Articles

Eagle Labs: A Space to Create, Innovate and Grow

#AD #EagleLabs Using a one-team approach, the Barclay’s Eagle Lab in Scotland provides entrepreneurs access to mentoring, business and technology development. Resources not readily available anywhere else in the country. Based in Edinburgh and in partnership with the technology incubator Codebase, Eagle Lab focuses on Artificial Intelligence (AI) and development of innovative products. Using leading […]

Multiple awards and new chairman of Al-Rayan

At the beginning of February, Al Rayan Bank announced the appointment of Simon Moore as the Chairman of its board of directors.Moore replaces Robert Sharpe who is stepping out after four years of chairman’s role. Also serving as the chairman of Cambridge & Counties Bank , Moore was a member of the management board of […]

Record Year for UK’s Islamic Finance

The UK’s Islamic finance sector continued to grow in 2018 despite the economic uncertainty posed by the lack of a trade deal with the European Union in the aftermath of Brexit vote. The country witnessed its largest ever corporate Sukuk issuance and the launch of several new initiatives such as the Islamic Fintech Panel and […]

The UK’s Islamic Mortgage market to heat up

Islamic home-buyers in the UK are set to have more options as the Islamic mortgage market becomes more competitive with Gatehouse Bank announcing new home purchase financing plans on the heels of a record GBP100 million (US$130.53 million) in lending completed last year. To support its growth plans, Gatehouse also announced expansion of its underwriting […]

Report: Central Bank Digital Currency

Digitalization is reshaping economic activity, shrinking the role of cash, and spurring new digital forms of money. Central banks have been pondering whether and how to adapt. One possibility is central bank digital currency (CBDC)—a widely accessible digital form of fiat money that could be legal tender. While several central banks have studied the adoption […]

Microsoft office violated GDPR rules

“Microsoft systematically collects data on a large scale about the individual use of Word, Excel, PowerPoint and Outlook. Covertly, without informing people,” said in a blog post written by Privacy Company summarizing its report. Privacy Company was hired by the Netherlands government to probe the use of Office in the public sector. “Microsoft systematically collects […]