Nasdaq New York congratulates Noor Bank on its Tier 1 Sukuk Issuance
The Sukuk is Noor Bank’s debut perpetual Tier 1 capital issuance and is the first perpetual Tier 1 issuance from…
Islamic Finance
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Politics of Islamic finance in Turkey
FOR over three decades successive Turkish governments did not dare speak its name for fear of being branded radical or…
Oman's Islamic banking assets up 64 per cent in 2015
The CBO Annual Report 2015 reflects the overall assessment of Oman’s macroeconomic developments during 2015 and analyses major sectors of…
Alizz Islamic Bank's Ramadan Auto Finance Offer Well Received
Alizz islamic bank’s Ramadan Auto Finance offer has seen great interest from the public in order to own their dream…
New Islamic bank to set up shop in West Bank, Gaza
The market share of Islamic banks in Palestine is remarkably low, no more than 11% in 2015. There are only…
Islami Bank: Bangladesh's Most-Watched Bankers
Around 5 p.m. on a June weekday, men in tunics and loose pants, the traditional outfit in Bengali Asia, kneel…
Paladion partners with Noor Bank for ISO certifications
Paladion, a specialized information risk-management provider, announced that the company has partnered Noor Bank, A leading Shariah-compliant bank in…
Saudi Arabia Contemplates Largest Sovereign Wealth Fund
While Saudi Arabia continues its dominance over world oil pricing, the nation's 30-year old Crown Prince Mohammed Bin Salman, is…
Bank of Khartoum International live on Path Solutions’ iMAL core system
Bank of Khartoum has opened its first international branch, underpinned by Path Solutions’ iMAL core banking system. The branch is…
Oman sells $500m six-year sukuk
Oman's government has sold a $500 million six-year sukuk in a private placement, a document from the lead manager showed…
Islamic finance expanding its footprint in Oman
Recent regulations on sukuk are helping drive growth in Oman's Islamic banking sector, with sharia-compliant lenders gaining ground, according to…
Islamic banking market in Turkey to get major boost
Recent government initiatives will spur momentum for Turkey’s fast-growing Islamic banking market, credit rating agency Standard & Poors has said.…