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…
Islamic Finance
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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.…
NBAD Sukkuk Fund earns annualised yield of 5.2 per cent
“Sukuk in the GCC and further afield have traded well in recent months in line with rising oil prices, following…
New lenders to add momentum to Turkey's Islamic banking, says S&P
"Turkish authorities have now made tangible steps to support the growth of Islamic finance in the country," said S&P Global…
Unique Features of Islamic Finance
Islamic Financial Concepts are thriving in the modern age with the fastest growing rate among the capital markets. It…
CBB Sukuk Al-Salam securities sees slight decrease in return
The monthly issue of the Sukuk Al-Salam Islamic securities was released by the Central Bank of Bahrain. Reports show…