Saudi British Bank selects Bolero electronic trade document solutions
The Saudi British Bank has chosen Bolero International’s electronic trade document solutions for its corporate clients. According to Bolero,…
Islamic Finance
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Gulf Navigation looks to issue $250mn sukuk for expansion
Gulf Navigation Holding, a Dubai-based ship builder, has hired First Abu Dhabi Bank to manage a US$250 million sukuk issuance…
IDB wins Banker Middle East Award for digital transformation using SAP
The Islamic Development Bank, a multilateral development financing institution with 57 member countries as shareholders, is now fully delivering on…
Islamic banking assets in UAE hit $142billion in Q1 2017
The UAE’s AED522 billion Islamic banking assets will help fuel the growth of the country’s Halal sector, according to a…
Dana debacle highlights need for unified Islamic finance regulator
Islamic finance was set to be the wave of the future after the global financial crisis because it concerned real,…
Kuwait’s Islamic finance sector on strong growth trajectory, IMF says
Kuwait’s Islamic financial services sector is growing rapidly, with Islamic banking emerging as the most developed component of the industry,…
Islamic banks in the GCC face a tough year ahead
Islamic banks in the GCC are expected to face a tough year ahead as the slowdown in asset growth is…
Sukuk activity faces uncertain future after recovery in first half of 2017
Against the backdrop of a slowdown in the global Islamic financial services industry, sukuk activity in the GCC region is…
Dubai Financial Market welcomes the listing of Orient UNB Takaful
Shares of Orient UNB Takafulhas commenced its journey with Dubai Financial Market listing under the trading symbol, which appears on…
Al Rayan Bank CEO named to the Order of the British Empire
Sultan Choudhury, chief executive officer of Al Rayan Bank has been named an ‘Officer of the Most Excellent Order of…
"Unlawful" sukuk threaten Dubai's Islamic finance ambitions
Dubai's ambitions to become a global hub for Islamic finance may have been dented by the decision of Dana Gas…
Islamic finance growth to lose momentum in 2018: S&P report
Islamic finance industry will continue to expand this year, but lose some momentum in 2018, S&P Global Ratings forecast. …