Islamic Finance

FinTech

ADIB launches new class of branch, combining best of digital banking with personalised service

March 22, 2017

The first branch, located in Dubai’s The Ranches Souk – Arabian Ranches II, was officially opened by Khamis Buharoon, Vice…

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Comment & Analysis

KFH celebrates its 40th anniversary of establishment

March 22, 2017

Kuwait Finance House (KFH) celebrated the 40th anniversary of its establishment to become one of the foremost Islamic financial institutions…

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Hedge Funds & Alternative Investments

Kuwait’s Warba Bank rings market opening bell to celebrate listing of USD 250 million Sukuk on Nasdaq Dubai

March 21, 2017

Shaheen Al-Ghanem, Chief Executive of Warba Bank,one of Kuwait’s leading banks, today rang the market-opening bell to celebrate the listing…

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Islamic Finance

Islamic Development Bank mandates 5 banks for sukuk

March 21, 2017

 The Islamic Development Bank has appointed banks for a potential U.S. dollar-denominated sukuk issue, banking sources said on Monday.   …

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Islamic Finance

QInvest’s Income-generating Ijarah Fund oversubscribed

March 19, 2017

Qatar-based QInvest, has successfully launched its QInvest SQN Income Fund (the “Fund”), with it being oversubscribed.   The Fund, which…

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Islamic Finance

Dubai ranks first among global Islamic-economy enabling free zone cities

March 17, 2017

The report, launched at a joint press conference held at Dubai Technology Entrepreneur Centre, a wholly owned technology incubation centre…

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Islamic Finance

GCC Islamic banks set to be more profitable than conventional peers for the second year running

March 16, 2017

Islamic banks in the Gulf Cooperation Council (GCC) region are forecast to be more profitable than their conventional rivals for…

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Comment & Analysis

London's City will support Turkey for an era of strong growth

March 16, 2017

Islamic finance has developed into an important new financial market, with the global Islamic finance sector estimated to have assets…

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Hedge Funds & Alternative Investments

Dentons advises Warba Bank on Tier 1 Sukuk issuance

March 16, 2017

Dentons has advised Kuwait's Warba Bank on its issuance of US$250 million Perpetual Tier 1 Capital Certificates, which completed on…

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Executive Moves

ADIB appoints acting chief executive

March 16, 2017

Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, said that its chief executive Tirad Al Mahmoud is…

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Islamic Finance

Bahrain's GFH banks says it may merge with Dubai's Shuaa Capital

March 15, 2017

 Bahrain's GFH Financial Group may merge with Dubai-based Shuaa Capital , GFH said on Tuesday, confirming market speculation that sent…

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Hedge Funds & Alternative Investments

CBB Sukuk Al-Ijara subscribed

March 15, 2017

Subscriptions worth BD 26 million were received for the BD 26 million issue, which carries a maturity of 182 days.…

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