Ministry of Finance announces Oman's debut sovereign sukuk
Oman's Ministry of Finance (MoF) announced the proposed issuance of the country's first sovereign sukuk on Sunday. The government sees…
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Islamic finance needs social media
The important point is both leaders have large following and both connect to the followers by tweeting. There are…
Nasdaq Dubai Murabaha platform wins Euromoney award for innovation in Islamic Finance
Emirates Islamic and Nasdaq Dubai have announced that the Nasdaq Dubai Murabaha platform has won the prestigious Euromoney Award for…
DIFC signs MoU with National Bank of Kazakhstan
Under the MoU, DIFC and NBK will support the development of synergies between the financial hub and organisations in Kazakhstan…
Dubai FDI targets Chinese investors at Dubai Week in China
Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), is participating in the inaugural…
Saudi Arabia's Alkhabeer Capital launches Islamic investment advisory for awqaf assets
Alkhabeer Capital has announced the launch of its “Waqf” (endowment) program, intended to provide advisory services for structuring Waqf entities…
Al Baraka Banking Group net profit hits $69m in Q1
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced a net profit of US$ 69…
Saudi Arabia to foster sukuk market as stocks open to foreigners
Opening its US$568 billion stock exchange to foreigners for the first time may be the push Saudi Arabia needs…
What next for Dubai property in 2015?
During the 2008 post-Lehman financial meltdown, home prices in Dubai fell by 60-70 per cent and a generation of offplan…
Lebanese banking sector has a low level of vulnerability
Fitch Ratings placed Lebanon’s banking sector among 81 banking systems with a “low level of potential vulnerability” coming in the…
QIIB gets ‘best bank’ award
The leading Islamic bank QIIB has won the award for the “Best Qatari bank in the banking and financial sector”…
Abu Dhabi waits on new regulations to replace its abandoned rents cap
Eighteen months after Abu Dhabi removed a 5 per cent rent cap for properties in the capital, questions are being…