Islamic Finance

Islamic Finance

Noor Bank Signs Financing Agreement with Mohamed Bin Rashid Fund for supporting SMEs

January 10, 2016

Noor Trade, a division of Noor Bank providing Shari'a-compliant products and services to small and medium enterprises, has signed an…

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Executive Moves

Edbiz Consulting appoints new CEO

January 8, 2016

Edbiz Consulting announces today the appointment of its new CEO. Sofiza Azmi takes over from Humayon Dar as the new…

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Comment & Analysis

S&P says new sukuk issuances to decline this year

January 7, 2016

The rating agency Standard & Poor’s is forecasting a drop of up to 20 per cent in sukuk issuances this…

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Islamic Finance

KFH's Role in CSR Targets Consolidating Sustainable Development

January 4, 2016

Kuwait Finance House demonstrated the fundamentals of its corporate social responsibility and the ongoing contributions in this important field, affirming…

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Insurance

Tadawul ‘occupies advanced position in emerging markets’

January 4, 2016

The Saudi stock exchange Tadawul plans to issue part of the shares in trading for public subscription in 2018 after…

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Awards and Recognition

Sharjah Islamic Bank wins award for internal auditing practices

January 4, 2016

The fifth Chief Audit Executive Conference recently honored Sharjah Islamic Bank (SIB) for its internal auditing practices.    SIB was…

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Executive Moves

TDM appoints group CEO

January 4, 2016

Mid-sized plantation player TDM Bhd ( Valuation: 1.40, Fundamental: 0.65) has appointed Kamarul Bahrein Kamarulzaman as its new group chief…

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Fraud & Ethics

HSBC snaps ties with Islamic Relief over 'terror' fears

January 4, 2016

HSBC has snapped banking ties with UK's largest government-funded Muslim charity, Islamic Relief, over alleged fears of terror funding.  …

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Islamic Finance

Turkey: Islamic lender fined $5.14 mln for unpaid tax

December 31, 2015

Islamic lender Bank Asya has been fined 15 million Turkish lira ($5.14 million) for unpaid taxes with additional fines, according…

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Comment & Analysis

Islamic banking assets up 16% in 2015 Qatar among key markets Join our daily free Newsletter

December 31, 2015

Islamic retail and commercial banking assets continued to grow at 16% in 2015, at the same rate they did in…

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Executive Moves

BISB appoints a new Head Of Strategic Planning & Transformation

December 30, 2015

Mrs. Maisa J. Shunnar is a qualified, trained and seasoned professional. With over 17 years of rich and insightful experience,…

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Islamic Finance

IDB approves more than US$ 466 million for new development projects

December 30, 2015

The Board of Executive Directors of the Islamic Development Bank approved financing for several major new and also ongoing projects…

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