First MENA Green Finance option from Emirates Islamic
With an aim to provide customers with affordable access to green products, Dubai Green Economy Partnership has signed an agreement…
Islamic Finance
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Bahrain Islamic Bank realizes BD 4.3 Million net profit in 9 months
In a Press Release issued yesterday Sunday 6th November 2016 Bahrain Islamic Bank announced that it has realized BD4.3 million…
Growth in Islamic finance industry necessitates regulation advancement
The rapid growth in the Islamic finance industry has fueled the development and advancement in the regulations, and the Central…
Standard Chartered Saadiq gears up to tap new growth markets
Standard Chartered Saadiq, the Islamic banking business of Standard Chartered has plans to expand its Sharah-compliant products and services offerings…
Bahrain's Ibdar inks $29.5m deal for UK student homes project
Bahrain-based Ibdar Bank has announced the closing of a $29.5 million joint venture deal to develop a prime purpose-built student…
Warba Bank gets central bank approval for $250 million sukuk
Warba Bank has received approval from the central bank of Kuwait to issue up to $250 million (Dh918 million) of…
Turkey boosts efforts to become the next big player in Islamic finance
As part of Turkish President Recep Tayyip Erdogan’s concept of strengthening the religious pillars in society, Turkey embarked on a…
CMA Organizes a Conference for Development of Sukuk Market in Collaboration With World Bank
In collaboration with the World Bank, the Capital Market Authority will organize a conference dedicated to Sukuk markets (Islamic Bonds)…
Sharjah Islamic Bank rings bell to celebrate listing of $500 million Sukuk on Nasdaq Dubai
“Our listing in the region’s international exchange supports our visibility among global and regional investors as well as providing first…
UAE’s potential to become global sukuk leader
When Dubai set an ambitious target in 2013 to become the hub of global Islamic economy little did the industry…
Turkey aims to triple market share of Islamic finance
Turkey is committed to tripling the market share of Islamic finance, bringing it up to 15 percent by 2023, Deputy…
Al Hilal Bank appoints CFO
Abu Dhabi government owned Al Hilal Bank said on Sunday it had appointed Craig Bell as chief financial officer. …