UAE leads GCC’s Islamic economy indicator
The UAE leads the GCC in the Global Islamic Economy Indicator, a numeric measure representing the overall health and growth…
Islamic Finance
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Tunisia hosts key financial forum
General Council for Islamic Banks and Financial Institutions in association with the Union of Arab Banks have launched the ‘Developing…
Noor Bank rolls out exclusive promotion for customers during GITEX Shopper 2016
Noor Bank, a leading Shari’a compliant bank in the UAE, today announced the launch of an exclusive promotion for its…
Islamic banking growth outpaces conventional peers in key markets
The Islamic banking sector continues to outpace growth of conventional banking in key markets, often supported by proactive regulations and…
Gulf countries launch $2.5bn fund to tackle poverty
The Lives and Livelihoods Fund to combat poverty and infectious diseases in the Muslim world was launched in Saudi Arabia…
Bahrain to require external sharia auditors for Islamic banks
Bahrain's central bank has proposed new governance rules that would require Islamic banks in the kingdom to conduct external sharia…
Bahrain’s Diyar Al Muharraq secures $366m Islamic financing
Bahrain-based real estate developer Diyar Al Muharraq said on Wednesday that it had secured $366 million, Dh1.34 billion in Islamic…
Qatar's banking sector shows resilience
The country’s banks accounted for almost half of the QR22bn in net profits generated by the companies listed on the…
Dubai Chamber Partners Up with Top-Tier Institutions in the Run-Up to the Global Islamic Economy Summit 2016
Supported by a host top-tier UAE based institutions as sponsors, Dubai Chamber of Commerce and Industry, Dubai Islamic Economic Development…
Islamic banks in Sultanate post 53% growth in finance
Oman’s Islamic banks and window operations have shown a robust year-on-year growth of 53.09 per cent or OMR744.3 million in…
UNB and Ducab Officials Meet to Review Progress on Islamic Finance Partnership
Senior officials from Union National Bank visited Ducab senior management and facilities to review progress on the AED 350 million…
Simmons & Simmons Wins Asset Management & Funds
International law firm Simmons & Simmons has been recognised for its market leading work in the area of asset management…