Showing posts with label UK. Show all posts
Showing posts with label UK. Show all posts

Sunday, 8 March 2015

Suppliers needed to execute on Arab Women's Enterprise Fund projects

A networking event for potential suppliers which can deliver on the Arab Women's Enterprise Fund (AWEF) programme has been set for March 18 for Jordan and the Occupied Palestinian Territories (OPTs).

The 10 million-pound fund aims to empower poor women in Egypt, Jordan and the OPTs, increase their income and well-being and ultimately improving their livelihoods and growth opportunities. The programme will do this by increasing their participation in markets through working with market actors to encourage the adoption of new practices and also by addressing constraints in the enabling environment. 

The UK Department for International Development (DFID) will work with the Islamic Development Bank (IDB) which will contribute an additional 10 million pounds in shari'ah-compliant concessionary finance through financial intermediaries. The tender for DFID's half of the programme is available at the DFID Supplier Portal. 

The AWEF Supplier Networking Google Site  is now live. Those interested to join can email roopa-hinton@dfid.gov.uk. More information on the networking event is available from m-sansour@dfid.gov.uk. 

Monday, 6 October 2014

Unique reference on Islamic and Oriental Arms and Armour available online and in UK

Despite the 'out of print or limited availability' announcement on Amazon, a book on Islamic and Oriental Arms and Armour is still in print and available, says its author Robert Hales.

Hales notes that Amazon lists but does not carry the book, Islamic and Oriental Arms and Armour: A Lifetime’s Passion. "(The book) has been selling very well, mainly to libraries, collectors, museums and auction houses throughout the world. Copies can be ordered from my website: www.roberthales.co.uk. It is also stocked in several bookshops including The Wallace Collection bookshop in London, John Sandoe Books (near Sloane Square, London), and Ken Trotman Arms and Armour Books*," he said.

The seeds of Islamic and Oriental Arms and Armour: A Lifetime’s Passion were sown when Hales bought his first antique weapon in Kabul, Afghanistan in 1966. At the age of 21, he travelled overland to Nepal through Turkey, Iran, Afghanistan and Pakistan through India. Along the way, he acquired antiques from Tibetan refugees.  By the time he returned to London, travelling south through Baluchistan, Southern Iran and on to the Middle East, Jerusalem and Petra in Jordan, he had decided to give up a fledgling career as a microbiologist, turning to antique arms and armour instead.

Source: Robert Hales. 
1. Front cover; detail of a Mughal ivory horse-head dagger hilt, India, 17th century 
2. Mughal kard with a pale green jade hilt carved in the form of a ram’s head, India, 17th century 
3. Indian jambiya in the Arabian style; the gold hilt and sheath are decorated with rubies, emeralds and diamonds, India, 19th century. Formerly in the collection of the Nizam of Hyderabad 
4. Indian sword shamshir with Iranian watered steel blade; the silver-gilt hilt decorated with enamel and set with clusters of diamonds and emeralds; the scabbard fitted with a chape and suspension rings decorated en suite with the hilt. North India, Rajasthan, 18th-19th century 
5. Presentation sword given to Admiral FitzRoy in 1847 by Lord Hardinge, Governor-General of India; the Indian iron shamshir hilt is decorated with gold koftgari; the blade and scabbard was made by Henry Wilkinson and inscribed Robert FitzRoy from Lord Hardinge. On the reverse is a gold-damascened cartouche with the Persian inscription The blade of this sword will shine if it is used for the right cause. With the wrong cause, it will rust and the rust will become its scabbard. Dated AH 1264 and also 1847 AD 
 6. Turkish gem-set presentation kilij; the curved watered ‘T’ section blade deeply chiselled with split palmettes and arabesques; the 17th-century Indian jade hilt inlaid with jade leaves and flowers and further embellished in the 19th century with clusters of rubies, emeralds and diamonds, by Turkish craftsmen. Reputedly presented to Tsar Nicholas II by the Turkish Sultan Abdul Hamid II 
 7. An Ottoman kilij; the silver-gilt crosspiece and scabbard mounts are pierced, chased and engraved with trophies of arms; an early 20th-century handwritten label states Presentation Sword, presented to Captain William H. Bowen R.N. by H.M. King of Algiers for services rendered. Late 18th century Research indicates that the sword was actually presented to James Bowen by the Bey of Algiers 
 8. East European shamshir; the slightly curved watered blade is gold-inlaid with Orthodox Catholic symbols including a pair of candlesticks with lit candles. Second half of the 17th century

























Hales became a dealer for in the field with a gallery in London for 27 years and a recognised authority on the subject. He also continued to travel widely, from Morocco to Egypt and later to the Far East where he began a love affair with Indonesia and for the kris, an asymmetrical dagger with a wavy blade. He kept a photographic record of many of the weapons that passed through his hands, resulting in a rich and extensive archive.  

Islamic and Oriental Arms and Armour is the first book to document the range and breadth of this field. Such a reference work has not been published since George Cameron Stone’s A Glossary of the Construction, Decoration and Use of Arms and Armor: in All Countries and in All Times in 1934. 

As his life-long friend and fellow enthusiast for antique weapons Jonathan Barrett says in the foreword, “Bob was fortunate to have been active during a period of relatively plentiful supply; a time that we are unlikely to see again”. 

At the time of its launch in 2013 Donald LaRocca, Curator, Department of Arms and Armor at The Metropolitan Museum of Art, New York said: “Every collector, dealer, and curator will want to have this book and will consult it again and again.”  

Thom Richardson, Royal Armouries’ Keeper of Armour and Oriental Collections, Leeds, added: “As a source of images of the finest Asian weapons, this book is unrivalled and will be an indispensable resource for anyone interested in the subject in the future”.

The book is divided into four sections: daggers; swords; firearms; and armour, plus a glossary of terms. Many of the weapons featured were never used in anger but were primarily worn to show the wealth and status of the owner.  

Since the publication of the book, Hales has been managing the disposal of a collection of Oriental arms and armour in the estate of a deceased friend. He will be giving an illustrated lecture in aid of the Art Fund in Guernsey on 15 October, he added.

*Ken Trotman is listed as a bookshop in Cambridgeshire, UK.

Source: Amazon website.

Monday, 30 June 2014

CIMB Investment Bank is joint lead manager for 10 times-oversubscribed UK sukuk

CIMB Investment Bank has announced that it was the only ASEAN bank to be involved in the first sukuk offering by a sovereign outside the Islamic world. 

The bank acted as the joint lead manager and bookrunner for the GBP200 million sukuk offering by HM Treasury UK Sovereign Sukuk, a special purpose vehicle wholly-owned by Her Majesty’s Treasury.

The sukuk were priced on 25 June at 2.036%, representing a spread of 0 basis points (bps) relative to the yield on the 1¾% treasury gilt 2019, with the price set at GBP100. The deal was oversubscribed by more than ten times, attracting interest in excess of over GBP2 billion.

"The appointment not only recognises our expertise in Islamic finance but it is also a great testament to the stature of the investment banking franchise that we have built and our strong distribution capability in the region and beyond,” said Dato’ Sri Nazir Razak, Group Chief Executive, CIMB Group.

Chancellor of the Exchequer, George Osborne, said, “The issuance of Britain’s first sovereign sukuk delivers on the government’s commitment to become the western hub of Islamic finance and is part of our long term economic plan to make Britain the undisputed centre of the global financial system. We have seen very strong demand for the sukuk, resulting in a price that delivers good value for money for the taxpayer. I hope that the success of this government issuance will encourage further private sector issuances of sukuk in the UK.”

The deal attracted interest from a diverse group of domestic and international investors. The allocation was well-spread out globally, with 39% of the sukuk distributed to investors in the UK, the Middle East 37% and Asia 24%.

The deal was priced after a comprehensive roadshow across key global Islamic financial centres: Jeddah, Riyadh, Dubai, Abu Dhabi, Doha, Kuala Lumpur and London. The other syndicate banks for this transaction are Barwa Bank, HSBC, National Bank of Abu Dhabi and Standard Chartered Bank.

CIMB has been involved in a number of notable sukuk issuance transactions including multiple Government of Malaysia and Republic of Indonesia's trust certificates, Export-Import Bank of Malaysia's multicurrency sukuk programme, multiple tranches of Islamic Development Bank's trust certificates programmes since 2005, Sabana REIT – the world's first shari'ah-compliant industrial REIT’s trust certificates, and multiple Khazanah Nasional’s exchangeable sukuk.