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,…
Islamic Finance
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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…
ADIB role in landmark Indonesia sovereign green sukuk recognized at IFR Asia awards
Abu Dhabi Islamic Bank (ADIB) has been recognized through two prestigious awards for its role in arranging a landmark $3…
Emirates Islamic opens new main branch in Abu Dhabi
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the inauguration of its new main…