Islamic Finance

Islamic Finance

Shariyah Review Bureau joins AAOIFI to sponsor the 25th Anniversary Conference

May 5, 2016

Shariyah Review Bureau (SRB), a worldwide Sharia Advisory services provider of specialized Sharia Review, Certifications and Sharia Audit, today announced…

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Hedge Funds & Alternative Investments

Islamic finance’s entry into gold market could send price soaring

May 4, 2016

On the outlook for new investment opportunities, the rapidly growing Islamic finance industry has set sight on the gold market…

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Islamic Finance

Qatar's Ezdan mandates banks for planned $2 bln sukuk

May 4, 2016

Qatar's Ezdan Holding has mandated HSBC and Dubai-based Mashreq as joint global coordinators for its planned $2 billion sukuk programme,…

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Islamic Finance

UAE Looks Forward To ‘New Horizons’ Of Relations With Qatar

May 4, 2016

The UAE and Qatar can look forward to “new horizons” of cooperation, Sheikh Abdullah bin Zayed, Minister of Foreign Affairs…

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FinTech

ADS Securities Launches First Ever Arabic Trading App

May 3, 2016

ADS Securities, the Abu Dhabi based international financial services firm, has launched the first ever multi-asset smartphone trading application with…

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Executive Moves

Turkey central bank promotes head of markets to deputy governor -sources

May 2, 2016

Turkey's central bank will promote the head of its markets division to the position of deputy governor, officials told Reuters…

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Financial Results

Jordan Islamic Bank posts profits after tax of US$ 16.5m

May 2, 2016

Jordan Islamic Bank, a subsidiary of Al Baraka Banking Group, posted a profit after tax of about US$ 16.5 million…

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Islamic Finance

Boubyan Bank obtains approval for up to $250 m sukuk issuance

May 2, 2016

Boubyan Bank announced that it has completed all the regulatory approvals to issue and market sukuk to strengthen its capital…

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Financial Results

Bank of Sharjah net profits down 5%

May 2, 2016

Bank of Sharjah on Saturday announced that net profits had fallen 5 per cent for the first quarter of 2016…

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Islamic Finance

DIB launches UAE Sharia Departments Forum 2016

May 2, 2016

Dubai Islamic Bank has launched the first UAE Sharia Departments Forum 2016 to create a platform where the Sharia departments…

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Financial Results

Finance House Nets AED 25.5 Million in Q1 2016

April 29, 2016

Finance House PJSC has registered a robust consolidated net-profit of AED 25.54 million in Q1 2016, compared to AED 25.53…

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Financial Results

CBI Reports AED 36.5 Million net Profit Q1 in 2016

April 29, 2016

In Q1 2016 CBI reported a net profit of AED 36.5 million supported by growth in Wholesale Bank lending and…

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