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…
Islamic Finance
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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…
GFH clarifies market speculation on a merger with SHUAA Capital
SHUAA Capital’s stock price recorded an 18 per cent surge earlier this week on the back of a news report…
JPMorgan, HSBC, Citigroup Said to Be Hired on Saudi Dollar Sukuk
Saudi Arabia hired Citigroup Inc., JPMorgan Chase & Co. and HSBC Holdings Plc as global coordinators on its international Islamic…
KFH wins 3 awards from EmeaFinance
The prestigious EmeaFinance Magazine has awarded Kuwait Finance House Best Islamic Bank in Kuwait, Best local Bank and Best product…
Asar plays key role in Equate's debut sukuk programme
Al Ruwayeh & Partners, one of the most prominent corporate law firms in Kuwait, said it has played a major…
Boubyan Bank posts KD 41 mln in '16 profits
Boubyan Bank achieved net profit growth rate of 17 percent, recording a net profit of KD 41 Million for the…
Al Salam Bank inks exclusive deal with Gulf Air
Al Salam Bank-Bahrain, a pioneering Shari’a-compliant bank in the Kingdom, said it has signed an agreement with national carrier Gulf…
No mergers likely in UAE’s Islamic banking industry
Noor Bank chief executive officer Hussain Al Qemzi has ruled out possibilities of any possible mergers in the UAE’s Islamic…
UAE’s Sharjah Islamic Bank says plans convertible sukuk issue
Sharjah Islamic Bank plans to issue convertible sukuk equivalent to 10 per cent of the lender’s capital, it said on…