Bahrain's Al Baraka Banking Group Q3 profit rises 4 pct
Al Baraka Banking Group , the Bahraini Islamic lender with operations in more than a dozen countries, posted a 4…
Islamic Finance
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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…
UAE’s Islamic banks buck regional trend in third quarter
Results of leading institutions point to resilience in a tough operating environment Islamic banks across the GCC have been…
QInvest report revenue up 37 per cent for Q3 2015
QInvest has reported its results for the third quarter of 2015. The Bank generated another quarter of robust performance…
CBI launches Islamic banking window
Commercial Bank International (CBI), a Dubai-based conventional lender, has launched its Islamic Banking window — Al Islami— which offers a…
Abu Dhabi Islamic bank repays sukuk without refinancing
Abu Dhabi Islamic Bank repaid its maturing five-year, $750 million sukuk this week from its own sources without refinancing it,…
Meezan Bank acquires operations of HSBC Oman
Meezan Bank has acquired HSBC Oman SAOG Pakistan. The entire operations of HSBC Oman Pakistan are being converted into…
Registration Opens For The Women In Financial And Banking Sector Conference
The Central Bank of Bahrain (CBB) has announced today the opening of registration for the Women in Financial and Banking…
Clifford Chance advises on US$500 million issuance by Majid Al Futtaim
Clifford Chance has advised on the issuance of US$500 million 4.5% trust certificates due 2025 by MAF Sukuk Ltd. and…
QFC eyeing more firms that can add value to Qatar’s economy
The Qatar Financial Centre is eyeing more financial and professional services firms, including Islamic finance firms from Asia and South…
Khaleeji Commercial Bank announces increase in net profits
Khaleeji Commercial Bank, a leading Islamic bank in the Kingdom of Bahrain, today announced its financial results with net profits…
Islamic Bank May Support Green Sukuk for Renewables Projects
The Islamic Development Bank indicated that it may issue green sukuk bonds compliant with religious law and increase lending for…