Ithmaar Bank announces results, reports continued growth
Ithmaar Bank has announced a total net profit of US$11.4 million for the nine-month period ended 30 September 2015, compared…
Islamic Finance
6034 articles found
Dubai Chamber workshop demystifies technical aspects of Islamic finance transactions
Dubai Chamber of Commerce and Industry in association with Allen & Overy LLP law firm organised a workshop entitled “Structuring…
Lack of instruments a challenge for GCC Islamic banking industry: IMF
The inadequate availability of Sharia'a-compliant financial instruments is a challenge for the GCC Islamic banking industry, leading to excess liquidity…
Kuwait financial regulator opens door for more sukuk issues
Kuwait's financial regulator has released rules covering issuance of Islamic bonds in a move that could facilitate sales of sukuk…
World Islamic Banking Conference to chart future of commodities, currencies and asset classes in 201
For 22 years, WIBC has provided the most influential global and regional insights to help C-level executives shape their business…
Meethaq Initiative Highlights Role of Islamic Finance in Development
Meethaq, the Islamic banking services provider from Bank Muscat, has launched a new initiative – Shua’a. The announcement was…
In Kuwait, IMF's Lagarde touts power of Islamic finance
The head of the International Monetary Fund says Islamic finance offers the possibility of extending banking services to many who…
Kuwait has potentials to become hub of Islamic finance expert
Tthere is currently a tremendous opportunity for Kuwait to profile itself as a hub for Islamic finance and Islamic banking,…
Abu Dhabi Wealth Fund Closes London Office
One of the world’s most powerful sovereign wealth funds is bucking the trend towards global expansion among its peers by…
Diyar Al Muharraq signs $32 million Islamic financing agreement with Al Salam Bank-Bahrain
The signing ceremony took place at Dragon Mall in Dragon City at the Diyar Al Muharraq site. The agreement was…
Finance House posts $168m net profit
Finance House has registered a net-profit of Dh64.7 million $168.8 million for the nine months ended September 30, compared to…
KFH CEO speaks on importance of Islamic finance and its role in development
KFH CEO, Mazin Al-Nahedh, will participate in a discussion panel where he will speak about Islamic vs. conventional banks in…