NO. 31


Financial and Banking News

Loans & Issues

Sudan Appoints New Finance Minister

Mr. Abdul-Rahim Hamdi has been appointed Minister of Finance and EconomicPlanning in Sudan. He was previously the assistant general manager atLondon-based Al-Baraka International Bank, a position he vacated on 27 April, although he had been sworn in in mid-April. Mr. Hamdi is well known in Islamicbanking circles (Al-Baraka conducts all its operations according to the principles of Islamic...