Bahrain's GFH sells remaining 18 pct of Leeds United
A Dubai-based subsidiary of Islamic investment bank GFH Financial Group has sold its remaining 18 percent stake in English football…
Islamic Finance
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Indonesia takes aim at sukuk shortage with 10-year plan
Indonesia is taking aim at one of the biggest weaknesses of the global Islamic finance industry – the lack of…
GCC Islamic banking system outpaces conventional banks
Islamic banks in GCC countries have become systemically important and continue to increase their market penetration, outpacing conventional banks, Moody’s…
Finally, India opens up to Islamic finance
After a long and politically motivated period of resistance against the introduction of an Islamic finance regulation framework in India,…
Islamic Banking Lends Advantage to Financial Institutions
Switching from conventional ‘Western’ financial practices to Islamic banking gives distinct advantages to banks, with the change improving the liquidity…
Shurooq chief wins CEO of the year award
Sharjah Investment and Development Authority has announced that its CEO Marwan Jassim Al Sarkal has received the ‘Middle East CEO…
Boubyan Bank reports 18% growth rate in 2016
Kuwait's Boubyan Bank recently reported a net profit of $62.7 million with a growth rate of 18 percent during the…
Sharjah Islamic Bank and Emirates Islamic list Sukuk on Nasdaq Dubai
The listings raised the total value of Sukuk listed in Dubai to $44.8 billion, reinforcing the emirate’s stature as the…
Moody's: Strong Islamic retail franchise drives profitability for Saudi Arabia's Al Rajhi Bank
"Al Rahji's retail focus delivers solid margins and asset quality, which, together with its granular funding profile, drives consistently strong…
Islamic finance gets strong growth momentum in Russia
Russia, the latest entrant into the Islamic finance sector, continues to open new avenues to finance its banks and to…
Saudi Arabia-based asset manager with responsible investment approach to Islamic finance joins RFI Foundation
RFI Foundation is pleased to announce the membership of SEDCO Capital as an industry member. SEDCO brings a strong commitment…
Six finalists chosen for ADIB and Thomson Reuters' Ethical Finance Awards
The 2016 Ethical Finance Innovation Challenge & Awards, an Abu Dhabi Islamic Bank and Thomson Reuters' initiative, has chosen six…