QInvest’s Income-generating Ijarah Fund oversubscribed
Qatar-based QInvest, has successfully launched its QInvest SQN Income Fund (the “Fund”), with it being oversubscribed. The Fund, which…
Islamic Finance
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Dubai ranks first among global Islamic-economy enabling free zone cities
The report, launched at a joint press conference held at Dubai Technology Entrepreneur Centre, a wholly owned technology incubation centre…
GCC Islamic banks set to be more profitable than conventional peers for the second year running
Islamic banks in the Gulf Cooperation Council (GCC) region are forecast to be more profitable than their conventional rivals for…
London's City will support Turkey for an era of strong growth
Islamic finance has developed into an important new financial market, with the global Islamic finance sector estimated to have assets…
Dentons advises Warba Bank on Tier 1 Sukuk issuance
Dentons has advised Kuwait's Warba Bank on its issuance of US$250 million Perpetual Tier 1 Capital Certificates, which completed on…
ADIB appoints acting chief executive
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, said that its chief executive Tirad Al Mahmoud is…
Bahrain's GFH banks says it may merge with Dubai's Shuaa Capital
Bahrain's GFH Financial Group may merge with Dubai-based Shuaa Capital , GFH said on Tuesday, confirming market speculation that sent…
CBB Sukuk Al-Ijara subscribed
Subscriptions worth BD 26 million were received for the BD 26 million issue, which carries a maturity of 182 days.…
Saudi hires banks for dollar sukuk
Saudi Arabia hired Citigroup Inc., JPMorgan Chase & Co. and HSBC Holdings Plc as global coordinators on its international Islamic…
Emirates NBD bank Asset Management launches India Equity Fund with UTI International
Emirates NBD Asset Management has announced the launch of its Emirates Islamic India Equity Fund in partnership with UTI International,…
Bahrain’s Khaleeji Commercial Bank to list on DFM
Khaleeji Commercial Bank’s (KHCB) Board, headed by Dr. Ahmed Al Mutawa, Chairman of the Board has approved the inclusion of…
GFH Appoints Chief Placement Officer
In this capacity, Ahmadi will be responsible for over‐all placement activities of GFH. Earlier in November 2016, Ahmadi was appointed…