Islamic Finance

Islamic Finance

Disruptions to conventional wisdom to continue through 2017, says Emirates Islamic

June 12, 2017

Presented by Gary Dugan, Chief Investment Officer for Emirates NBD, the investment outlook focused on global highlights during 2016, as…

Read More

Awards and Recognition

Noor Bank Scoops Several Accolades at CPI Financial’s Banker Middle East Product Awards 2017, Industry Awards 2017

June 12, 2017

Noor Bank has announced that it has notched up several prestigious wins at the Banker Middle East Product Awards 2017…

Read More

Islamic Finance

UAE Central Bank Asks for Due Diligence on Qatar Bank Accounts

June 11, 2017

Banks and other financial institutions in the United Arab Emirates have been instructed to search for and freeze any accounts,…

Read More

Islamic Finance

Alizz Islamic Bank acts as joint lead manager for global sukuk issue

June 6, 2017

 Alizz Islamic Bank was selected to act as joint lead manager for the recently issued Government of Oman seven-year US…

Read More

Islamic Finance

Bahrain's GFH postpones talks to acquire Dubai's Shuaa Capital

June 6, 2017

GFH, a Bahrain-based Islamic investment firm, has suspended its acquisition talks with Dubai-based Shuaa Capital, following non-agreement of acquisition terms…

Read More

Islamic Finance

Alizz Islamic Show Interest In Merger With United Finance

June 6, 2017

Alizz islamic bank has shown interest in the possibility of a strategic merger with United Finance Company.   ‘Alizz islamic…

Read More

Islamic Finance

Tamkeen and Bahrain Development Bank sign agreement

June 5, 2017

Tamkeen and the Bahrain Development Bank signed an agreement to launch a BD 20 million portfolio within the Tamweel Plus…

Read More

Awards and Recognition

National Bank of Fujairah Islamic recognized as the best "Shari'a-compliant Window of the Year" at The Banker's Islamic Bank of the Year Awards 2017

June 5, 2017

Bank to focus on growing market share by servicing customer needs through innovative Shari'a compliant banking services   National Bank…

Read More

Hedge Funds & Alternative Investments

Al Baraka Banking Group issues $400million Islamic Sukuk

May 31, 2017

Al Baraka Banking Group B.S.C, the Bahrain-based leading Islamic banking group, announced the successful completion of its first Islamic Sukuk…

Read More

Insurance

Takaful is on good trajectory, but growth meets challenges

May 30, 2017

The Islamic insurance, or takaful, industry stands somehow in the shadow of the Islamic banking sector, partly because it doesn’t…

Read More

Islamic Finance

ADIB Global Investment Outlook Takes An Overweight View On GCC And European Equities

May 30, 2017

In its latest Global Investment Outlook presentation, Abu Dhabi Islamic Bank, ADIB, has suggested that investors should consider taking an…

Read More

Islamic Finance

UAE forms fatwa council to advocate moderate Islam

May 30, 2017

The Cabinet approved during it sessions the formation of the UAE Council for Fatwa to be the sole reference for…

Read More