Latest news with #DinersClub
SowetanLIVE
28-05-2025
- Business
- SowetanLIVE
Standard Bank crowned Africa's Best Islamic Bank — again
'We're honoured to receive this prestigious recognition for the second year running. Being named Africa's Best Islamic Bank reaffirms our commitment to innovation and to delivering principled, Shari'ah-compliant solutions tailored to our clients' unique needs,' says Ameen Hassen, head of Shari'ah Banking at Standard Bank. He says the award reflects the exceptional teamwork driving the bank's efforts to advance Islamic finance across the continent. The Euromoney Islamic Finance Awards honour institutions that have made a significant impact by driving innovation and growth in Islamic banking and finance. Standard Bank Shari'ah Banking has led several industry firsts, including: The world's first Shari'ah-compliant Diners Club card; SA's first fintech-enabled unsecured Shari'ah-compliant working capital solution through the Merchant Capital Shari'ah Advance; and The first Shari'ah-compliant term facility in SA offered by a commercial bank. Over the past five years, its assets have grown by 82%, outpacing the 79% growth in liabilities over the same period. 'We see Islamic finance as a powerful enabler of economic growth in Africa, especially in Sub-Saharan regions, which are home to 18% of the global Muslim population,' says Hassen. He says Standard Bank's Shari'ah Banking continues to innovate to ensure that Islamic banking plays a bigger role in Africa's economic development. This article was sponsored by Standard Bank.
TimesLIVE
28-05-2025
- Business
- TimesLIVE
Standard Bank crowned Africa's Best Islamic Bank — again
'We're honoured to receive this prestigious recognition for the second year running. Being named Africa's Best Islamic Bank reaffirms our commitment to innovation and to delivering principled, Shari'ah-compliant solutions tailored to our clients' unique needs,' says Ameen Hassen, head of Shari'ah Banking at Standard Bank. He says the award reflects the exceptional teamwork driving the bank's efforts to advance Islamic finance across the continent. The Euromoney Islamic Finance Awards honour institutions that have made a significant impact by driving innovation and growth in Islamic banking and finance. Standard Bank Shari'ah Banking has led several industry firsts, including: The world's first Shari'ah-compliant Diners Club card; SA's first fintech-enabled unsecured Shari'ah-compliant working capital solution through the Merchant Capital Shari'ah Advance; and The first Shari'ah-compliant term facility in SA offered by a commercial bank. Over the past five years, its assets have grown by 82%, outpacing the 79% growth in liabilities over the same period. 'We see Islamic finance as a powerful enabler of economic growth in Africa, especially in Sub-Saharan regions, which are home to 18% of the global Muslim population,' says Hassen.
Washington Post
20-05-2025
- Entertainment
- Washington Post
'Money does no good in a bank': World Central Kitchen's Jose Andres urges donors to give more
José Andrés remembers when he went to Haiti after the devastating 2010 earthquake that the government estimates killed more than 300,000 people. 'We began cooking in the streets, you know?' said the James Beard award-winning Spanish chef, whose group operates more than 40 restaurants around the world. 'I'm feeding people after an earthquake so there were no photographers or cameras, it was me with my friends doing it.' That was the start of World Central Kitchen, which has grown into a major nonprofit, raising hundreds of millions of dollars annually, as it quickly provides meals in response to humanitarian crises. Andrés' personal profile has only grown since then as well, as his NBC cooking competition show with Martha Stewart 'Yes, Chef' continues and his new book 'Change the Recipe: Because You Can't Build a Better World Without Breaking Some Eggs' hit stores last month. 'Now, sometimes when I go, everybody seems to have a camera,' he said. 'It's OK. I just go and try to do the best I can and donate my time.' Andrés' work has drawn plenty of accolades. Earlier this year, he received the Presidential Medal of Freedom from then-President Joe Biden, who said the winners 'answer the call to serve and led others to do the same thing.' Ricardo Leite, senior vice president and head of international markets at Discover and president of Diners Club International, said Diners Club donated $750,000 earlier this month to World Central Kitchen to provide approximately 150,000 meals. 'When looking for a nonprofit to collaborate with for our 75th anniversary, we wanted one that builds on our Together for Change corporate social responsibility program to create change where it matters most,' said Leite. 'This collaboration allows us to pay forward our legacy by helping provide comforting meals to those most in need.' The Associated Press recently spoke with Andrés about how he is dealing with the world's ongoing crises. The interview was edited for clarity and length. _____ A: It's important for the message that it sends, not only about donating to World Center Kitchen, but the important moment that philanthropy is going to be playing in a moment where we are seeing cutbacks. USAID is not being active any more and it used to be very important around the world. NGOs (Nongovernmental organizations) like World Central Kitchen in America and overseas are important because they occupy a role that governments don't occupy very often... It sends the message to every other foundation, private business, and individuals: Everybody needs to be very thoughtful about remembering that there are organizations doing vital work to bring relief or to solve problems that many people in America or abroad are facing. A: We've never been supported really by them, but we work alongside them. World Central Kitchen is in Myanmar and in Thailand after the earthquake. In the old days, there would've been a rapid response team of USAID showing up in those scenarios to help those countries take care of their needs in an emergency. So the answer is yes. It's not only us, obviously. We're not everywhere, but where we are, usually we occupy a very big role in the initial emergency response. For us, that means activating money that helps us execute a response that is beyond meals — it's meals, it's water, everything that needs to happen. And in the best fashion of World Center Kitchen. it is channeled through the local economy, so in the process of responding to the emergency, we are helping the local economy. A: We are ready. We are waiting. We hope that common sense will prevail. We hope that hostages will be released, that civilians in Gaza will not be afraid any more of bombs falling on their heads, and where everybody, Palestinians and Israel, can hope for a better tomorrow with peace. This will only happen with a ceasefire where nobody else is dying — where Gaza is not under attack, where Israel is not under attack, where hostages are released and where the children of Gaza can go back to school and they can start dreaming of rebuilding. The vast majority of people have common sense. They want to live in peace and prosperity. We cannot let the very, very few dictate the rules on behalf of the many that want to live in peace. A: I would say money does no good in the bank. I mean it's earning interest. But I think it's good when the money is used to invest in the people and when money is an investment in a better tomorrow. ______ Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit .
The Independent
20-05-2025
- Entertainment
- The Independent
'Money does no good in a bank': World Central Kitchen's Jose Andres urges donors to give more
José Andrés remembers when he went to Haiti after the devastating 2010 earthquake that the government estimates killed more than 300,000 people. 'We began cooking in the streets, you know?' said the James Beard award-winning Spanish chef, whose group operates more than 40 restaurants around the world. 'I'm feeding people after an earthquake so there were no photographers or cameras, it was me with my friends doing it.' That was the start of World Central Kitchen, which has grown into a major nonprofit, raising hundreds of millions of dollars annually, as it quickly provides meals in response to humanitarian crises. Andrés' personal profile has only grown since then as well, as his NBC cooking competition show with Martha Stewart 'Yes, Chef' continues and his new book 'Change the Recipe: Because You Can't Build a Better World Without Breaking Some Eggs' hit stores last month. 'Now, sometimes when I go, everybody seems to have a camera,' he said. 'It's OK. I just go and try to do the best I can and donate my time.' Andrés' work has drawn plenty of accolades. Earlier this year, he received the Presidential Medal of Freedom from then-President Joe Biden, who said the winners 'answer the call to serve and led others to do the same thing.' Ricardo Leite, senior vice president and head of international markets at Discover and president of Diners Club International, said Diners Club donated $750,000 earlier this month to World Central Kitchen to provide approximately 150,000 meals. 'When looking for a nonprofit to collaborate with for our 75th anniversary, we wanted one that builds on our Together for Change corporate social responsibility program to create change where it matters most,' said Leite. 'This collaboration allows us to pay forward our legacy by helping provide comforting meals to those most in need.' The Associated Press recently spoke with Andrés about how he is dealing with the world's ongoing crises. The interview was edited for clarity and length. _____ Q: Why is the Diners Club International donation to World Central Kitchen so important? A: It's important for the message that it sends, not only about donating to World Center Kitchen, but the important moment that philanthropy is going to be playing in a moment where we are seeing cutbacks. USAID is not being active any more and it used to be very important around the world. NGOs (Nongovernmental organizations) like World Central Kitchen in America and overseas are important because they occupy a role that governments don't occupy very often... It sends the message to every other foundation, private business, and individuals: Everybody needs to be very thoughtful about remembering that there are organizations doing vital work to bring relief or to solve problems that many people in America or abroad are facing. Q: Will World Central Kitchen have to step in to fill in the gap left by USAID cuts? A: We've never been supported really by them, but we work alongside them. World Central Kitchen is in Myanmar and in Thailand after the earthquake. In the old days, there would've been a rapid response team of USAID showing up in those scenarios to help those countries take care of their needs in an emergency. So the answer is yes. It's not only us, obviously. We're not everywhere, but where we are, usually we occupy a very big role in the initial emergency response. For us, that means activating money that helps us execute a response that is beyond meals — it's meals, it's water, everything that needs to happen. And in the best fashion of World Center Kitchen. it is channeled through the local economy, so in the process of responding to the emergency, we are helping the local economy. Q: Earlier this month, World Central Kitchen had to suspend operations in Gaza because you had no more supplies. Are you hopeful that will change soon? (This interview was done before Monday when Israel lifted its three-month blockade on supplies to Gaza.) A: We are ready. We are waiting. We hope that common sense will prevail. We hope that hostages will be released, that civilians in Gaza will not be afraid any more of bombs falling on their heads, and where everybody, Palestinians and Israel, can hope for a better tomorrow with peace. This will only happen with a ceasefire where nobody else is dying — where Gaza is not under attack, where Israel is not under attack, where hostages are released and where the children of Gaza can go back to school and they can start dreaming of rebuilding. The vast majority of people have common sense. They want to live in peace and prosperity. We cannot let the very, very few dictate the rules on behalf of the many that want to live in peace. Q: Is this the time for major donors to give more? A: I would say money does no good in the bank. I mean it's earning interest. But I think it's good when the money is used to invest in the people and when money is an investment in a better tomorrow. ______ Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit
Associated Press
20-05-2025
- Entertainment
- Associated Press
'Money does no good in a bank': World Central Kitchen's Jose Andres urges donors to give more
José Andrés remembers when he went to Haiti after the devastating 2010 earthquake that the government estimates killed more than 300,000 people. 'We began cooking in the streets, you know?' said the James Beard award-winning Spanish chef, whose group operates more than 40 restaurants around the world. 'I'm feeding people after an earthquake so there were no photographers or cameras, it was me with my friends doing it.' That was the start of World Central Kitchen, which has grown into a major nonprofit, raising hundreds of millions of dollars annually, as it quickly provides meals in response to humanitarian crises. Andrés' personal profile has only grown since then as well, as his NBC cooking competition show with Martha Stewart 'Yes, Chef' continues and his new book 'Change the Recipe: Because You Can't Build a Better World Without Breaking Some Eggs' hit stores last month. 'Now, sometimes when I go, everybody seems to have a camera,' he said. 'It's OK. I just go and try to do the best I can and donate my time.' Andrés' work has drawn plenty of accolades. Earlier this year, he received the Presidential Medal of Freedom from then-President Joe Biden, who said the winners 'answer the call to serve and led others to do the same thing.' Ricardo Leite, senior vice president and head of international markets at Discover and president of Diners Club International, said Diners Club donated $750,000 earlier this month to World Central Kitchen to provide approximately 150,000 meals. 'When looking for a nonprofit to collaborate with for our 75th anniversary, we wanted one that builds on our Together for Change corporate social responsibility program to create change where it matters most,' said Leite. 'This collaboration allows us to pay forward our legacy by helping provide comforting meals to those most in need.' The Associated Press recently spoke with Andrés about how he is dealing with the world's ongoing crises. The interview was edited for clarity and length. _____ Q: Why is the Diners Club International donation to World Central Kitchen so important? A: It's important for the message that it sends, not only about donating to World Center Kitchen, but the important moment that philanthropy is going to be playing in a moment where we are seeing cutbacks. USAID is not being active any more and it used to be very important around the world. NGOs (Nongovernmental organizations) like World Central Kitchen in America and overseas are important because they occupy a role that governments don't occupy very often... It sends the message to every other foundation, private business, and individuals: Everybody needs to be very thoughtful about remembering that there are organizations doing vital work to bring relief or to solve problems that many people in America or abroad are facing. Q: Will World Central Kitchen have to step in to fill in the gap left by USAID cuts? A: We've never been supported really by them, but we work alongside them. World Central Kitchen is in Myanmar and in Thailand after the earthquake. In the old days, there would've been a rapid response team of USAID showing up in those scenarios to help those countries take care of their needs in an emergency. So the answer is yes. It's not only us, obviously. We're not everywhere, but where we are, usually we occupy a very big role in the initial emergency response. For us, that means activating money that helps us execute a response that is beyond meals — it's meals, it's water, everything that needs to happen. And in the best fashion of World Center Kitchen. it is channeled through the local economy, so in the process of responding to the emergency, we are helping the local economy. Q: Earlier this month, World Central Kitchen had to suspend operations in Gaza because you had no more supplies. Are you hopeful that will change soon? (This interview was done before Monday when Israel lifted its three-month blockade on supplies to Gaza.) A: We are ready. We are waiting. We hope that common sense will prevail. We hope that hostages will be released, that civilians in Gaza will not be afraid any more of bombs falling on their heads, and where everybody, Palestinians and Israel, can hope for a better tomorrow with peace. This will only happen with a ceasefire where nobody else is dying — where Gaza is not under attack, where Israel is not under attack, where hostages are released and where the children of Gaza can go back to school and they can start dreaming of rebuilding. The vast majority of people have common sense. They want to live in peace and prosperity. We cannot let the very, very few dictate the rules on behalf of the many that want to live in peace. Q: Is this the time for major donors to give more? A: I would say money does no good in the bank. I mean it's earning interest. But I think it's good when the money is used to invest in the people and when money is an investment in a better tomorrow. ______ Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit
