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Islamic Finance

12/20/2017

Islamic finance is becoming so attractive that even non-Muslims want in

The value of sovereign sukuk, or Islamic bonds, issued outside the Middle East and Southeast Asia by non-Muslim countries reached $2.25 billion in the 11 months through November

12/19/2017

Takaful Emarat agrees to buy Al Hilal Takaful to form the UAE's largest Islamic insurer

Both firms had Dh900 million in combined gross written contributions in 2016

12/18/2017

Alizz Islamic Bank CEO wins Best Arab CEO award

The Arab Best Awards was launched in 2016 to recognise and celebrate excellence in leadership, business, community and sports in the Arab world.

12/14/2017

Islamic finance plays larger role in sustaining economic growth

The report studied key trends across five indicators used to measure the development of the $2.2 trillion Islamic finance industry which are: Quantitative Development, Knowledge, Governance, Corporate Social Responsibility and Awareness.

12/14/2017

AGB wins number of Islamic Business and Finance Awards

The awards were received by Mohammed Halabi, Chief Executive Officer of Al Baraka Bank Syria at the awards ceremony which was held on December 12, 2017 in Dubai.

12/11/2017

Interest in Islamic finance growing, says QCB Governor

The first part of the event focused on the local, regional, and global use of financial technology, known more commonly in the industry as fintech.

12/11/2017

Kuwait cbank gov to helm IFSB chairmanship - Bangladesh's Kabir appointed as deputy

The 31st meeting of the IFSB Council, hosted by the Central Bank of the Islamic Republic of Iran and Bank Negara Malaysia, was held on Dec 11 2017 in Kuala Lumpur, Malaysia.

12/10/2017

National Bank Of Fujairah Joins Nasdaq Dubai Murabaha

The innovative platform complements our existing offerings as we seek to fulfil our clients’ growing needs in this space.

12/07/2017

Al Baraka named best performer in Bahrain

The awards were given away by Rasheed Mohamed Al Maraj, Governor of the Central Bank of Bahrain.

12/06/2017

Islamic banks should embrace, not fear, disruption from fintech

As industry growth slows down, new technologies will lead the way

12/05/2017

Middle East Islamic banking to grow by 5% annually, says governor of Central Bank of Bahrain

Rate of growth has slowed from historic highs amid economic slowdown, says Rasheed Al Maraj

12/05/2017

Islamic funds, asset management sector poised for growth

The number of Islamic funds stood at 1,535, compared to 802 funds in 2008.

12/04/2017

Majority Of GCC Banks’ Ratings Outlook To Remain Stable

Muted GDP Growth And Higher Funding Costs To Continue To Put Pressure On Banks’ Lending And Revenue In 2018

12/04/2017

QIB Recognised At ‘Arab Best’ Awards 2017

QIB Receives Two Awards

12/04/2017

AL-Thiqa Islamic Bank Deploys ICS BANKS ISLAMIC System from ICSFS

ICSFS provides fully integrated universal, banking applications that deploys solutions and a range of professional services to automate and streamline banking services.

12/03/2017

GCC corporate, infrastructure sukuk outlook uncertain

Segment remains a small fraction of region’s Islamic bond issuances, which are dominated by a few bespoke deals

12/03/2017

What is holding back corporate sukuk issuers in the GCC?

Region’s corporate and infrastructure Islamic bond market has yet to exceed double-digit growth in issuances

11/30/2017

UAE's Islamic banking assets surge 6% to $146bln in 10 months

Islamic banking assets accounting for 20.2% of total banking assets in the country.

11/29/2017

Policy Aims To Reduce Financial Burden: CBO

The Majlis Meethaq Forum Is Aimed At Presenting Successful Role Models And Highlighting Their Achievements To Motivate And Inspire Citizens

11/28/2017

KFH To Participate in World Islamic Banking Conference

Conference To Be Held In Bahrain From Dec 4-6

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