The next edition of the Arab Banker magazine will be mailed out in the final week of September. Five thousand copies have been printed.
Sukuk issuance fell to $115bn in 2013, compared to $136bn in 2012, according to a report by Zawya, the Dubai-based news and report service, but the fall was entirely attributable to reduced issuance by Malaysia, which accounts for about two thirds of the global total.
Dr. Naaman Azhery, the Chairman of Blom Group, received the ABA's award for Distinguished Service to Banking at the Association's Annual Gala Dinner on 24 October. Over 200 ABA members and guests attended the event, which also included the Rt Hon. Oliver Letwein, Minister for Government Policy, as the keynote speaker.
To help our members understand the forces and pressures at work in Libya today, the Arab Bankers Association spoke to Oliver Miles, a former British Ambassador to Tripoli. We asked him about the regional differences in Libya and the importance of tribal and family ties, as well as the role that the international community can play in rebuilding Libya.