Emaar Said to Pick Banks Including Standard Chartered for Sukuk
Emaar Properties PJSC, the developer of the world’s tallest skyscraper in Dubai, has mandated 10 banks including Standard Chartered Plc…
Islamic Finance
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Iraq Islamic banks see opportunity for expansion
Despite all the instability and continued sectarian violence in parts of Iraq, the country’s few Shariah-compliant lenders see chances to…
Saudi Arabia's Bank Al Bilad prices 2 bln riyal sukuk issue
Saudi Arabia's Bank Al Bilad priced an Islamic bond issue worth 2 billion riyals ($533 million) at 200 basis points…
Thomson Reuters Lipper announces MENA Markets and Global Islamic Fund Awards 2016 winners
Thomson Reuters Lipper today announces the winners of the Middle East and North Africa Markets and Global Islamic Fund Awards…
Sharjahcharges onwithoutCitifor sukukdeal
The first mandate was sent out on Wednesday morning naming Citi as a joint lead manager alongside Bank ABC, Dubai…
Ithmaar Bank to close Qatar rep office
In a statement to Bahrain Bourse, Ithmaar Bank has revealed plans to shut its representative office in Doha, Qatar. …
Al Hilal Bank reinforces its leadership team
Al Hilal Bank announced today key senior appointment at the leadership team level, to further drive the Bank's success and…
Bahrain Islamic Bank plans $218m sale of non-core assets
Bahrain Islamic Bank BSC is seeking to sell about 82 million dinars (Dh799 million, $218 million) of unproductive assets such…
Sharjah Islamic Bank plans benchmark dollar sukuk issue
Sharjah Islamic Bank will begin investor meetings on Aug. 29 for a potential benchmark U.S. dollar-denominated sukuk issue, the lender…
WIBC set to strengthen ethical Islamic finance
In strategic partnership with the Central Bank of Bahrain, World Islamic Banking Conference 2016 is set to gather over 1,300…
QSE inches near 11,200 mark on across-the-board buying
The Qatar Stock Exchange on Wednesday gained 70 points to inch near the 11,200 mark on an across-the-board buying, albeit…
HRH Crown Prince receives CBB Governor, Board members
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister,…