Saudi's Bank Al Jazira prices 2 bln riyal capital-boosting sukuk
Saudi Arabia's Bank Al Jazira has priced a 2 billion riyal ($533 million) sukuk issue that will boost the lender's…
Islamic Finance
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Noor Bank successfully issues US$500 million Tier 1 capital Sukuk
Noor Bank has successfully priced its debut perpetual US$ 500 million Tier 1 capital issuance. In the midst of multiple…
UAE- Shurooq promotes Sharjah's investment potential in Berlin
Promoting Sharjah's array of investment opportunities to Germany's business community was the basis of a recent visit to Berlin which…
Ibdar reports $14.5 million loss for 2015
During the meeting, shareholders of the Bank were briefed on its 2015 results and its strategy and initiatives for 2016.…
Sharjah Islamic Bank repays $400m sukuk
Sharjah Islamic Bank (SIB), a Sharia-compliant commercial bank in the UAE, has successfully repaid a $400 million (Dh1.46 billion) sukuk.…
Islamic assets proving to be the perfect alternative investment avenue
Asset management, one of the main pillars of the fast growing $2 trillion (Dh7.34 trillion) Islamic finance industry, is gaining…
Takaful insurance in Oman grows by 64 per cent: CMA
Islamic insurance, which is popularly known as takaful insurance, is gaining popularity in Oman with the players achieving a robust…
First China-UAE Conference on Islamic Banking & Finance concludes with positive outlook for future of Islamic Economy
The 1st China-UAE Conference on Islamic Banking & Finance held under the theme ‘Islamic Banking and Finance: Perspectives, Challenges and…
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…
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?…