03/28/2018
Bahrain markets sukuk, not proceeding with conventional bond
The kingdom started meeting investors last week ahead of its planned international debt issuance
Islamic Finance
03/27/2018
Albaraka Turk says aims to double assets in the next five years
Albaraka Turk is a subsidiary of Bahrain-based Al Baraka Banking Group.
03/26/2018
DIB launches MyHome, a new home finance product
Customers to get more choice and flexibility
03/26/2018
Dubai Islamic Bank’s ‘MyHome’ Is Set to Change UAE Home Finance Market
MyHome offers the widest range of profit rates in the UAE market giving customers greater choice and flexibility throughout the life of their home finance
03/26/2018
ADIB wins four awards at IFN Awards 2018
Best Islamic Private Bank, Syndicated Deal of the year, UAE Deal of the Year, and Musharkah Deal of the Year.
03/26/2018
Arkan Bank funding led by Dubai Investments as it sets eyes on Nasdaq
The bank’s shares are currently listed on the Dubai Financial Market.
03/22/2018
Arkan Bank could tap investors for $200mln through Nasdaq Dubai listing
Dubai Investments CEO says that it intends to retain a stake of 25% in new Islamic wholesale bank
03/22/2018
INTERVIEW-Newly empowered Saudi women to help drive growth at Al Rajhi Bank
Female demand for cars to lift loan opportunities, says CEO.
03/21/2018
UAE bankers see “huge demand” for Islamic trade finance, expect significant growth
While Abu Dhabi Commercial Bank is mainly focused on conventional trade, its Islamic trade flows have increased in the last two to three years, and, as a result, its Islamic trade products.
03/21/2018
Dubai Investments to establish new Islamic bank in UAE
Plans revealed to set up new Islamic bank in Dubai Dubai Investments announces plans to lead a consortium of investors to launch Arkan Bank
03/20/2018
DIEDC to collaborate with Turkmenistan bank
Partnership to strengthen synergies in Islamic finance sector
03/20/2018
Dubai Investments to launch sharia-compliant Arkan Bank
The bank plans to list its shares on NASDAQ Dubai within 12 months of its establishment.
03/19/2018
GCC’s Islamic banking penetration makes a big leap
Islamic financing asset growth to outpace conventional counterparts
03/19/2018
Islamic finance to grow faster than conventional finance
According to the Moody’s top official, Islamic banking penetration in the Gulf Cooperation Council increased to 45 per cent of the total banking market, as of September 2017 from 31 per cent in 2008.
03/19/2018
Maisarah wins 'Best Islamic Bank in Oman' Award 2017
The award was received by Ismail Jama Bait Isihaq, AGM & Chief Operating Officer of Maisarah at the awards distribution event which was held at the Shangri-La Hotel Dubai.
03/19/2018
Noor Bank Receives 'Generally Conforms' Rating From UAE Internal Auditors Association
Noor Bank was accredited following a rigorous assessment by the IAA’s assessment team, which evaluated the bank in a number of areas as per the international standards.
03/18/2018
Nasdaq Dubai Welcomes USD 1.25 Billion Sukuk Listing By Islamic Development Bank
IDB’s Sukuk support the bank’s economic and social advancement goals in line with Sharia'a principles.
03/18/2018
Dubai airline Emirates set to close $600m sukuk
The proceeds from the issuance will be used for aircraft financing and working capital
03/15/2018
Islamic financing to outpace conventional banking with sukuks
Moody's says sukuk issuances have more than doubled over past decade to $100 billion
03/15/2018
Oman- Islamic banking growth could slow in future: H E Amri
During the IFN Oman Forum, panel discussions were also organised in which delegates from various stakeholders discussed issues related to Shaira'a-compliant financial products.