Global Takaful industry set to hit $25bn mark
Leading industry players, thought leaders and key regulators in the international Takaful (Islamic insurance) industry will take part in the…
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HSBC solely issues Almarai's debut Sukuk
HSBC Saudi Arabia said it had solely arranged and issued the first ever Sukuk program worth SR1 billion ($267 million)…
Julius Baer celebrates opening of Representative Office in Tel Aviv
Official opening on Rothschild Boulevard complements global network Julius Baer, the leading Swiss private banking group, today celebrates the opening…
Dubai bourse appoints ex-BarCap futures chief
The Dubai Mercantile Exchange, which is looking to expand following a capital injection by its largest shareholder, has appointed a…
ABK posts KD 50.3m 2011 net profit
Al Ahli Bank of Kuwait (ABK) posted a net profit of KD 50.3 million and earnings per share of 35…
KFH total assets up 467% to KD 13.5 bn
Most basic financial Kuwait Finance House (KFH) indices have witnessed significant growth during the past 11 years, where the bank…
Turkey: A bumper year for Islamic finance
The Turkish fi nancial market maintained its constant development in 2011 and recent reports from reputable international fi nancial institutions…
Bank Nizwa heralds new era for banking in Oman
Bank Nizwa launched its brand-mark today and moved towards the establishment of the first Islamic Bank within the country. The…
Qatar aiming to adopt best global judicial practices
Qatar is pursuing to learn and adopt the world’s best judicial and legal practices as well as build capacity of…
Appleby Wins Awards for Work in Kuwait and China
Appleby has been recognised for its work in the Middle and Far East by Islamic Finance News and the Asian-…
Four Emirati billionaires make it on to latest annual list of super-rich
Four UAE businessmen have been named in an annual list of the world's billionaires, joining wealthy entrepreneurs, property tycoons and…
Saudi's Dar Al Arkan confident over $1bn bond
Saudi builder Dar Al Arkan is able to repay a $1bn Islamic bond due this year and will not seek…