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…
Islamic Finance
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HRH Premier receives KFH board chairman
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received the Chairman of the Board of Directors of…
Bahrain approaches banks about sukuk sale in Q1 2017
The kingdom of Bahrain is in talks with lenders for an Islamic bond, or sukuk, which is expected to be…
Ahli United Bank selected as second safest Islamic bank in Kuwait in 2016
Ahli United Bank Kuwait has been selected as the “Second Safest Islamic Bank in Kuwait 2016”, and the fourth across…
Noor Bank closes $231.5 million Islamic loan for UAE's Ajman Bank
Noor Bank has closed the syndication of an 850 million dirham ($231.5 million) Islamic loan for United Arab Emirates-based Islamic…
WIBC brings back Leaderboard for Islamic banking
After a very successful introduction of the first of its kind assessment tool for Islamic banks last year, the World…
Bahrain's World Islamic Banking Conference 2016 announces 2nd series of Leaderboard for Global Islamic Banking
After a very successful introduction of the first of its kind assessment tool for Islamic banks in 2015, WIBC 2016…
UAE's ADIB bank and Thomson Reuters announce winners of ethical finance innovation and challenge awards
-Dr Zeti Akhtar Aziz selected for pivotal role in developing the global Islamic banking industry - World's leading crowdfunding…
Etihad Airways could raise $1b in sukuk debut
Etihad Airways plans to issue a debut U.S. dollar denominated benchmark sukuk and will meet investors over the coming days…
QFB 'can serve' as a bridge between Qatar and Turkey to strengthen investment flows
Qatar First Bank, which has invested in Turkey's healthcare and retail sectors to generate about 300mn in revenues, can serve…
Ithmaar Bank logs $16.73m net profit in first 9 months
Ithmaar Bank, a Bahrain based Islamic retail bank, reported a net profit of $16.73 million for the nine month period…
IRCIEF: An important step toward Istanbul becoming world's Islamic finance and banking capital
Islamic Economics and Finance, to which Turkey holds a natural, historical and cultural bond, have always reeled from a lack…