Driven by both customers and regulators in the aftermath of the recent global financial crisis, the banking industry is gathering momentum towards a transformation that will see greater convergence between conventional banking, ethical finance,
Saudi Arabia-based International Hospitals Construction Company (IHCC) is the only firm in the region among the 144 global companies which have been rated on the ethical front, said a report.
Abu Dhabi Islamic Bank (ADIB), in partnership with Thomson Reuters, has launched global awards to recognise innovation in ethical and Islamic finance.
The awards will be presented in three categories, Islamic Finance Industry Deve
Consumption of products such as cocoa, coffee and bananas under the ethical Fairtrade label is continuing to rise strongly despite the economic downturn, the head of the Fairtrade Foundation said.
'We feel very keenly that the farmers