Qatar International Islamic Bank plans Tier 1 Sukuk issue
The meeting delegated the bank’s board of directors' to decide the size of each issuance ,terms and conditions and issuance…
Hedge Funds & Alternative Investments
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Government of Iran issues Sukuk al Ijarah, banking relations normalising
The issue marks the first use by the Government of Iran of such bonds. Previously, in September 2015, another…
Path Solution joins CIBAFI, the world renown General Council for Islamic Banks and Financial Institutions
Path Solutions is happy to announce that it has joined CIBAFI, the General Council for Islamic Banks and Financial Institutions…
GGICO Reports Net Profit of AED 20 million
Diversified conglomerate Gulf General Investment Co. PSC reported a net profit of AED 20 million for the year 2015, as…
Lebanese Nationals Largest Investors in Portugal Golden Visa Program
More and more frequently, the term second passport is coming up in conversations in coffee shops and amongst Lebanese nationals…
UAE banks agree 'mini insolvency law' to help SMEs
Banks in the UAE will suspend legal action against small and medium sized enterprises (SMEs) struggling to repay debt for…
Sa wants more Saudi renewable energy investment
South Africa is looking for more investments in renewable energy from Saudi Arabia. Following a state visit to the…
Government bank deposits fall
Government bank deposits continued to fall in Saudi Arabia and the UAE last month, as the low oil price hits…
Murjan buys London building for 85 million pounds
Saudi Arabia-based investor Al Murjan Group has bought London's Kinnaird House office building for 85 million pounds from German fund…
Finance footprint across Asian Markets offers an opportunity to respond to headwinds
At the end of 2013, Islamic banking and Islamic bonds or Sukuk in Asia had made up 49 per cent…
Saudi Economy Shows Deepening Signs of Strain as Spending Drops
The Saudi economy is showing deepening signs of strain under the weight of cheap oil. Saudi consumers withdrew and…
Jordan to issue Islamic sukuk worth JD250m
An issue of Islamic sukuk worth around JD250 million is expected in the second quarter of 2016, Central Bank of…