Jordan approaches banks for dollar bond or sukuk issue- sources
The government of Jordan has asked banks to submit proposals to arrange a U.S. dollar conventional or Islamic bond issue,…
Islamic Finance
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Bank Nizwa takes top award for social responsibility
Recognizing its dedication to developing the communities it serves, Bank Nizwa received the prestigious ‘Excellence in CSR in Islamic Finance’…
Why conventional insurance will outpace takaful in the GCC
Overall premium growth in conventional insurance will fare better than the Islamic insurance segment, or takaful, this year, according to…
Warba Bank acquires ‘Ultris’ beach apartments in Virginia
Warba bank continues to reinforce its strategy which primarily aims to position the Bank as the Islamic corporate and investment…
Halal Expo Dubai, Salaam Gateway to attract foreign investment
Halal Expo Dubai, the largest and most comprehensive business-to-business (B2B) halal exposition in the Middle East, and Salaam Gateway have…
Participatory Finance: Bank Al Tamweel wa Al Inma to Launch Activities by September 2017
Bank Al Tamweel wa Al Inma, the participatory bank and joint venture between BMCE Bank of Africa and the Bahraini…
KFH wins ‘Best Consumer Digital Bank in the Middle East 2017’
Kuwait Finance House won “Best Consumer Digital Bank in the Middle East 2017” Award from Global Finance Magazine. Regional…
UAE reports resilience in takaful premium growth
Despite the general decline premium growth across the GCC in 2016, the takaful sector in the UAE showed the most…
Saudi's Samba Q2 profit down 3.3 percent
Samba Financial Group , Saudi Arabia's third-largest bank by assets, reported a 3.3 percent drop in second-quarter net profit on…
Ithmaar Bank, CEO win top CSR awards
Ithmaar Bank was honoured at a regional conference for its continuous support of the community and presented with the Best…
Abu Dhabi’s Al Hilal Bank issues $100 million private sukuk
Abu Dhabi government-owned Al Hilal Bank has raised $100 million through a private placement of sukuk, or Islamic bonds, sources…
Knowing The Very Basics Of A Murabaha Loan Structure
Islamic financing in various forms and shapes is playing an increasingly important role within the overall money markets. In…