External audit, centralized regulation likely for global Islamic banking market
The fast growing Islamic Banking Industry all over the world may opt external audit and centeralized regulation of the Islamic…
Islamic Finance
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What initiative is driving the $2.3 trillion Islamic Economy?
The Dubai Center for Islamic Banking and Finance in Hamdan Bin Mohammed Smart University (HBMSU) and the Dubai Islamic Economy…
Meethaq aims financing Indian firms in Oman
Indian industrial ventures in Oman will be a focused area for funding by the Islamic banking of Bank Muscat, Meethaq.…
Dubai Islamic Bank hits the 'billion dollar profits club', what's next?
According to Dr. Adnan Chilwan, GCEO of Dubai Islamic Bank, ‘a billion dollars is just a number’, as he reflects…
President and Chief Executive of Al Baraka Banking Group Adnan Ahmed Yousif wins Global Islamic Finance 2017 Award
It was announced in Astana, the capital of Kazakhstan, the winning of Mr. Adnan Ahmed Yousif, President and Chief Executive…
Oman Islamic finance set for growth despite banking downgrade
When banking executives gathered at the First Salalah International Forum on Islamic Finance in Oman’s southern beach resort town at…
Al Baraka revs up Africa footprint with Morocco venture
Bahrain’s Al Baraka Banking Group plans to launch an Islamic finance venture in Morocco in an effort to diversify assets…
Indonesia, the next big market for Dubai Islamic Bank?
Indonesia is a very exciting market. It is the largest, most densely populated Muslim market, with around 250 million…
Bank of Khartoum turns to Path Solutions core banking system for UAE move
Bank of Khartoum is implementing Path Solutions’ iMAL Islamic core banking system for its new branch in the United Arab…
Conditions Conducive for Islamic Finance Expansion in Morocco- Al Baraka Bank
Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance…
Dubai Islamic Bank: Shari’ah-compliant DNA
Dubai Islamic Bank is the longest-established modern Islamic bank. It is also one of the leading financial institutions in the…
Al Hilal Bank issues $100million private placement Sukuk under its Euro medium term note programme
Aiming to diversify its funding base and tenors, Al Hilal Bank has issued a US$100 million private placement Sukuk. …