall, Rm. 2120 Tel. 505 277 4032, Fax 505 277 1867, geo@unm.

Global Education Office University of New Mexico MSC06 3850, Mesa Vista Hall, Rm. 2120 Tel. 505 277 4032, Fax 505 277 1867, geo@unm. Global Education Office University of New Mexico MSC06 3850, Mesa Vista Hall, Rm. 220 Tel. 505 277 4032, Fax 505 277 867, geo@unm.edu Report on International Students, Scholars and Study Abroad Programs

More information

THE EXTERNAL DEBT SITUATION OF AFRICAN AND OTHER OIC MEMBER COUNTRIES SESRTCIC

THE EXTERNAL DEBT SITUATION OF AFRICAN AND OTHER OIC MEMBER COUNTRIES SESRTCIC Journal of Economic Cooperation 23, 4 (2002) 33-58 THE EXTERNAL DEBT SITUATION OF AFRICAN AND OTHER OIC MEMBER COUNTRIES SESRTCIC Out of the 57 OIC member countries, 23 are currently severely indebted

More information

Appendix A. Crisis Indicators and Infrastructure Lending

Appendix A. Crisis Indicators and Infrastructure Lending Appendix A. Crisis Indicators and Infrastructure Lending APPENDIX A Table A.1. Crisis Indicators (Case Study Countries) Country % as Share of GDP Share of in Bank Crisis Severity Score (principal factor

More information

Eligibility List 2015

Eligibility List 2015 The Global Fund adopted an allocation-based approach for funding programs against HIV/AIDS, TB and malaria in 2013. The Global Fund policy states that countries can receive allocation only if their components

More information

Poorest Countries of the World: Projections upto 2018

Poorest Countries of the World: Projections upto 2018 Poorest Countries of the World: Projections upto 2018 By Dunya News http://www.dunyanews.tv Author: Anis uddin Shiekh (anis.shiekh@dunyatv.tv) December 2013 Copyright Dunya News 1 Introduction Poverty

More information

Cisco Global Cloud Index Supplement: Cloud Readiness Regional Details

Cisco Global Cloud Index Supplement: Cloud Readiness Regional Details White Paper Cisco Global Cloud Index Supplement: Cloud Readiness Regional Details What You Will Learn The Cisco Global Cloud Index is an ongoing effort to forecast the growth of global data center and

More information

A Region by Any Other Name...

A Region by Any Other Name... A Region by Any Other Name.... Janet Hall Bethany Public Schools, Bethany, Oklahoma jhall@bps.k12.ok.us OVERVIEW: It is often true that a place may be categorized as belonging to more than one region,

More information

INDEX FOR RISK MANAGEMENT RESULTS 2015

INDEX FOR RISK MANAGEMENT RESULTS 2015 INDEX FOR RISK MANAGEMENT RESULTS 2015 INFORM 2015 INFORM MEASURES THE RISK OF HUMANITARIAN CRISES AND DISASTERS IN 191 COUNTRIES COUNTRY RISK 3 YR TREND Afghanistan 7.88 æ Albania 2.61 à Algeria 4.64

More information

AFR EUR MENA NAC SACA SEA WP

AFR EUR MENA NAC SACA SEA WP 250000 200000 Millions (USD) 150000 100000 50000 0 AFR EUR MENA NAC SACA SEA WP India China USA Russian Federation Brazil Germany Pakistan Japan Indonesia Mexico Bangladesh Egypt France Italy Turkey Thailand

More information

GCC Pharmaceutical Industry

GCC Pharmaceutical Industry GCC Pharmaceutical Industry First coordination meeting for the pharmaceutical industry in the GCC and Yemen Dr. Aasim Qureshi 11 April 2011 Global Pharmaceuticals Industry The pharmaceutical industry is

More information

INDEX FOR RISK MANAGEMENT

INDEX FOR RISK MANAGEMENT INDEX FOR RISK MANAGEMENT RESULTS 2016 WELCOME Welcome to the INFORM (Index for Risk Management) 2016 global results report. INFORM is a way to understand and measure the risk of humanitarian crises and

More information

Monthly Report on Asylum Applications in The Netherlands and Europe

Monthly Report on Asylum Applications in The Netherlands and Europe Asylum Trends Monthly Report on Asylum Applications in The Netherlands and Europe November 2013 2014 November 2014 Colophon Title Subtitle Author Asylum Trends Monthly Report on Asylum Applications in

More information

Guidelines for DBA Coverage for Direct and Host Country Contracts

Guidelines for DBA Coverage for Direct and Host Country Contracts Guidelines for DBA Coverage for Direct and Host Country Contracts An Additional Help document for ADS Chapter 302 New Reference: 06/14/2007 Responsible Office: OAA/P File Name: 302sap_061407_cd48 BACKGROUND:

More information

Contact Centers Worldwide

Contact Centers Worldwide A Contact Centers Worldwide Country Tel.no. Supported lang. Contact Center Albania Algeria 852 665 00 +46 10 71 66160 Angola 89900 +34 91 339 2121 (Port) and Portuguese +34 913394044 +34 913394023 (Por)

More information

Faster voice/data integration for global mergers and acquisitions

Faster voice/data integration for global mergers and acquisitions Global agility in technology solutions. sm Faster voice/data integration for global mergers and acquisitions >The InTech Group, Inc. Worldwide in-country technical resources for newly merged companies

More information

New Technologies and services - Cable Television

New Technologies and services - Cable Television New Technologies and services - Cable Television WORLD: AFRICA provide service Angola Benin Botswana Burkina Faso Burundi applications. Cameroon The relevant licence must be obtained. Cape Verde Central

More information

LIST OF PAYMENT FOR VISA AND SECURITY BOND PAYMENT FOR VISA ( RM )

LIST OF PAYMENT FOR VISA AND SECURITY BOND PAYMENT FOR VISA ( RM ) LIST OF AND COUNTRY FOR Afghanistan 20 2000 Albania 20 2000 Algeria 20 2000 Angola 20 1500 Antigua and Bermuda - 2000 Argentina 20 2700 Armenia 20 2000 Australia - 1500 Austria ( Vienna ) 20 1500 Azerbaijan*

More information

LOCAL: INTRALATA RATES: COLLECT: PER CALL SERVICE CHARGE: $.75; PER MINUTE CHARGE: $.07 DEBIT: PER CALL SERVICE CHARGE: $.60; PER MINUTE CHARGE: $.

LOCAL: INTRALATA RATES: COLLECT: PER CALL SERVICE CHARGE: $.75; PER MINUTE CHARGE: $.07 DEBIT: PER CALL SERVICE CHARGE: $.60; PER MINUTE CHARGE: $. RATE INFORMATION SHEET LOCAL: (COLLECT: PER CALL SERVICE CHARGE: $.75; CALL RATE $.25 unlimited (~otal $1.00) DEBIT: $.80 INTRALATA RATES: COLLECT: PER CALL SERVICE CHARGE: $.75; PER MINUTE CHARGE: $.07

More information

Expression of Interest in Research Grant Applications

Expression of Interest in Research Grant Applications INTERNATIONAL CENTRE FOR GENETIC ENGINEERING AND BIOTECHNOLOGY THE ACADEMY OF SCIENCES FOR THE DEVELOPING WORLD UNITED NATIONS EDUCATIONAL, SCIENTIFIC AND CULTURAL ORGANIZATION ICGEB-TWAS-UNESCO/IBSP Joint

More information

Entrance Visas in Brazil (Updated on July 08, 2014)

Entrance Visas in Brazil (Updated on July 08, 2014) Ministry of External Relations Immigration Division Padip Holders of diplomatic passports Pasof Holders of official or service passports Entrance Visas in Brazil (Updated on July 08, 2014) Caption Vitem

More information

INSTRUCTIONS FOR COMPLETING THE USAID/TDA DEFENSE BASE ACT (DBA) APPLICATION

INSTRUCTIONS FOR COMPLETING THE USAID/TDA DEFENSE BASE ACT (DBA) APPLICATION INSTRUCTIONS FOR COMPLETING THE USAID/TDA DEFENSE BASE ACT (DBA) APPLICATION Full Name of Insured or Company and Complete Mailing Address: This is whoever has the contract with USAID. Generally, it is

More information

GLOBAL. 2014 Country Well-Being Rankings. D Social (% thriving) E Financial (% thriving) F Community (% thriving) G Physical (% thriving)

GLOBAL. 2014 Country Well-Being Rankings. D Social (% thriving) E Financial (% thriving) F Community (% thriving) G Physical (% thriving) 0 0 GLOBAL 0 Country Rankings 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 : >0.0% 0.% 0.0% 0.% 0.0% 0.% 0.0% 0.0% A Country s global rank B in three or more elements of well-being C (% thriving) D (% thriving) E

More information

Global Online Business Intelligence Masterfile

Global Online Business Intelligence Masterfile Size of Universe Cost Source Min Order Quantity 5,000 Update Frequency 6,074,363 Names USD 150.00 /M Addresses (Business Addresses Only) USD 175.00 /M Addresses (Named Executives) USD 150.00 /M Addresses

More information

LIST OF RESOLUTIONS ADOPTED BY THE GENERAL ASSEMBLY AT ITS SIXTY-EIGHTH SESSION ON THE RECOMMENDATION OF THE THIRD COMMITTEE

LIST OF RESOLUTIONS ADOPTED BY THE GENERAL ASSEMBLY AT ITS SIXTY-EIGHTH SESSION ON THE RECOMMENDATION OF THE THIRD COMMITTEE LIST OF AT THE LEVEL OF THE THIRD COMMITTEE ITEM 27: SOCIAL DEVELOPMENT ITEM 27 (a) Implementation of the outcome of the World Summit for Social Development and of the twenty-fourth special session of

More information

(b) the details of those who have been given asylum of other country, country-wise during the last three years

(b) the details of those who have been given asylum of other country, country-wise during the last three years Annexure Table indicating country-wise data on asylum seekers (LS Starred Q No. 232 for answer on 5.8.2015 on Political Asylum ) S.No. Name of Country (a) the total number of Indians who have sought political

More information

Global Education Office MSC06 3850, 1 University of New Mexico Albuquerque, NM 87131-0001 Phone: (505) 277-4032, FAX: (505) 277-1867

Global Education Office MSC06 3850, 1 University of New Mexico Albuquerque, NM 87131-0001 Phone: (505) 277-4032, FAX: (505) 277-1867 Global Education Office MSC06 3850, 1 University of New Mexico Albuquerque, NM 87131-0001 Phone: (505) 277-4032, FAX: (505) 277-1867 NEW INTERNATIONAL STUDENT ENROLLMENT FALL 2014 The following charts

More information

The 10 th International Conference on Islamic Economics and Finance (ICIEF) Institutional Aspects of Economic, Monetary and Financial Reforms

The 10 th International Conference on Islamic Economics and Finance (ICIEF) Institutional Aspects of Economic, Monetary and Financial Reforms Call for Papers The 10 th International Conference on Islamic Economics and Finance (ICIEF) Institutional Aspects of Economic, Monetary and Financial Reforms March 23-25, Doha, Qatar Please submit your

More information

World Muslim Population: 1950 2020

World Muslim Population: 1950 2020 World Muslim Population: 1950 2020 Houssain Kettani Abstract The purpose of this manuscript is to present a reliable estimate of the Muslim population and its percentage in each country throughout the

More information

EMERGENCIES 911 ABROAD

EMERGENCIES 911 ABROAD EMERGENCIES 911 ABROAD If you re in an emergency situation abroad, you ll need to know how to contact the police, an ambulance, or even the fire department. Not every county uses 911 as its emergency contact

More information

INTERNATIONAL AIR SERVICES TRANSIT AGREEMENT SIGNED AT CHICAGO ON 7 DECEMBER 1944

INTERNATIONAL AIR SERVICES TRANSIT AGREEMENT SIGNED AT CHICAGO ON 7 DECEMBER 1944 State INTERNATIONAL AIR SERVICES TRANSIT AGREEMENT SIGNED AT CHICAGO ON 7 DECEMBER 1944 Entry into force: The Agreement entered into force on 30 January 1945. Status: 130 Parties. This list is based on

More information

Entrance Visas in Brazil (Updated on November, 24, 2015)

Entrance Visas in Brazil (Updated on November, 24, 2015) Ministry of External Relations Immigration Division Padip Holders of diplomatic passports Pasof Holders of official or service passports Entrance Visas in Brazil (Updated on November, 24, 2015) Caption

More information

Per Minute Rate Unlimited North America

Per Minute Rate Unlimited North America AT&T U-verse Calling Calling Rates Rates do not include taxes, fees, surcharges. Call destinations and rates are subject to change. An additional per minute rate for international calls terminating on

More information

Time Warner Cable Date: 03/03/2014. Phone Product Management. BCP Standard International Rates

Time Warner Cable Date: 03/03/2014. Phone Product Management. BCP Standard International Rates Afghanistan $1.070 $1.100 Afghanistan Albania $1.040 $1.230 Albania Algeria $0.490 $0.560 Algeria Andorra $0.460 $0.750 Andorra Angola $1.440 $1.520 Angola Anguilla $0.570 $0.690 Anguilla Antarctica $3.010

More information

PROFILE Y AN OMP C C O M P A N Y P R O F I L E

PROFILE Y AN OMP C C O M P A N Y P R O F I L E COMPANY PROFILE C O M P A N Y P R O F I L E Albania Argentina Armenia Azerbaijan Bahrain Bangladesh Belarus Belgium Benin Bolivia Brazil Bulgaria Burkina Faso Burundi Cameroon Canada Cape Verde Chile China

More information

I. World trade developments

I. World trade developments I. World trade developments The value of world merchandise exports increased by 20 per cent in 2011 while exports of commercial services grew by 11 per cent. Key developments in 2011: a snapshot Trade

More information

Facts and Figures of Muslims in the World - Compiled

Facts and Figures of Muslims in the World - Compiled Facts and Figures of Muslims in the World - Compiled (manzoor@ndf.vsnl.net.in) Institute of Objective Studies 162, Jogabai Main Road, Jamia Nagar, New Delhi - 110025 KHANA-E-KABA MASJID-E-NABVI (SAW) of

More information

Jan C. Schippers November 2011 Chile 22/11

Jan C. Schippers November 2011 Chile 22/11 Jan C. Schippers November 2011 Chile 22/11 Water consump.on and water cycle, 2008 Direct and indirect water consump>on equals: Abstrac>on: 9,000 10 9 /m 3 year. 4,000 10 9. Precipita>on on land: 100,000

More information

MAGNITUDE OF COUNTERFEITING AND PIRACY OF TANGIBLE PRODUCTS: AN UPDATE. November 2009

MAGNITUDE OF COUNTERFEITING AND PIRACY OF TANGIBLE PRODUCTS: AN UPDATE. November 2009 MAGNITUDE OF COUNTERFEITING AND PIRACY OF TANGIBLE PRODUCTS: AN UPDATE November 2009 The growing importance of intellectual property (IP) in knowledge-based economies has generated concerns about the potential

More information

OIC [ISLAMIC] Indexes & Finance A Deep Dive

OIC [ISLAMIC] Indexes & Finance A Deep Dive THOMSON REUTERS OIC [ISLAMIC] Indexes & Finance A Deep Dive Oct 2, 2010 Rushdi Siddiqui, Global Head of IF & OIC Countries Overview Financial World s Attention Getting Shorter OIC Questions: A.R.T.C.E.

More information

Lebara Unlimited Plan

Lebara Unlimited Plan AFGHANISTAN $0.05 $0.19 ALBANIA $0.35 $0.43 ALGERIA $0.28 $0.38 AMERICAN SAMOA $0.15 $0.15 ANDORRA $0.07 $0.44 ANGOLA $0.25 $0.35 ANGUILLA $0.33 $0.33 ANTARCTICA $1.39 $0.00 ANTIGUA AND BARBUDA $0.25 $0.25

More information

Total Purchases in 2012

Total Purchases in 2012 Fighting Hunger Worldwide Food Procurement Annual Report 2012 Maize, Niger WFP/Rein Skullerud Procurement Mission Statement To ensure that appropriate commodities are available to WFP beneficiaries in

More information

Brandeis University. International Student & Scholar Statistics

Brandeis University. International Student & Scholar Statistics 1 Brandeis University International Student & Scholar Statistics 2014 2 TABLE OF CONTENTS OVERVIEW OF INTERNATIONAL STUDENT & SCHOLAR POPULATION 3 DETAILED INFORMATION ON INTERNATIONAL STUDENT POPULATION

More information

The World Market for Medical, Surgical, or Laboratory Sterilizers: A 2013 Global Trade Perspective

The World Market for Medical, Surgical, or Laboratory Sterilizers: A 2013 Global Trade Perspective Brochure More information from http://www.researchandmarkets.com/reports/2389480/ The World Market for Medical, Surgical, or Laboratory Sterilizers: A 2013 Global Trade Perspective Description: This report

More information

Corporate Overview Creating Business Advantage

Corporate Overview Creating Business Advantage Corporate Overview Creating Business Advantage 14 April 2013 Agenda The power of the group Our achievements Quick facts African regulatory environment Portfolio of offerings Creating value in Africa African

More information

MAPPING THE GLOBAL MUSLIM POPULATION

MAPPING THE GLOBAL MUSLIM POPULATION MAPPING THE GLOBAL MUSLIM POPULATION A Report on the Size and Distribution of the World s Muslim Population October 2009 About the Pew Forum on Religion & Public Life This report was produced by the Pew

More information

What Can I Do With the Data?

What Can I Do With the Data? Profile of GMAT Testing: Report Five-Year Summary, TY2011 TY2015 November 2015 Globally, nearly 1.3 million Graduate Management Admission Test (GMAT ) exams have been taken over the past five years by

More information

TWC Phone Service International Rate Table Comparison

TWC Phone Service International Rate Table Comparison Afghanistan $0.35 $0.35 Included* Included* $1.07 $1.10 Albania $0.15 $0.24 $1.04 $1.23 $1.04 $1.23 Algeria $0.17 $0.36 $0.49 $0.56 $0.49 $0.56 Andorra $0.05 $0.22 $0.46 $0.75 $0.46 $0.75 Angola $0.18

More information

Technical & Trade School Lines World Report

Technical & Trade School Lines World Report Brochure More information from http://www.researchandmarkets.com/reports/1836899/ Technical & Trade School Lines World Report Description: TECHNICAL & TRADE SCHOOL LINES WORLD REPORT The Technical & Trade

More information

COMMISSION IMPLEMENTING DECISION. of 24.5.2016

COMMISSION IMPLEMENTING DECISION. of 24.5.2016 EUROPEAN COMMISSION Brussels, 24.5.2016 C(2016) 3040 final COMMISSION IMPLEMENTING DECISION of 24.5.2016 amending Commission Implementing Decision C(2015) 8936 of 15.12.2015 on the financing of humanitarian

More information

List of tables. I. World Trade Developments

List of tables. I. World Trade Developments List of tables I. World Trade Developments 1. Overview Table I.1 Growth in the volume of world merchandise exports and production, 2010-2014 39 Table I.2 Growth in the volume of world merchandise trade

More information

PROBLEMS AND PROSPECTS OF SUSTAINABLE TOURISM DEVELOPMENT IN THE OIC COUNTRIES: ECOTOURISM. Nabil Dabour *

PROBLEMS AND PROSPECTS OF SUSTAINABLE TOURISM DEVELOPMENT IN THE OIC COUNTRIES: ECOTOURISM. Nabil Dabour * Journal of Economic Cooperation 24, 1 (2003) 25-62 PROBLEMS AND PROSPECTS OF SUSTAINABLE TOURISM DEVELOPMENT IN THE OIC COUNTRIES: ECOTOURISM Nabil Dabour * The strong and sustained rise of tourism activity

More information

CONVENTION ON INTERNATIONAL CIVIL AVIATION SIGNED AT CHICAGO ON 7 DECEMBER 1944

CONVENTION ON INTERNATIONAL CIVIL AVIATION SIGNED AT CHICAGO ON 7 DECEMBER 1944 State CONVENTION ON INTERNATIONAL CIVIL AVIATION SIGNED AT CHICAGO ON 7 DECEMBER 1944 Entry into force: The Convention entered into force on 4 April 1947. Status: 191 parties. This list is based on information

More information

31 MAY 2016 ARMANI HOTEL DUBAI, UAE

31 MAY 2016 ARMANI HOTEL DUBAI, UAE Presented by: 31 MAY 2016 ARMANI HOTEL DUBAI, UAE 2016 AWARD CATEGORIES Best Prepaid Program Best Premium Card Best Credit Card Best Co-Branded Card Best Debit Card Best Corporate Card Most Improved Card

More information

Directory & Mailing List Publisher Lines World Report

Directory & Mailing List Publisher Lines World Report Brochure More information from http://www.researchandmarkets.com/reports/1836438/ Directory & Mailing List Publisher Lines World Report Description: DIRECTORY & MAILING LIST PUBLISHER LINES WORLD REPORT

More information

EMEA BENEFITS BENCHMARKING OFFERING

EMEA BENEFITS BENCHMARKING OFFERING EMEA BENEFITS BENCHMARKING OFFERING COVERED COUNTRIES SWEDEN FINLAND NORWAY ESTONIA R U S S I A DENMARK LITHUANIA LATVIA IRELAND PORTUGAL U. K. NETHERLANDS POLAND BELARUS GERMANY BELGIUM CZECH REP. UKRAINE

More information

CORRELATES OF CORRUPTION

CORRELATES OF CORRUPTION CORRELATES OF CORRUPTION BO ROTHSTEIN SÖREN HOLMBERG WORKING PAPER SERIES 2011:12 QOG THE QUALITY OF GOVERNMENT INSTITUTE Department of Political Science University of Gothenburg Box 711, SE 405 30 GÖTEBORG

More information

The growing importance of Takaful insurance

The growing importance of Takaful insurance by Ajmal Bhatty, President & CEO, Tokio Marine Middle East, UAE Session IV: Challenges and issues in insurance statistics and insurance sector monitoring Asia Regional Seminar organized by OECD and Bank

More information

Shell Global Helpline - Telephone Numbers

Shell Global Helpline - Telephone Numbers Shell Global Helpline - Telephone Numbers The Shell Global Helpline allows reports to be submitted by either a web-based form at https://shell.alertline.eu or by utilising one of a number of telephone

More information

ULTRA Mobile International Long Distance Rate Table

ULTRA Mobile International Long Distance Rate Table Afghanistan 25 20 80 Afghanistan Mobile 23.5 21 85 Albania 8 63 250 Albania - Tirana 8 63 250 Albania Mobile 27.5 18 73 Algeria 6.5 77 308 Algeria Mobile 32 16 63 American Samoa 5 100 400 Andorra 22.5

More information

questvoice - VoIP Traiffs v1.1 September 2013

questvoice - VoIP Traiffs v1.1 September 2013 questvoice - VoIP Traiffs v1.1 September 2013 The following is a list of basic, standard tariffs for all questvoice VoIP and SIP services. We are able to tailor a tariff to your business's needs - please

More information

On-Net to On-Net Per. * Billed in 60 second increments. 1 Formerly found in Section 30.7.4

On-Net to On-Net Per. * Billed in 60 second increments. 1 Formerly found in Section 30.7.4 1 The international usage rates below apply to Dial-1 calls from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S. Virgin Islands. FONCARD international service is available from the U.S. Mainland,

More information

The Global Gender Gap Index 2012

The Global Gender Gap Index 2012 The Global Gender Gap Index 2012 RICARDO HAUSMANN, Harvard University LAURA D. TYSON, University of California, Berkeley YASMINA BEKHOUCHE, World Economic Forum SAADIA ZAHIDI, World Economic Forum The

More information

Adobe Creative Cloud Availability

Adobe Creative Cloud Availability Adobe Availability Countries/Regions for teams for teams United States Afghanistan Albania Algeria Andorra Angola Anguilla Antigua & Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas

More information

African Development Islamic Capital Market

African Development Islamic Capital Market سم الله الرحمن الرحيم African Development Islamic Capital Market ICD-Thomson Reuters Islamic Finance Indicator 2014 (IFDI), total Islamic finance assets $1.658 billion in 2013 expected to grow by 15% p.a.

More information

Withholding Tax Rates 2016*

Withholding Tax Rates 2016* Withholding Tax Rates 2016* International Tax Updated March 2016 Jurisdiction Dividends Interest Royalties Notes Albania 15% 15% 15% Algeria 15% 10% 24% Andorra 0% 0% 5% Angola 10% 15% 10% Anguilla 0%

More information

Halal food An important issue in global food industry Azadeh Nikfarjam

Halal food An important issue in global food industry Azadeh Nikfarjam Halal food An important issue in global food industry Azadeh Nikfarjam As Islam has program for controlling human being social life, it has considered a number of plans and programs for his/her personal

More information

SPRINT CALL HOME PREPAID CALLING CARD

SPRINT CALL HOME PREPAID CALLING CARD Domestic Dial-1 Calling Dollar Increments Price Per Unit $10 and $20 $0.59 The same per minute rates apply when the card is refreshed. International Calling The cost per call is based on a $0.59 cost per

More information

World Health Organization (WHO) estimates of tuberculosis incidence by country, 2014

World Health Organization (WHO) estimates of tuberculosis incidence by country, 2014 World Health Organization (WHO) estimates of tuberculosis incidence by country, 2014 Definition of high incidence With reference to the National Institute for Health and Clinical Excellence (NICE) recommendations

More information

VoIP Phone Calling Rates

VoIP Phone Calling Rates Afghanistan Default $0.52 Albania Default $0.24 Albania Mobile $0.71 Algeria Default $0.17 Algeria Mobile $0.86 Andorra Default $0.09 Andorra Mobile $0.48 Angola Default $0.21 Angola Mobile $0.24 Anguilla

More information

1.1 LIST OF DAILY MAXIMUM AMOUNT PER COUNTRY WHICH IS DEEMED TO BEEN EXPENDED

1.1 LIST OF DAILY MAXIMUM AMOUNT PER COUNTRY WHICH IS DEEMED TO BEEN EXPENDED 1 SUBSISTENCE ALLOWANCE FOREIGN TRAVEL 1.1 LIST OF DAILY MAXIMUM AMOUNT PER COUNTRY WHICH IS DEEMED TO BEEN EXPENDED Albania Euro 97 Algeria Euro 112 Angola US $ 322 Antigua and Barbuda US $ 220 Argentina

More information

Standard Virgin Mobile Rates

Standard Virgin Mobile Rates Standard Virgin Mobile National Out of Bundle * National Landlines National Mobiles National Texts Data per MB Calls to UPC Customer Care (1908) Voicemail 10c per text 1c per MB International ** UK Landlines

More information

VISA REQUIREMENTS FOR ALL COUNTRIES

VISA REQUIREMENTS FOR ALL COUNTRIES COUNTRY VISA REQUIRED REMARKS Afghanistan Islamic State of Afghanistan Albania Republic of Albania Business/Vacation Yes Visa not required for visits of up to thirty (30) days. Algeria Democratic and Popular

More information

MCI Business Complete Unlimited

MCI Business Complete Unlimited MCI Business Complete Unlimited Only available in areas where MCI offers Local Service and customers must be enrolled in corresponding MCI Business Complete Local Product to receive benefits of this plan.

More information

Challenges of Islamic Financial Market Development

Challenges of Islamic Financial Market Development Challenges of Islamic Financial Market Development By, Ijlal Alvi Contents Evolution of the Islamic Finance Industry & Islamic Capital Markets Current State of the Islamic Capital Markets Sukuk Issues

More information

How To Calculate The Lorenz Curve

How To Calculate The Lorenz Curve FACT SHEET 1. Overview 1.1 Developed by an Italian statistician Corrado in the 1910s, is commonly used to indicate income inequality in a society. is a number which has a value between zero and one. As

More information