Emirates Islamic posts H1 net profit of $105m
Emirates Islamic’s net profit for the first half of 2017 stood at Dh387 million ($105.3million) compared to Dh137 million for…
Islamic Finance
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Maybank: Tap Islamic financing potentials in Saudi's infrastructure projects
Maybank Islamic Bhd, the country's biggest Islamic bank, sees massive potential in Shariah-compliant infrastructure financing in Saudi Arabia. Its…
Rise of Islamic finance meets human capital gap
The growing popularity of Islamic banking and finance and its increasing global outreach has led to a considerable undersupply of…
ADIB hosts speed meeting session with FinTech Hive at DIFC
FinTech Hive at DIFC is a first-of-its-kind accelerator, launched by the Dubai International Financial Centre. The participants of the…
Why Green Sukuk Could be a Growth Driver for Islamic Finance
Created to fund projects with positive environmental benefits, green bonds have become rapidly popular in Europe and Asia while gaining…
Noor Bank wins ‘Innovator in Islamic Finance’ Award
Noor Bank has announced that it won the Innovator in Islamic Finance 2017 award in the Process Innovation category from…
The continuing allure of Islamic finance
With the total Islamic finance industry estimated at around $ 1.9 trillion in assets for year end 2016, this market…
Post-Brexit banking shape-up to benefit UAE financial centres
While European capitals are battling it out to woo London's bankers post-Brexit, the cities that stand to gain the most…
Takaful remains challenged sector within Islamic finance industry
While Islamic banking and investments are on a solid path to form competitive ecosystems within the global finance industry, that…
Central Bank of Iran Assigns Sukuk Trading to Capital Market
The Central Bank of Iran has finally stepped in and put a stop to the trading of the so-called Sakhab…
Local demand for Shariah-compliant funds rising, says QInvest
QINVEST has announced that the market is witnessing a surge in demand for Sharia’a compliant funds. Conventional investors also…
Meethaq crosses RO1bn milestone in assets
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, announced it has reached a key business growth milestone,…