PREMIUMIndonesia’s sharia finance gains traction amid pandemic: OJK

first_imgLog in with your social account Facebook Indonesia’s Islamic finance has gained traction amid the coronavirus pandemic as the industry’s assets rose significantly and sharia banks recorded a jump in corporate profit, signaling a growing industry previously plagued with low demand.The assets of the country’s sharia finance industry reached Rp 1.639 quadrillion (US$111.1 billion) as of July this year, an increase of 20.6 percent compared to the same period last year, according to the Financial Services Authority (OJK), with the industry’s market share now at 9.68 percent of the Indonesian financial industry.“This reflects how sharia finance has a remarkable resilience and a great spirit to support the acceleration of the national economic recovery,” OJK chairman Wimboh Santoso told a virtual discussion on Monday. “We should use this pandemic as an opportunity to revive sharia econ… LOG INDon’t have an account? Register here Forgot Password ? Google Topics : Linkedin islamic-finance sharia-bank OJK Financial-Services-Authority BRI-Syariah Bank-Syariah-Mandiri BCA-Syariahlast_img read more

Surprising number of people will tolerate streets with funny names

first_imgBonar Street in Morningside. Photo: Google MapsMs Mulholland said she had never encountered a buyer who rejected a home based on the street name, though when she worked on the south side of Brisbane many Asian buyers would avoid the number four and flock to the number eight. She said on the peninsula, the more serious buyers ignored the potentially funny side of certain names, while those with more of a sense of humour would have a giggle and move on. “People from outside of the area tend to pause before saying certain names or they’ll try to describe where it is near or refer to a building name,” she said. “But it doesn’t stop them inquiring about properties on those streets.” Even Google Maps thinks Bald Knob Road in Peachester is a little risqué.BRISBANE is home to some giggle-inducing street names but sellers need not worry with a new survey showing most homebuyers wouldn’t be turned off by an unappealing address. That’s good news for the residents of Bald Knob Rd, Gross Ave and Weenah St. The Finder.com.au poll found only 4 per cent of Queenslanders, and 16 per cent of Australians, would forego a home because of an embarrassing street name, while a quarter of those surveyed would avoid a dodgy suburb name. Woodcock Street in Scarborough. Photo: Google MapsWhen it comes to renters, 14 per cent would avoid a funny street name and 28 per cent would steer clear of suburbs with unappealing names. Ray White Redcliffe real estate agent Loren Mulholland is no stranger to tricky names with the Redcliffe peninsula home to such gems as Hornibrook Esplanade, Dix St, Woodcock St, Humpybong Esplanade and Silcock St. “I try to keep things professional but when you first hear some of the names, you do have a bit of a laugh,” she said. “I’ve been on the peninsula since 2009 so I’m a bit desensitised now and I think most locals are the same.“Phallic-related names get the most giggles — like Cox St and Woodcock St — and anything at number 69 gets a laugh.” center_img Humpybong Park in Redcliffe. Photo: Google MapsMore from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours agoThe Finder survey of 2010 Australians found street appeal was thing that turned off the most buyers (53 per cent), while only 5 per cent would avoid a home due to a street number.Bessie Hassan, Money Expert at finder.com.au, said while sellers couldn’t do much about a terrible street or suburb name, they could make sure the house looked good from the street.“If they are already uncertain about the street name, you don’t want to detract or put off potential buyers if they arrive to find overgrown garden or broken garage door,” she said. “Updating the front of the home and garden could make the property more enticing to many more buyers.” The southeast’s funniest street names Bald Knob Rd, PeachesterBonar St, MorningsideBottomley St, BrassallButland St, Bracken RidgeButt St, HarristownChubb St, One MileFanny St, AnnerleyGross Ave, HemmantHornibrook Esplanade, ClontarfHumpybong Esplanade, RedcliffeHiscock Rd, Woodhill Wanka Rd, Cecil Plains Weenah St, Bracken RidgeWoodcock St, ScarboroughWoodcock St, Paddington StWoollybutt St, New AucklandWoodswallow Ct, Greenbank,last_img read more

Brussels calls on member states to support ‘collective’ pension savings

first_imgEuropean Union member states must promote “collective” pension savings vehicles, the European Commission has urged.Releasing its annual growth survey, the European executive also praised efforts by a number of countries in reforming their first-pillar pension systems, arguing that a majority of member states had amended systems to “better withstand” the impact of increased longevity.It noted, however, that the reforms could result in further “challenges” and insisted that, to ensure the success and continued support of state pension reforms, steps needed to be taken to maintain retirement income levels, extend working lives or provide other sources of income through “complementary” pension savings vehicles.“Member states,” the report continues, “need to support the development of collective and individual pension plans to complement public pension schemes, including by removing obstacles at European level.” Social partners, it says, also have an important role to play, depending on the circumstances.The reference to collective and individual pension plans is likely to be an attempt to present both second and third-pillar pension saving as viable ways of increasing income on retirement.Olivier Guersent, the most senior civil servant within the Financial Stability, Financial Services and Capital Markets Union directorate general, recently suggested the pan-European pension product developed by the European Insurance and Occupational Pensions Authority (EIOPA) could play an important role in developing pension saving where occupational systems were not in place.At the same event, EIOPA chairman Gabriel Bernardino suggested there was space for a pan-European occupational defined contribution system.The Commission’s report comes only a few months after social affairs commissioner Marianne Thyssen argued in favour of greater supplementary savings, while acknowledging the “limited” ability of many households to contribute to such systems.last_img read more

UWF Women’s Soccer Falls in Conference Championship Match 2-1 to Montevallo.

first_img Nov. 4, 2007 Box Score  PENSACOLA, Fla. – The University of Montevallo Women’s Soccer team denied West Florida’s bid for back to back Conference Championships. Last year, the Argos defeated Ouachita Baptist 1-0 to win the Gulf South Conference Championship. This season the Argonauts were undefeated in regular season conference matches, and the #1 seed in the tournament. West Florida had just beaten Montevallo last week in the final regular season match, but the Falcons got revenge today, to capture the Conference title. The Argos scored first, and Montevallo tied it before halftime, and then got the game winner from Kami Kapaku at the 85th minute to cap off an exciting second half.”When you have two very good teams, it is very tough for one team to win twice in a short span,” exclaimed West Florida Head Coach Joe Bartlinski. “We won last week and had our chances today, but Montevallo was facing elimination from the post-season, and it is tough to play a team with that mindset, especially when they are a quality team with a quality coach.” West Florida (15-3) most likely will get a bid to the national tournament next week; However, Montevallo (13-7) needed a win today to get in the post season tournament.The UWF Women’s Soccer team known for its’ defense started the Championship match with a flurry of offense in the early going. Only 4:52 into the match, the Argos were taking their second corner kick, and Brandi Adams kicked it nicely into the box, where Dernelle Mascall headed into the goal, for a quick 1-0 lead.Just a few minutes later, Mascall got a lead from Naila Owens, made a nifty move and drilled in what appeared to be her second goal in the first 18 minutes; however, the whistle blew just as she was getting off her shot, and it was offsides UWF. Montevallo would dodge two more great chances by UWF as Jodi Galucci and Brandi Adams had solid shots on the goal in the next several minutes, that just missed. As it turned out, that sequence was a hugh turning point in the match.Midway thru the first half, Montevallo had a great chance at a goal on a shot from Brittany Correia, which was blocked by UWF keeper Courtney Jones, and the rebound was almost kicked in by the Falcons Erin Duncan. However, Argo defender Marie Hastings was able to clear it out. That would be the only shot on goal for the Falcons in the first 35 minutes, while West Florida had four shots on goal in the early going. However, Montevallo garned some offensive momentum and put together back to back shots on the goal, in which one finally made it past Courtney Jones.Montevallo’s Angela Buonassisi scored at 36:25 into the first half, with her first goal of the season. Her shot came just after a shot by Natalie Martineau was blocked by Jones. The goal was the first allowed by Jones and the Argos in over 900 minutes of play. The first half would end with the scored tied 1-1.The second half was a hard fought intensely played 45 minutes. UWF had several corner kicks, but couldn’t take advantage. At the same time Sheka Codner, Anastasia Prescott and Linda Ganehed limited the opportunities for Montevallo with great defense and good footwork in getting the ball back out to the midfielders. In all, the Argos outshot the Falcons 18-10, but Montevallo ended up taking advantage of their few opportunities with the goal that mattered the most.Montevallo’s Kami Kapaku put a header in with five miutes remaining off a pass from Jo-Anne McCarthy, to beat the keeper from the right side. The Argos would get a shot attempt from Alison Riley with two minutes left that was blocked, and one last chance with a corner kick from Brandi Adams, that was deflected away. The Argos great run of shutouts ended, but hopefully the season is not over. West Florida should receive a bid to the national tournament which begins next week. Coach Bartlinski was disappointed with the loss, but knows he has a young team with a promising future, and some of the future could be real soon. “We have got to get refocused and move into the post-season, we still have some big fish to fry.” Bartlinski and his team will await word from the NCAA on the post-season bid. Print Friendly Version Share UWF Women’s Soccer Falls in Conference Championship Match 2-1 to Montevallo.last_img read more

David Davidson

first_imgDavid Davidson, 70, of Milan passed away Tuesday, August 11, 2020 at Mercy Health West in Cincinnati, Ohio.  David was born Friday, July 21, 1950 in Sunman, Indiana, the son of the late Marjorie (Jenkins) and James Davidson.  He married Pamela Davidson and she survives.  David served his country in the U.S. Army during the Vietnam Era.  He was self-employed as a painter and was of the Baptist faith.  He was a member of the Milan F & AM #31 Masonic Lodge; life member of the VFW; and member of Milan American Legion Post #235.  His hobbies included listening to Bluegrass music, watching westerns, gardening, bushhogging, raising cattle, and working in the barn.  He enjoyed spending time with family and friends at the Milan American Legion. He loved spending time with his grandchildren and grand dogs.David is survived by his wife Pamela of Versailles; son David Davidson of Greensburg; daughter Karen Davidson of Indianapolis; brothers: Larry of Moores Hill, Billy of Moores Hill, Timmy of Moores Hill, Greg (Tammy) of Milan; sisters: Shirley Berry of Moores Hill, Judy (George) Volz of Milan, Marlene (Melvin) Honeycutt of Elrod, and Susie (Richard) Vandyke of Greensburg; sister-in-law Carroll (Abby) Davidson of Greensburg; four grandchildren; and 1 great grandchild.  He was preceded in death by his parents Marjorie and James; and siblings: Raymond Jenkins, Patrick Lazenby, James Davidson, Linda Colson, and Jerry Davidson.Family and friends may gather to share and remember him 5 – 7 PM Friday, August 14, 2020 at Laws-Carr-Moore Funeral Home in Milan.   Masonic service at 6:45 PM provided by the Milan F & AM #31.  A service celebrating his life will be held 7 PM Friday, August 14 also at the funeral home with Roger Moore officiating.  Full military rites provided by the Milan American Legion Post #235 following the service.  Memorials may be given in honor of David to Hope Baptist Church or Milan American Legion.  Laws-Carr-Moore Funeral Home entrusted with arrangements, 707 S Main Street, Box 243, Milan, IN 47031, (812) 654-2141.  You may go to www.lawscarrmoore.com to leave an online condolence message for the family.  Due to the Governor’s mandate, social distancing should be observed, and masks are required.last_img read more

COVID- 19: 2020 French Open could be held behind closed doors

first_imgPARIS: The French Tennis Federation (FFT) is considering holding the 2020 French Open behind closed doors, according to federation President Bernard Giudicelli. The moving of the Grand Slam to September had created controversy with a number of players voicing concerns over playing a clay court tournament in the middle of the hard court season.Since the postponement was announced in March, Wimbledon was cancelled for the first time since the Second World War while doubts remain on whether the US Open will be held. “We haven’t ruled out any option,” Guidicelli told the French weekly Journal du Dimanche. “Roland Garros is first and foremost a story of matches and players. There is the tournament taking place in the stadium, and the tournament on TV screens. “Millions of viewers around the world are waiting. Organising it behind closed doors would allow part of the business model — television rights (which account for more than a third of the tournament’s revenues) — to go ahead. This cannot be overlooked.” While the new start date was originally supposed to be September 20, Guidicelli said that this could be pushed back to September 27. He said that holding the French Open is important financially for the players in the country. “Roland Garros is the driving force of tennis in France, it is what feeds the players in our ecosystem (260 million euros in revenue, or 80% of the turnover of the FFT),” he said. IANSlast_img read more

Monaco Send Onyekuru on Loan to Galatasaray again

first_imgHe scored 14 goals in 35 appearances for Galatasaray who went on to win the Turkish championship.Monaco, who signed the Nigerian for €17 million during the summer, have not included an ‘option to buy’ clause in the loan, suggesting that Onyekuru remains a part of their long-term strategy.Since his arrival in the principality, Onyekuru, who joined Monaco on a five-year deal, figured in just four matches under Leonardo Jardim who was sacked just after Christmas and replaced by ex-Spain boss Roberto Moreno. He hasn’t played in Ligue 1 since September 29.The loan signing ceremony which held at the Florya Metin Oktay Facilities was attended by Galatasaray President Mustafa Cengiz and Vice President Abdurrahim Albayrak.Galatasaray have paid Monaco a loan fee of 750,000 euros for the services of Onyekuru and the winger will earn 650,000 euros (N253.5 million) for the second half of this season, the club’s official website further announced .In his first words after signing the deal, Onyekuru said: “I am very happy to return to my house. This is my house. I hope we’ll be champions. I am very pleased and excited to be here.Galatasaray President Cengiz confirmed that the Nigeria international rejected other offers in favour of a return to the Istanbul club.Onyekuru helped the Lions win the League and Cup whilst on loan from Everton last season, scoring 16 goals in 44 games across all competitions while producing six assists.For the remainder of the 2019-2020 season, the former Eupen star will wear the number 70 jersey.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Monaco’s exciting young Nigerian striker Henry Onyekuru is to spend the rest of the season on loan at Galatasaray, the Ligue 1 club announced yesterday.The Turkish Super Lig champions announced Onyekuru’s second loan spell with them on their official club website yesterday.It will be the 22-year-old’s second loan spell in Turkey as he shone for Galatasaray last season when he was still at English club Everton.last_img read more

Rose Bowl Preview: In Madison, rosy memories don’t fade

first_imgIn 1993, Wisconsin football head coach Barry Alvarez was fresh off three losing seasons. Those tumultuous three years were his first at UW, as Badger fans were anxious for a return to prominence. Wisconsin hadn’t won a Big Ten title in over 30 years, and the picture wasn’t look any brighter under Alvarez.Ten wins later, the Badgers not only had that conference title they were desperately yearning for, but also a precious Rose Bowl win. Under Alvarez’s calm, collected leadership, Wisconsin defeated UCLA 21-16 in Pasadena and the coach’s legacy was born. The rest, they say, was history.Joe Rudolph was part of Alvarez’ first UW recruiting class, and he quickly became the latest in a long line of standout Wisconsin offensive linemen. The season after the Rose Bowl win, Rudolph was a team captain. Now, he’s tight end coach under Bret Bielema, and very few remember the birth of Alvarez’s legend.“He’s created a very strong tradition now,” Rudolph said. “Once the first team went there and won, I think it was the second team felt that same pressure, and it was on their shoulders now to keep that alive and rolling, and they were able to do so. Then onto the third, and now onto us. I think that’s any bowl game; you want to do that. Again, all the focus was within the preparation and the everyday work. It doesn’t happen by magic, you’ve got to work your tail off and make it happen.”The second Rose Bowl team Rudolph referred to came in 1998, and the third was the following year. Now, the 2010 Wisconsin Badgers are Pasadena bound. Alvarez has passed the coaching reins on to Bret Bielema, and he now serves as UW’s athletic director. Between Alvarez, Rudolph and the rest of Wisconsin, this year’s Badgers definitely don’t lack for Rose Bowl inspiration.“I was way too young for the ’93, but I remember watching highlights,” said center Peter Konz, a native of Neenah. “There’s just one picture I always remember, and everybody thinks it’s Ron Dayne, but it’s Brent Moss. I have a Brent Moss uniform in my closet, and I think I wore it in middle school; it’s really tight, so I thought I looked big in it. I tried to act like a running back, but I was always a lineman.“I always just remember the scene of Barry Alvarez in the end of the game, the lights, the roses, the team just kind of holdings its hands up. That’s what always sticks with me; that, and how hard the offense worked is impressive, just to see them work.”Clearly, Konz holds the Granddaddy of Them All in high regard. In Wisconsin, you’re essentially born with reverence for Alvarez and UW’s Rose Bowl years. After those glorious ’98 and ’99 teams, though, the Badgers have been relegated to middle-of-the-run bowls like the Outback, Capital One and Champs Sports Bowls for the past decade. So while some like Konz can talk fondly for days of their rosy memories, there’s a strong sense of urgency for many others.“To really know what a Rose Bowl means to us, you probably only have to be here one or two days in the program to get that feeling,” said defensive end Louis Nzegwu, a native of Platteville.Short, sweet and to the point. Yesterday’s Badgers blazed the path to Pasadena, and today’s can’t possibly run along it any faster. Yet, for all the desperation to return to Rose Bowl glory, this year’s Wisconsin squad boats a significant number of out-of-staters that have played crucial roles in the team’s success.“I think I didn’t understand until I got here,” said defensive back Antonio Fenelus, a native of Boca Raton, Fla. “Growing up, watching the Miami Hurricanes playing, it’s always either the national championship … or the Orange Bowl. I really didn’t pay too much attention to the Rose Bowl. But coming here, and playing, I understand how serious it is.”Perhaps that’s the best word to describe it – serious. Getting back to the Rose Bowl is serious. Wisconsinites were born with that mentality, and outsiders like Fenelus, Jay Valai, Niles Brinkley, John Moffitt and Culmer St. Jean quickly adopted it. Bielema’s mantra is 1-0; each game is its own season, take each one at a time. But no matter who it is, these Badgers can only push the “it’s the same as any other game” coachspeak so long.“When it’s business time, yeah,” said defensive tackle Jordan Kohout, a native of Waupun. “But when you step back, and you kind of realize, ‘Wow, this is the Rose Bowl,’ this is something that you’re going to remember for the rest of your life.”Indeed. After Wisconsin’s regular season-ending 70-23 trouncing of Northwestern, Alvarez spoke in the locker room of the monumental reward coming the Badgers’ way. He lauded all the hard work, all the little things; the “focus” Rudolph alluded to in expressing his congratulations for this year’s Rose Bowl participants. But as quickly as Alvarez was there to acknowledge what the team has accomplished, he rushed to address what the Badgers haven’t done.They haven’t won it yet.“As a kid, I remember watching the Rose Bowl games, and I’ve dreamt about going there,” said left tackle Gabe Carimi of Cottage Grove. “To make that a reality has been unbelievable. I can’t wait to prepare well and play well. I remember watching [Alvarez] when I was a fan and a kid, and now I get an opportunity to go out there myself and try to win a Rose Bowl.”last_img read more

U-23 AFCON: Watch highlights of Ghana’s 1-1 draw with Cameroon [VIDEO]

first_imgGhana and Cameroon played out a 1-1 draw in their opening game at the CAF U-23 African Cup of Nations (AFCON) on Friday.The Black Meteors picked up a point after Mohammed Habib’s equaliser, four minutes from time cancelled out a wonderful free-kick from Cameroon’s Franck Evina.The first half had ended goalless with Cameroon the better side for much of the opening 45 minutes.Coach Ibrahim TankoThey took the lead deservedly in the 60th minutes as Evina curled in a brilliant free-kick.The Ghanaians dominated the rest of the game and found an equaliser with four minutes to go as Habib pounced on a ball over the top and poked the ball past the goalkeeper.Ghana will now face hosts Egypt before playing against Mali who lost to the Egyptians in the first game.See the highlights of the game belowSEE ALSO: See great skill by Black Meteors’ Sarpong that sent Cameroon player flying off the pitch [VIDEO]last_img read more

England’s title hopes are dashed

first_img13 Aug 2015 England’s title hopes are dashed England’s hopes of regaining the Men’s Home Internationals title were dashed today when they lost a desperately close match with Scotland. The European champions beat England 8-7 and must be favourites to win the Raymond Trophy, having taken four points from the two matches played so far. Tomorrow they will meet Ireland, the hosts at Royal Portrush and defending champions, who beat Wales today and have three points so far in the series. England, who halved yesterday with Ireland for one point, will play Wales, who have yet to score. The championship is supported by Fairstone Financial Management. In today’s match England trailed 3-2 after the morning foursomes, gaining their points from two halved matches and one late win, provided by Ashton Turner and Jamie Bower, who battled back to win on the 18th. England challenged strongly for the singles points but fell agonisingly short. The session was intensely close with only one game decided – in Scotland’s favour – by a large margin. Of the others, one match was decided on the 16th, four on the 17th and four on the 18th. England’s singles wins were recorded by Ashley Chesters (image © Leaderboard Photography), Jimmy Mullen, Dan Brown, Alfie Plant and Sean Towndrow. The deciding match involved Lancashire’s Paul Kinnear who battled hard but finally bowed out to Connor Syme on the 17th. Team captain Terry Casey commented: “Sadly we again underperformed in the foursomes and this time it caught up with us. We were outplayed in a few matches and let at least one winning position slip. When our last pair snatched an unlikely, but timely win, we had at least given ourselves a chance. “Our position this afternoon was a lot better and we came out strongly, but the Scots were never likely to make it easy and although we were up in a number of matches we couldn’t quite get away, Many matches went to the last hole and it was really exciting and with one more win we could still have won overall, but it wasn’t to be.” Click here for full scoreslast_img read more