Money Files

KUWAIT CITY—Islamic finance, which prohibits charging interest, is set to double in size in five years, but the one-trillion-dollar industry must diversify and regulate to realize its full potential, analysts and economic reports say.

Administrators are finalizing plans to kick off Emoryʼs largest fund-raising campaign ever this fall. The seven-year campaign will target individuals, corporations and foundations to raise money for Emoryʼs Strategic Plan, which details the Universityʼs development goals.

Monterey, Calif. Tom Pernice, Jr. Early forecasts calling for the Earl to bring sustained winds of 39 mph or higher never materialized.

Fannie Mae is getting back in the market for mortgages with no down payment, available to new home buyers in four states.

MANDEVILLE, LA – City of Mandeville, La., Mayor Donald Villere is doing away with take-home vehicles for department heads. Villere told the City Council August 26 that the mayor, the planning director, and the finance director will no longer be provided with take-home vehicles.

MONTGOMERY – A private contractor who uses a state office and public resources does so under the terms of her contract, acting state Finance Director Bill Newton said today.

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Malaysia’s largest lender Maybank on Friday announced plans to expand its Islamic finance business in Singapore and Indonesia to tap the markets’ demand for such services.

Even more than a tax credit, first-time homebuyers need an education. The Idaho organization “Finally Home” is doing just that.

SINGAPORE: Malaysia’s largest lender Maybank on Friday announced plans to expand its Islamic finance business in Singapore and Indonesia to tap the markets’ demand for such services.