New global Islamic venture capital fund enters business
Aventure capital fund based on Islamic finance principles, claiming to be the first of its kind globally, is set to…
Islamic Finance
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Ezdan's $500m debut Sukuk a huge hit
Ezdan Holding Group Q.S.C. has priced its inaugural Sukuk transaction in the debt capital markets with a very successful $500m…
The 1st China-UAE Conference on Islamic Banking & Finance’ to tap synergies between Islamic economies of both countries to drive in mutual growth
In line with Dubai 'Capital of Islamic Economy' Initiative, and as the first of its kind endeavor on the Asian…
Ithmaar Bank reports net profit attributable to equity holders of the bank of US$ 1.22 million for the First Quarter of 2016
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported today a net profit of US$4.83 million for the first quarter of…
SHUAA Capital reports net loss
SHUAA Capital today announces its Q1 results with an increase in total revenues to AED 45.5 million and a net…
IRTI Forum to Discuss Leveraging Sukuk for Infrastructure Development
The Islamic Research and Training Institute, a Member of the Islamic Development Bank Group, will hold a forum to discuss…
Emirates Islamic completes $50 million Collateralised Murabahah with Natixis
As the largest collateralised Murabahah transaction closed by Emirates Islamic this year, and the first of its kind executed on…
CBO Official Says Islamic Banking In Oman Faring Much Better Than Some Countries
The progress of Islamic banking in the country came up for discussion at a session attended by top banking officials…
Emirates Islamic Bank Said to Plan Benchmark-Sized Dollar Sukuk
Emirates Islamic Bank PJSC, Dubai’s second-biggest Shariah-compliant lender, has mandated banks including HSBC Holdings Plc for the sale of Islamic…
IDB Group and World Bank Group Produce Global Report on Islamic Finance
The Islamic Development Bank (IDB) Group and the World Bank Group have jointly produced a global report on Islamic finance.…
Global prudential body to fine-tune oversight of Islamic finance
The body governing prudential standards in global Islamic finance plans to tighten oversight of market practices and revise capital adequacy…
Islamic Development Bank to elect new president next week
The Islamic Development Bank will elect a new president next week during its annual meeting to be held in Jakarta,…