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…
Islamic Finance
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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…
QIIB makes senior Qatari appointments
QIIB has announced that Sheikh Abdulaziz bin Abdullah bin Faisal al-Thani has been appointed as chief of its Corporate Banking…
Arkan Bank could tap investors for $200mln through Nasdaq Dubai listing
The new Islamic bank being set up by a group of investors led by Dubai Investments could raise up to…
INTERVIEW-Newly empowered Saudi women to help drive growth at Al Rajhi Bank
As Saudi women get the right to drive and have more chances to work, increased economic activity among an entire…
UAE bankers see “huge demand” for Islamic trade finance, expect significant growth
The Islamic finance sector will continue to show strong growth in 2018, according to a new Moody’s report, with trade…
Dubai Investments to establish new Islamic bank in UAE
Dubai Investments is leading a consortium of investors to found Arkan Bank, a Dubai-based company for sharia-compliant banking, it was…