Why Dana Gas declared its own sharia-compliant bonds unlawful
A decision by a Middle Eastern gas producer to declare its own sharia-compliant bonds unlawful has baffled investors in the…
Islamic Finance
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Gulf Energy Maritime signs $75 million deal with Dubai Islamic Bank
The seven-year facility is the first deal between GEM and DIB, and it is part of a long-term relationship with…
Millennials key to future of islamic banking
Millennials are expected to play a crucial role in the evolution of Islamic finance and help expand its customer base…
Impact investing and Islamic finance
Impact investing, as defined by the Global Impact Investing Network, is the investment made into companies, organisations and funds with…
Meethaq signs financing agreement with Safe Alloys
Meethaq Islamic Bank at Bank Muscat has signed a financial agreement with Safe Alloys, a Sohar Free Zone company, which…
Saudi Arabia's Sedco Capital launches green investment strategy
Saudi Arabia'sSedco Capital said on Thursday it has launched an investment strategy combining environment-conscious and sharia-compliant principles, as Islamic financial…
Islamic bond market stunned by ‘unlawful’ sukuk claim
The market for Islamic bonds is in turmoil after Dana Gas of the UAE told investors that its $700m sukuk…
Tanfeeth appoints Maryam Bahlooq as CEO
Maryam Bahlooq was previously Acting Group Head, Human Resources and headed the HR Business Partnership unit at Emirates NBD. …
Emirates Islamic shares 2017 investment outlook with wealth management clients
Emirates Islamic has recently shared the investment outlook for 2017 with its wealth management clients at exclusive events in Abu…
Qatari Banks to Undergo Short-Term Deposit’ Drying up
Economists expect Qatari banks to undergo their toughest stage in the coming days and to enter the phase of international…
Meraas issues Sukuk, sets up new management company with Dubai Holding
Institutions involved as book-runners included Dubai Islamic Bank, Emirates NBD, Noor Bank, Sharjah Islamic Bank and Warba Bank. The…
Ithmaar Bank staff earn professional certificates in Islamic finance from BIBF
TEN employees at Ithmaar Bank, a Bahrain-based Islamic retail bank, who recently earned professional certificates in Islamic finance from the…