Dubai’s Damac said to hire Barclays, HSBC for possible sukuk
Damac Properties Dubai Co. hired banks including Barclays Plc and HSBC Bank Plc for a possible sale of U.S. dollar-denominated…
Islamic Finance
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Jordan's Safwa Islamic Bank appoints new CEO
Samer Tamimi has been appointed as chief executive of Safwa Islamic Bank, Jordan's third-largest Islamic bank. Tamimi, who has…
Dubai Land Department Signs an e-Mortgage Agreement with Dubai Islamic Bank
Dubai Land Department (DLD) has signed an e-mortgage agreement with Dubai Islamic Bank (DIB), which was signed by His Excellency…
Bahrain Wakes Up to Bond Reality
Bahrain reined in its bond-sale plans as investors sought higher yields amid a surge in issuance from the Gulf. …
World Finance Islamic Finance Awards 2018
Heading into 2017, expectations surrounding the global economy were bleak. The fear was that the surprise political outcomes in the…
Bahrain markets sukuk, not proceeding with conventional bond
Bahrain is marketing an international issue of US dollar-denominated Islamic bonds but is not proceeding with a proposed conventional bond…
Albaraka Turk says aims to double assets in the next five years
Turkish Islamic lender Albaraka Turk aims to increase both its loans and assets by around 15 percent a year for…
DIB launches MyHome, a new home finance product
Dubai Islamic Bank, the UAE’s largest Islamic Bank on Sunday launched MyHome, a new home finance product that is set…
Eagle Hills Diyar inks deal with Al Baraka
Eagle Hills Diyar, the master-planner of the iconic urban development Marassi Al Bahrain, said it has entered into a strategic…
Dubai Islamic Bank’s ‘MyHome’ Is Set to Change UAE Home Finance Market
Dubai Islamic Bank, the UAE’s largest Islamic Bank, has launched a new home finance product that is set to change…
ADIB wins four awards at IFN Awards 2018
Abu Dhabi Islamic Bank has won four awards at the Islamic Finance News Awards ceremony held in Dubai, including Best…
Arkan Bank funding led by Dubai Investments as it sets eyes on Nasdaq
Dubai Investments is at the head of a group of investors who will fund and launch a $100 million Islamic…