Qatar's Masraf Al Rayan hires banks for debut dollar sukuk – sources
Qatari Islamic lender Masraf Al Rayan has hired banks ahead of a potential sale of U.S. dollar-denominated sukuk, or Islamic…
Islamic Finance
6034 articles found
Islamic banking largest sector, contributing to 71pc of industry’s assets
The global Islamic finance market is growing moderately, because of the strong investments in the Halal Sectors, infrastructure, and Sukuk…
Islamic asset management in global markets
Bank deposits remain by far the largest source of Shariah-compliant assets, but other types of assets have become increasingly significant,…
QIB successfully completes issuance of $750mn sukuk
*The sukuk was met with strong investor demand as evidenced by the large orderbook which closed at $3.1bn, representing an…
Technology is eating jobs, banking sector under pressure: Islamic finance expert
Warnings about the impact of tech on existing patterns of employment was one of the highlights of the discussions at …
Qatar to launch energy-focused Islamic bank with $10 billion capital
Qatar will launch an energy-focused Islamic lender later this year with a targeted capital of $10 billion to finance both…
Alinma Bank recognized for excellence in Islamic banking
Alinma was recognized with the Finnovex award for “Excellence in Islamic Banking” at a ceremony in Dubai as part of…
Emirates Islamic named most Innovative Islamic Bank by Islamic Finance News
Emirates Islamic, was recently awarded ‘Most Innovative Islamic Bank’ by Islamic Finance News at a ceremony held in Dubai. …
KFH holds AGM, approves distribution of 20% cash dividends, 10% bonus shares
Kuwait Finance House held its annual general Assembly (AGM) yesterday and approved the Board of Directors’ recommendation of distributing 20…
Interest growth: Adnan Chilwan, Group CEO, Dubai Islamic Bank, on the future of Islamic banking at home and abroad
How will the consolidation of the financial services sector affect operating costs for Islamic banks? CHILWAN: Given that more…
NMC wins UAE Deal of the Year
NMC, the largest private healthcare provider in the Middle East, was presented with the ‘UAE Deal of the Year’ award…
New World Capital Advisors invests in IslamicMarkets
New World Capital Advisors (“NWCA”), the specialist merchant banking and investment firm, has announced a strategic investment in IslamicMarkets, a…