KFH traded sukuk volume reaches KD 16.6bn in 2017
Kuwait Finance House Group volume traded in the sukuk market reached $16.6 billion for the year 2017 ie a growth…
Islamic Finance
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Bahrain-Turkey banking ties highlighted
Bahrain Association of Banks has organised a business visit to the Banks Association of Turkey to activate the memorandum of…
Meethaq wins Best Islamic banking in Oman award
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, won the Best Islamic banking window in Oman award…
Islamic insurers to refocus on profitable segments
Improving insurance profitability in some of the sectors such as motor insurance and medical insurance are expected to result in…
Finance Minister to open Islamic Finance meet
The 4th Doha Islamic Finance Conference, scheduled to be held on January 9 at Sheraton Hotel, will bring together experts…
‘Qatar has strong economic foundation to build on Islamic finance industry’
Qatar has strong economic foundation that helps support and enhances the investment trends in the Islamic finance industry, according to…
Trakhees makes it easier for its customers by Integrating with Dubai Islamic Bank
Following the government trend in adopting smart technological transformations using advanced technologies to lessen the number of physical applicants and…
Sharjah Islamic Bank issues sukuk to raise $72.47mln
Income generated from the bank's dividends will be used for uplifting social activities in Sharjah Sharjah Islamic Bank has successfully…
‘Bitcoin is prohibited by Islam,' says Egyptian mufti
Egypt’s Grand Mufti Shawki Allam said in an official fatwa on Monday that trading with Bitcoin was "unlawful" according to…
Qatar plans central Shariah committee for Islamic banks
Qatar is planning to set up a central Shariah committee for Islamic banks to create consistency in Islamic finance, according…
Sovereigns dominate sukuk market in 2017, trend expected to continue in 2018
Ratings agency Moody's estimated in a report released on December 5 that total sukuk issuance for 2017 would be around…
Sharjah developer secures $270m funding for mega project
Sharjah developer ARADA on Thursday said it has secured a syndicated loan of AED1 billion ($270 million) from two major…