Turkey could become interest-free financial hub, Al Baraka Banking CEO says
Adnan Ahmed Yousif, the head of Al Baraka Banking Group, one of the foremost experts in retail, corporate and investment…
Islamic Finance
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Emirates Islamic supports Sharjah Leadership Program
Emirates Islamic has announced that it has signed an agreement with Sharjah Tatweer Forum under which it will support the…
Open the door to Islamic home finance
Discussions have been rife in the past whether Islamic home financing is “better” than a conventional mortgage to buy property. …
BNP Joins Schroder Taking Indonesia's Islamic Stock Funds Global
BNP Paribas SA, Manulife Asset Management and Schroder Investment Management Ltd. have set up global Islamic stock funds in Indonesia,…
BisB reports $29m net profit, up 20pc
Bahrain Islamic Bank has reported a net profit of Dh11.2 million $29.7 million for last year, compared to BD9.3 million…
Ithmaar Bank becomes the first bank in Bahrain to get Twitter verification
Ithmaar Bank , a Bahrain-based Islamic retail bank, announced today ed note 20/02/16 that it is the first bank in…
Dubai urged to develop debt market for global Islamic economy hub ambitions
Dubai, through product innovation, and undertaking infrastructure enhancements to support primary market issuance and secondary trading, could develop its debt…
Turkey opens second state-owned Islamic bank
Recent development In an effort to increase the market penetration of Islamic financial services and to ensure a competitive…
Clifford Chance advises on Kuveyt Türk's first issuance of Basel III compliant Tier 2 sukuk2
Clifford Chance Dubai, together with its associate firm, Yegin Çiftçi Attorney Partnership Istanbul, recently advised the joint lead managers on…
Al Baraka Banking Group Net Profits Raise by 4%
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its total operating income reached…
Bahrain Islamic Bank realizes BD 11.2 million net profit for 2015
BisB announced that it has achieved positive financial results which reflect on the continuous improvement on the Bank's position. …
Iran's Bank Mellat to pursue damages against Britain after winning EU ruling
Iran's Bank Mellat will pursue damages against Britain after the European Union's top court on Thursday effectively ruled that the…