Sukuk Market In 2016: Year In Review
Global currency sukuk continued to expand in 2016. Increasing issuances were observed in U.S. dollar, Indonesian rupiah, and Pakistani rupee…
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Gold standard nod seen opening new markets for Islamic finance business
Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for…
Luxury service apartments an alternative?
According to Colliers International’s MEA Serviced Apartments Market report in October 2016, Doha’s serviced apartments achieved the highest RevPAR across…
CBB Sukuk Al-Ijara subscribed
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has…
Ahli United Bank named ‘Bank of The Year Mideast’
Ahli United Bank has been recognised as “Bank of The Year – Middle East 2016” by The Banker, the world’s…
UAE consumers' perception of banks has improved: survey
UAE consumers’ trust levels with banks across the county remained “steady” this year despite economic uncertainties, according to the UAE…
UAE Banks Notify Expats On Anti-Tax Evasion Policy
Expatriates in the UAE have been notified about the implementation of a new global transparency policy that seeks to fight…
Dubai working with HSBC bank on $7 bln financing for Expo 2020
Dubai is working with HSBC on the financing of Expo 2020 Dubai, a $7 billion exhibition centre project expected to…
Qatari vision leading into the future
The Qatari playing field The GCC banking and finance sector is believed to be far more stable and resilient…
Bank Alkhair announces sale of major stake In Pakistan’s Burj Bank
“At Bank Alkhair, we actively manage our investment portfolio to ensure that our investments support the company’s strategic direction. …
PTI raises questions about investments in Dubai real estate
In the wake of revelations regarding offshore investments by more than 500 Pakistani nationals in the Panama Papers leaks, the…
Millennials ‘prefer to use than own a superyacht’
The next generation of UHNWIs will increasingly prioritize experience over possession, said a top official, adding they will still want…