Al Rayan Bank appoints chairman
Al Rayan Bank, formerly known as Islamic Bank of Britain, has announced the appointment of Robert Sharpe as Chairman. The…
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Moroccan king hits back at Swiss HSBC bank account accusations
Morocco's King Mohammed VI on Wednesday hit back at accusations of wrongdoing saying that holdings made with HSBC’s Swiss banking…
Emirates hires banks for UK-guaranteed sukuk of up to $1 bln
Emirates , the Dubai-based airline, has hired banks to help it arrange a sukuk or Islamic bond of up to…
Emirates hires banks for UK-guaranteed sukuk of up to $1bn
Emirates, the Dubai-based airline, has hired banks to help it arrange a sukuk or Islamic bond of up to $1…
New lifeline for stalled projects in Bahrain
Stalled residential projects that have blighted Bahrain's landscape for years will be given fresh impetus under new government plans. …
Oman's Bank Nizwa aims for 2015 merger with United Finance Co
Omani Islamic lender Bank Nizwa hopes to complete a merger with United Finance Co in 2015 as it aims for…
Kuwait's Investment Dar confident about debt-for-assets deal
Kuwait's Investment Dar remains on track to agree the bulk of a 813 million dinar ($2.8 billion) debt restructuring plan…
IMF sees gaps limiting growth of Islamic banking
Islamic banks have yet to devise strategies for attracting large swathes of the global Muslim population, limiting the industry’s prospects,…
Free trade agreement between UAE and Switzerland this year
Free Trade Agreement between Switzerland and the UAE will be implemented from July this year, a visiting dignitary from Switzerland…
Emirates hires banks for U.K.-guaranteed sukuk of up to $1 bln
Emirates, the Dubai-based airline, has hired banks to help it arrange a sukuk of up to $1 billion, according to…
Game theory model for Islamic finance?
Researchers are seeking to apply the principles of game theory to Islamic finance, one of several efforts to shed new…
Dubai’s Arqaam Capital Sounds Out Advisers Ahead Of Flotation
Dubai-based financial services firm Arqaam Capital has invited banks to pitch for roles in arranging its flotation on the emirate’s…