Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
SYDNEY A global body for Islamic finance will prioritize wider adoption of its standards by engaging national regulators in key markets, aiming to tackle divergent practices that risk stunting the industry's growth.
SYDNEY, Oct 11 Russia's largest lender Sberbank is considering setting up an Islamic finance entity and will propose regulatory changes to facilitate sharia-compliant business, a senior bank official told Reuters.
LONDON/SYDNEY Britain plans to reissue Islamic bonds in 2019, a government official told Reuters, in a sign the country's exit from the European Union may accelerate plans to develop an Islamic finance industry.
Sept 11 Bahrain's Al Baraka Banking Group plans to launch an Islamic finance venture in Morocco in an effort to diversify assets and revenues as the lender expands its operations in Africa, its chief executive said.
DUBAI, Sept 10 Bahrain is tightening its rules for Islamic banks by requiring all of them to undergo independent, external audits to certify they are following Muslim laws known as sharia.
July 6 Malaysia-based investment firm Saturna Sdn Bhd and the private sector arm of the Islamic Development Bank on Thursday launched a fund they say combines Islamic and sustainable investment principles.
June 15 Saudi Arabia's Sedco Capital said on Thursday it has launched an investment strategy combining environment-conscious and sharia-compliant principles, as Islamic financial firms gradually embrace socially responsible investing.
SYDNEY New York-based Wahed Invest will offer its automated investment services across the United States after raising $5 million in seed capital, making it the first robo-adviser to cater to Muslim investors through a sharia-compliant platform, its founder said.
Islamic banks have continued to expand their balance sheets and capital buffers, but the era of double-digit growth rates could be coming to an end while asset quality concerns creep up, an industry oversight body said on Tuesday.
April 20 The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will develop a package of standards covering Islamic endowments, known as awqaf, the Bahrain-based body said late on Wednesday.