IIRA assigns fiduciary ratings to AlBaraka Bank Lebanon
ABBL was incorporated in 1992 as the first Islamic bank operating in the Republic of Lebanon and is as yet…
Islamic Finance
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Dubai Islamic Bank aims to open in Kenya before year-end -sources
Dubai Islamic Bank plans to be operating in Kenya before the end of 2016, despite the Kenyan authorities' moratorium on…
ADIB collects Banker Middle East Awards for SME Services
Abu Dhabi Islamic Bank has been recognised by the Banker Middle East for having the “Best SME Internet Banking Service”,…
Qatar Islamic Bank exec becomes Stormbridge International partner
Qatar Islamic Bank (U.K.) CEO Bert de Ruiter has been named partner of the London-based advisory and executive search firm…
Ezdan Holding gets nod for $2bn sukuk
Qatar's Ezdan Holding said on Tuesday it received shareholder approval to raise $2 billion through the issuance of sukuk. …
Dubai, Chinese firms to launch Islamic fund to invest in China
Shariah-compliant firm Mawarid Finance and Fullgoal Asset Management from Hong Kong will launch an Islamic fund later this year in…
World Takaful Conference forges vision for Takaful market in 2020
The second and final day of the 11th annual World Takaful Conference (WTC) built on yesterday’s highly impactful critical discussions…
Mawarid Finance and Fullgoal Asset Management Announce Islamic Sharia Compliant Investment Opportunities in China
In a forum organized in partnership with Mawarid Finance at The Ritz Carlton Hotel, Dubai International Financial Center on Sunday…
GCC financial regulators encouraged to promote use of sukuk to fund infrastructure
The value of sukuk being issued in the GCC has been falling, but there is still opportunity in the market,…
UAE demand for Islamic syndicated loans on the rise
Demand for Islamic syndicated loans is on the rise in the UAE as Sharia-compliant debt instruments become more mainstream, says…
Dubai Group mulling Shuaa Capital stake sale – report
Dubai Group, a subsidiary of Dubai Holding, is considering the sale of its 49 percent stake in Shuaa Capital, according…
Islamic insurance sector holds untapped potential: report
The takaful — Islamic insurance — sector has seen double digit growth, but remains underdeveloped compared to the Islamic finance…