Islamic Finance

Hedge Funds & Alternative Investments

Clifford Chance advises on Kuveyt Türk's first issuance of Basel III compliant Tier 2 sukuk2

February 22, 2016

Clifford Chance Dubai, together with its associate firm, Yegin Çiftçi Attorney Partnership Istanbul, recently advised the joint lead managers on…

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Financial Results

Al Baraka Banking Group Net Profits Raise by 4%

February 22, 2016

The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its total operating income reached…

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Financial Results

Bahrain Islamic Bank realizes BD 11.2 million net profit for 2015

February 22, 2016

BisB announced that it has achieved positive financial results which reflect on the continuous improvement on the Bank's position.  …

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Islamic Finance

Iran's Bank Mellat to pursue damages against Britain after winning EU ruling

February 19, 2016

Iran's Bank Mellat will pursue damages against Britain after the European Union's top court on Thursday effectively ruled that the…

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Comment & Analysis

Qatar's First Bank CEO Ziad Makkawi

February 19, 2016

Dust was still billowing from the ashes of a multitude of financial institutions hit by the 2008-09 global crash when…

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Islamic Finance

Malta Stock Exchange adds Sharia equity index

February 18, 2016

The Malta Stock Exchange (MSE) has launched the MSE Sharia Equity Index, which has been certified as compliant with Islamic…

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Insurance

Turkey and UK have 'huge potential' around Islamic finance, British ambassador says

February 18, 2016

Britain's ambassador to Turkey has praised the economic ties between his country and Ankara, saying the U.K. "has a lot…

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Financial Results

First Gulf Bank registers its 16th straight year of growth in net profits

February 18, 2016

First Gulf Bank , one of the leading banks in the United Arab Emirates, registered significant growth in 2015 by…

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Islamic Finance

Islamic Finance Set Sights on Standard for Gold-Based Products

February 17, 2016

A top guideline-setting body for Islamic finance is developing a standard for gold-based products in the industry, a move that…

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Comment & Analysis

Zeti Akhtar Aziz: Building a sound global Islamic financial system

February 17, 2016

It is my pleasure to welcome you to this Industry Engagement Session organised by the IFSB.   Since its introduction…

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Comment & Analysis

Dubai Chamber launches report on Gulf-CIS ties as part of first CIS Global Business Forum in Dubai

February 17, 2016

Dubai Chamber in cooperation with Economist Intelligence Unit launched a report titled, ‘A Common Wealth: Building Gulf-CIS ties’ which showcases…

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Financial Results

Faisal Islamic Bank's volume of business surges 7.4% in January

February 16, 2016

Faisal Islamic Bank of Egypt's volume of business has increased by 7.4 percent to register EGP 56.141 billion(US$7billion) at the…

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