Awal Appointed Fund Manager for Investment House Al-Beit Al Mali Fund
Amwal has been appointed Fund Manager for the Al-Beit Al Mali Fund founded by Investment House for investing in listed…
Islamic Finance
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Ibdar announces exit from four Bahrain-based real estate investments for USD21.67 million
Ibdar Bank has announced the successful exit from four Bahrain-based real estate investments for a total value of USD 21.67…
Emirates Islamic net profit up 76 percent in 2015
Emirates Islamic today announced its full-year financial results for 2015 with the bank reporting strong growth for the fourth consecutive…
AAOIFI Launches Project for Shari'ah Standard on GoldIn Cooperation with World Gold Council and Amanie Advisors
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has phased in a new project for the development of…
CIMA Charts Robust Growth Across The GCC In 2015
The Chartered Institute of Management Accountants (CIMA), the world's largest body of Management Accountants, sustained an unparalleled expansion efforts throughout…
Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank: Dubai is leading the revolution in Islamic banking
Since its inception, modern Islamic commercial banking has been intrinsically linked with the UAE. The formation of Dubai Islamic…
Free foreign currency fund transfers with Emirates Islamic
Emirates Islamic , one of the leading Islamic financial institutions in the UAE, today announced the launch of a promotion…
Hamad Buamim, President & CEO of Dubai Chamber of Commerce and Industry: Dubai has everything it needs
Even though the oil sector contributes only 2 percent to Dubai’s GDP, we have been wary about the effect of…
Islamic finance industry reached $2 trillion in 2014
Islamic services and products have seen significant growth over the recent years, said Dr. Abdulrahman Al Hamidy, Director-General and Chairman…
Omantel picks three banks for possible sukuk sale – leads
Oman Telecommunications Co has picked three banks to arrange investor meetings starting Monday ahead of a potential Islamic bond offering,…
International Law Firm advises on debut sukuk for the government of cote d'ivoire
Hogan Lovells has advised the Islamic Corporation for the Development of the Private Sector (ICD), as arranger, on the inaugural…
Noor Bank bags three awards
Noor Bank, one of the UAE’s leading Shari’a compliant banks, has added another set of industry accolades with three awards…