The volume of the third phase of long-term investment
will be of 12 billion dollars.
Corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment
value, quality of products/services and global competitiveness.
This strategic investment is in line with the company's long-term investment
strategy to diversify the overall risk in the portfolio by investing in multiple asset classes including fixed income, equities, real-estate and alternative assets to optimize returns for its policyholders.
Dr Bennett, in his opening remarks, said: "Islamic finance provides us with a multiplicity of real asset-based structures that facilitate long-term investment
. But equally importantly, Islamic finance provides us with a robust ethical framework that encourages investors to focus on the long term through its discouragement of speculation and its requirement that finance be linked to the real economy."
He said: "The nature of our industry is one that requires a commitment to long-term investment
and strategic vision."
Agency-guaranteed residential adjustable-rate mortgage (ARM) portfolio and leverage ended the quarter at $13.45 billion and 9.22 times long-term investment
Synopsis: More Americans mention real estate than stocks or gold as the best long-term investment
, similar to 2016.
The slight decrease in net income from quarter to quarter was attributable primarily to an increase in the bank's non-interest expenses (USD3.9 million) and a decrease in realized gains on the sales of long-term investment
securities (USD2.9 million), offset by an increase in the bank's net interest income (USD6.9 million).
According to official disclosure to shareholders, the board of directors of company has approved a long-term investment
in its wholly owned subsidiary Js Infocom Limited in telecommunication, technology and media sectors.
Ship owners have made second hand dry bulk carriers their most sought after asset since the start of the year, as low prices have prompted many of them to acquire such vessels, even though market conditions mean that they will be a long-term investment
and will require at least a few years, until they earn their money's worth back.
To create the industry lists, more than 4,000 executives, directors and analysts rated companies in their own industries on nine criteria that affect reputation: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment
value, quality of products/services, and global competitiveness.