External audits is the way forward for Islamic finance
Wider acceptance and adoption external Sharia audits across the Islamic finance industry will go a long way in preserving the…
Islamic Finance
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Talal Al Zain to head new Islamic investment bank in Abu Dhabi
ADCorp, the newly formed Islamic investment bank, has named Talal Al Zain as its chief executive. Its two main…
ASBB unveils special offer for Bahrain housing projects
Al Salam Bank-Bahrain, a major Shari’a-compliant bank, has launched a new finance scheme for its customers buying properties in two…
SME financing by Islamic banks
A Growing bias for Shariah-compliant borrowing among small and medium enterprises is helping Islamic banks and Islamic banking windows of…
Noor Bank closes AED 850 million Syndicated Islamic Financing Facility for Ajman Bank
Noor Bank, a leading Shari’ah compliant bank in UAE, was mandated for the second time to act as the Initial…
GFH appoints Hammad Younas as head of investment management
GFH, the Bahrain based financial group, today announced the appointment of Mr. Hammad Younas as Head of Investment Management. In…
Sharjah Islamic Bank wins the 'Best Professional Practices Award for Internal Audit in the Private Sector' for the 2nd Consecutive Year
Sharjah Islamic Bank was presented the ‘Best Professional Practices in Internal Audit in the Private Sector’ award under the “Governance,…
Sharjah Islamic Bank wins the ‘Best Professional Practices Award for Internal Audit in the Private Sector’ for the 2nd consecutive year
Sharjah Islamic Bank was presented the ‘Best Professional Practices in Internal Audit in the Private Sector’ award under the “Governance,…
Bahrain central bank says no current plans to issue bonds
Bahrain's central bank said on Thursday that it has no current plans to issue either conventional or Islamic bonds. …
Aspirations to create the Islamic mega bank continue amid difficulties
The Global Islamic Economy Summit 2016 held last month in Dubai highlighted a broad variety of topics related to Islamic…
Qatar Islamic Insurance wins ‘Family Takaful Company of the Year’ award
Qatar Islamic Insurance was awarded the “Family Takaful Company of the Year” at the ‘3rd Middle East Insurance Industry Awards…
Bahrain's Ibdar launches parallel Shari'ah Trade Finance Fund
Bahrain-based wholesale Islamic Investment bank, Ibdar Bank, has announced the launch of the Barak Ibdar Shari’ah Trade Finance Fund, a…