Abu Dhabi's UNB says IPO for its Islamic insurer JV heavily oversubscribed
Abu Dhabi's Union National Bank said on Thursday an initial public offer for its new Islamic insurer joint venture Orient…
Islamic Finance
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Bonus for 15 years: Qatar's QIB unveils new salary transfer campaign
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, yesterday announced the launch of a new salary transfer promotional campaign -…
Al Rayan Bank launches Scottish buy-to-let property finance
Just one month after establishing its presence as the only wholly Shariah-compliant retail bank in Scotland, Al Rayan Bank yesterday…
Sukuk ‘too complex’ as tool to raise funds
Sukuk issuance growth in the Arabian Gulf is likely to remain subdued this year even as countries in the region…
Bonus for 15 years: Qatar's QIB unveils new salary transfer campaign
Qatar Islamic Bank, Qatar’s leading Islamic Bank, yesterday announced the launch of a new salary transfer promotional campaign “Bonus For…
Islamic Banking: Challenge To Maintain Leading Growth In A Competitive Market
Islamic banking continues to broaden its reach and is able to compete effectively with conventional banks, supported by an increasing…
KFH Financial Brokerage wins ‘Best Islamic Brokerage Company 2016’
KFH Financial Brokerage, a subsidiary of KFH-Capital has been awarded “Best Islamic Brokerage Company” for the year 2016 by London…
More sukuk issuances seen in ’17 after 2 sluggish years
The year 2017 is seen to bring a rebound for sukuk after a slump during 2015 and 2016, international analysts…
DIB holding company sells stake in Jordan Dubai Islamic Bank
MESC Investments PSC, a unit of Dubai Islamic Bank, has completed the sale of its stake in Jordan Dubai Islamic…
Sharjah unveils Dh22 billion 2017 budget, largest in its history
His Highness Shaikh Sultan Bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has approved Dh22…
Oman seeks banks' proposals for dual-tenor international bond issue -sources
The government of Oman has approached banks for an international bond issue with tranches of five and 10 years as…
Ithmaar's new group structure wins approval
Ithmaar Bank, a Bahrain-based Islamic retail bank, announced today that it has obtained final approval from the Central Bank of…