Ibdar Bank board convenes, appoints chairman
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, recently concluded its Annual General Meeting (AGM) for the fiscal year…
Islamic Finance
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Iraq gets initial accord for $3 billion Islamic Development Bank loans
The Islamic Development Bank has given its initial agreement to provide $3 billion in easy loans and grants to Iraq,…
Qatar raises US$9b in Middle East’s biggest bond sale
Qatar sold US$9 billion (RM36.83 billion) of Eurobonds, marking the biggest-ever bond issue from the Middle East where governments are…
UAE: key to GCC’s wealth
How would you describe the development of the wealth management and investment landscape in the UAE and the GCC region?…
OAB’s Al Yusr Islamic Banking inaugurates branch in Azaiba
Al Yusr Islamic Banking, the Sharia’a-compliant window of Oman Arab Bank, has added another convenient location to its growing network…
ITFC inks financing deals with 5 member countries
The International Islamic Trade Finance Corporation, a member of the Islamic Development Bank Group, signed agreements with five countries —…
Let's maintain the growth of Turkey together
The G7 nations currently account for around 50 percent of the world's total economic output. By 2050 this will drop…
Bank Nizwa named 'Best Online Islamic Services' provider at Arab Banks Awards of Excellence 2016
With its proven track record in offering a multitude of Shari'a-compliant digital solutions, Bank Nizwa won the Best Online Islamic…
Meysan Partners advises on the first international issuance of Tier 1 sukuk in Kuwait
Meysan Partners, the Kuwait based corporate law firm, advised on the Boubyan Bank international issuance of the USD 250.000.000 Tier…
Al-Tamimi & Company closes $250m sukuk transaction for Boubyan Bank
Al-Tamimi & Company, the largest law firm in the Middle East, acted as legal counsel for Boubyan Bank KSCP, a…
Emirates Islamic closes US$ 750 million Sukuk issuance
Emirates Islamic has announced that it had successfully closed the issuance of a US$ 750 million 5-year Sukuk from its…
Saudi Arabia to join Turkey, Indonesia to found Islamic finance infrastructure bank
Saudi Arabia has joined Turkey , Indonesia and the Jeddahbased Islamic Development Bank as a prospective founder member of a…