Do Millennials Hold the Key to Islamic Banking?
Mushtak Parker, research consultant at Islamic Finance, discusses innovation in Islamic Finance, the role millennials play in Islamic banking and…
Islamic Finance
6042 articles found
First Energy Bank Appoints new chairman
Bahrain - based First Energy Bank held its Board Meeting on the 9th of May 2016, during which the board…
UAE approves creation of central Islamic finance authority
The UAE’s cabinet has approved the creation of a centralised Shariah authority that will monitor and set standards for Islamic…
Islamic finance's strong position
When first conceptualised in the 1950s and 1960s, it was envisioned that Islamic banks would take the form of a…
Emirates Islamic launches ‘Scan to Pay’ innovation on mobile banking app
Commenting on the new service, Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic said, “Innovation is a key element…
QNB hackers' behind data breach at Sharjah bank
Hackers have leaked files online believed to contain data on thousands of customers of Sharjah-based Investbank UAE. The files…
Kuwait's Boubyan Bank targets $250m sukuk sale
Kuwait's Boubyan Bank is aiming to sell $250 million in capital-boosting sukuk after releasing initial pricing thoughts for the issue,…
$155 million Murabahah for Ziraat Participation Bank
Bank ABC Islamic, Dubai Islamic Bank PJSC, HSBC and Warba Bank were appointed to arrange a one year Syndicated Murabaha…
Dubai: Damac's Q1 2016 net profit slumps 15%
Dubai-based luxury real estate developer Damac Properties reported a drop in its net profits for the first quarter of 2016.…
Lamborghini Financial Services Launches in UAE
Lamborghini Financial Services has launched in the UAE, providing clients with the opportunity to fund their new Lamborghini through the…
UAE cabinet approves creation of central Islamic finance authority
The United Arab Emirates' cabinet has approved the creation of a centralised sharia authority that will monitor and set standards…
Khaleeji Commercial Bank announces excellent financial results
Khaleeji Commercial Bank, one of Bahrain's leading Islamic retail banks, announced excellent financial results for the first quarter of 2016…