Kuwait Finance House says to set up Islamic Turkish funds firm
Kuwait Finance House, the country's biggest Islamic lender, will set up a sharia-compliant asset management unit under its Turkish bank…
Islamic Finance
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Qatar Islamic Bank seeks nod to raise sukuk programme to $3b
Qatar Islamic Bank, the Gulf state’s largest Sharia-compliant lender by assets, said on Monday it was seeking shareholder approval to…
Meethaq launches Cloud internet banking service
With a convenient on-the-go access to the bank, Meethaq customers can access the internet banking channel to enquire, transact and…
International law firms new Islamic finance specialist
Watson Farley & Williams (WFW) has expanded its finance group with the hire of banking and finance partner Neale Downes…
Iran set to reshape global Islamic finance industry
Now that most economic sanctions on Iran have been lifted, the international Islamic finance industry needs to brace itself for…
RAKBANK reports net profit of AED 1.4 billion for 2015
RAKBANK Group has announced AED 1,405.3 million in Net Profit for the year ended 31 December 2015, a marginal decrease…
Regulator wants orders blocking Dubai Bank liquidation lifted
Dubai Bank had been put under receivership over liquidity and capital deficiencies, but the High Court ruled that the process…
UAE Insurance Authority issues licence to Guardian Wealth Mgt
Guardian Wealth Management already has a licence with the Emirates Securities & Commodities Authority but can now access the international…
Al-Nahedh: KFH's Policy Focuses on Increasing Sustainable Profitability, Core Banking Business
KFH 's policy focuses on increasing sustainable profitability and the core banking business. This has been translated in the…
Bahrain's Al Baraka Islamic Bank eyes France, Indonesia for expansion
Bahrain's Al Baraka Islamic Bank plans to open a sharia-compliant bank in France next year as the lender seeks to…
Qatar Development Bank signs MoU with Islamic Corporation
Qatar Development Bank has signed a Memorandum of Understanding with The Islamic Corporation for the Development of the Private Sector…
Islamic investors benefits from wider use of integrated reporting, better governance requirements
Islamic finance is complementary to and a major enabler of making responsible investing more ubiquitous across emerging markets - and…