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. …
Islamic Finance
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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…
Dubai can benefit from Sharia standard for gold
As the international market development organisation for the gold industry, we are committed to ensuring consumers and institutions can benefit…
Dubai Group Said to Appoint Emirates NBD for Shuaa Stake Sale
Dubai Group LLC, an investment company owned by the sheikhdom’s ruler, hired Emirates NBD PJSC to help find a buyer…
GCC regulators urged to develop sukuk infrastructure
Regulators of financial markets in the Gulf Cooperation Council are urged to develop the infrastructure and regulatory framework in order…
Bank Nizwa boosts information security with new internationally accredited iso certification
Underlining its commitment to information security, Bank Nizwa recently received the ISO 27001:2013 certificate following a rigorous auditing process of…