Islamic Finance

Hedge Funds & Alternative Investments

Sharjah Islamic Bank Launches ‘Commodity Murabaha’ Service in Cooperation With DMCC

November 6, 2019

Sharjah Islamic Bank has recently launched a Sharia’ a compliant ‘Commodity Murabaha’ financing solution for its Corporate Banking customers, in…

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Comment & Analysis

GCC banks to maintain stable financial profiles in 2020

November 6, 2019

According to the World Bank, growth across the Gulf region is expected to increase from two per cent last year…

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Hedge Funds & Alternative Investments

Emirates Islamic: "The time for Islamic banking to come to the forefront of the finance sector is now"

November 6, 2019

The 2019 edition of the ISLAMIC BANKING INDEX by EMIRATES ISLAMIC™ demonstrates significant progress made by the Islamic banking sector…

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FinTech

Dubai Islamic Bank introduces "Banking in Minutes" as it enters the next decade as a Digitally Intelligent Bank

November 5, 2019

In line with country’s digitization efforts, Dubai Islamic Bank, has for many years been active in championing the use of…

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Islamic Finance

Etihad Airways and Leading Financial Institution, Emirates Islamic, Expand Partnership

November 5, 2019

Etihad Guest, the award-winning loyalty programme of Etihad Airways, and Emirates Islamic, one of the leading Islamic financial institutions in…

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Financial Results

Al Baraka Banking Group's net income reaches $132million in the first nine months of 2019

November 4, 2019

Al Baraka Banking Group BSC has achieved a net income attributable to shareholders of US$ 84 million during the first…

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FinTech

Warba Bank launches unique digital service

November 4, 2019

Kuwait-based Warba Bank, a leading Islamic bank in digital services, recently launched “Hassala/ Money Box”, the newest digital service through…

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Islamic Finance

Bahrain set to vote on pension law amendments under Islamic Banking rules

November 3, 2019

Bahrain MPs are set to vote on three amendments to the existing pension laws that would allow workers to replace…

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FinTech

Islamic finance entrepreneurs eye new frontiers

November 1, 2019

Daniel Ahmed had raised $2.5m from wealthy Gulf investors to create a sharia-compliant crypto currency. But as the blockchain bubble…

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Comment & Analysis

Gulf Islamic Investments: Providing a diverse set of investment opportunities

November 1, 2019

Gulf Islamic Investments LLC is a UAE-based financial services company regulated by the Securities and Commodities Authority (SCA).   Gulf…

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Islamic Finance

Dentons advises on second green corporate sukuk issuance in the Middle East

November 1, 2019

Dentons advised the managers on the issuance of Majid Al Futtaim's US$600 million 3.9325% Green Trust Certificates due 2030, which…

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Islamic Finance

Sharia law and the applicable inheritance rules

October 31, 2019

When it comes to succession planning and wealth preservation, our clients in the Middle East are today among some of…

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