Standard Chartered launches Islamic saving accounts
Standard Chartered Bank, a leading multinational banking and financial services company, has announced the launch of Islamic saving accounts for…
Islamic Finance
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IsDB prize winner foresees bigger global role for Islamic finance
Winner of the 2016 Islamic Development Bank (IsDB) Prize in Islamic Banking and Finance Prof. M. Kabir Hassan has said…
Ithmaar wins WIBC award for top Islamic bank
Ithmaar Bank, a Bahrain based Islamic retail bank, was singled out among the world’s Islamic banks for a prestigious international…
KIB wins ‘Best Sharia-compliant Bank in MENA 2016’ Award
In recognition of its commitment to offer the best Sharia compliant banking solutions, Kuwait International Bank was recently bestowed with…
Building a partnership between Islamic and traditional finance
When we launched the “Dubai: Capital of Islamic Economy” initiative, our activities focused on establishing and promoting Islamic banking and…
GBSA announces new appointments to the board
The Gulf Bond and Sukuk Association, the trade association representing the Arabian Gulf fixed income market, has appointed Andy Cairns,…
Al Salam Bank-Bahrain launches new Visa card
Al Salam Bank-Bahrain, one of the pioneering Sharia compliant banks in the kingdom, has launched its new Visa Infinite Credit…
New report names standardisation, CSR, corporate governance problem areas of Islamic finance
A new report on the global development of Islamic finance released on December 7 at the World Islamic Banking Conference…
Bahrain’s Islamic finance sector sets the tone for the rest of the world
With decades of experience and regarded as the benchmark for its regulation, Bahrain stands out as a global leader in…
Bank Alkhair announces sale of major stake In Pakistan’s Burj Bank
“At Bank Alkhair, we actively manage our investment portfolio to ensure that our investments support the company’s strategic direction. …
Gold standard nod seen opening new markets for Islamic finance business
Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for…
Sukuk Market In 2016: Year In Review
Global currency sukuk continued to expand in 2016. Increasing issuances were observed in U.S. dollar, Indonesian rupiah, and Pakistani rupee…