Sovereign Wealth Funds Uplift Muslim World with Fajr Capital
Iqbal Khan has a mission. Raised Muslim in Aligarh, India, his faith wasn’t shaken at age 5 when tensions with…
Islamic Finance
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Dubai Islamic Bank Plans $861 Million Share Issue for Expansion
Dubai Islamic Bank PJSC, the United Arab Emirates biggest bank complying with Muslim banking rules, said it plans to raise…
Kuwait's Boubyan Bank gets nod to issue Tier 1 sukuk
Kuwait's Boubyan Bank has received regulatory approval to market and issue sukuk, expected to be $250 million in size, to…
NBF operating profit increases 18.5 per cent for Q1 2016
National Bank of Fujairah PJSC has announced its results for the three month period ended 31 March 2016. Operating…
Islamic Corporation for the Development of the Private Sector rings market bell to celebrate listing of USD 300 million Sukuk on Nasdaq Dubai
Khaled Al Aboodi, Chief Executive Officer of Islamic Corporation for the Development of the Private Sector, today rang the market-opening…
Dubai Islamic Bank says group interested in Jordan's MESC
Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, said on Tuesday it had received a letter…
Emirates Islamic launches social banking
Emirates Islamic has become the first Islamic bank in the UAE to offer banking services on a social media platform.…
Dubai Sukuk listings top $42bn
The value of Sukuk listings in Dubai has topped $42.61bn following the ringing of the bell by Islamic Corporation for…
Dubai Islamic Bank Q1 net attributable profit rises 7.2 pct
Dubai Islamic Bank the United Arab Emirates' largest sharia-compliant lender, posted a 7.2 percent increase in first-quarter net profit on…
Dubai Islamic Bank plans Dh3.6bn share issue for expansion
Dubai Islamic Bank, the UAE’s biggest bank complying with Muslim banking rules, said it plans to raise Dh3.6 billion from…
Saudi Aramco says approves funding initiatives including sukuk programme
Saudi Aramco's board has approved a number of funding initiatives including the creation of a sukuk programme, its weekly magazine…
KFH Holds Seminar on "Practical Applications of Sukuk in the Financial Markets" at AUK
Mohammad Al-Duwailah lecturing at the AUK Kuwait: Kuwait Finance House (KFH) held a seminar on "Practical Applications of Sukuk…