Turkey’s Halkbank gives up plans for Islamic unit
Halkbank asked the Banking Regulation and Supervision Agency to cancel its previous application to establish a participation bank, the statement…
Islamic Finance
6034 articles found
Dubai Islamic Bank rolls out innovative Visa payWave technology to offer its cardholders contactless payments
Dubai Islamic Bank, the largest Islamic bank in the UAE, has announced the introduction of the Visa payWave cards. …
Dubai's Shuaa Capital names head of coverage and placement
Shuaa Capital has appointed Ali Salaam as head of coverage and placement, the Dubai-based financial firm said on Monday. …
Tadawul index closes just below technical resistance
Most Gulf stock markets fell in modest trading volumes on Wednesday with the weakness of global equity markets putting a…
Halkbank Drops Plan for Turkish Islamic Lender Amid Market Rout
Turkey’s largest publicly traded state-controlled lender is rescinding its application to set up an Islamic banking unit after a rout…
Dubai must seize opportunity to grow Islamic asset management from US$60bn to US$185bn
High demand for Islamic asset management not being met globally by limited investment offerings GCC pension funds can spur…
Sharia-compliant UAE pension scheme gets backing
A Sharia-compliant UAE pension scheme would be a major boon to the country’s Islamic asset management industry, Islamic finance experts…
Sukuk Issuance as part of existing programme
Qatar Islamic Bank, has mandated Barwa Bank, Citi, HSBC, Noor Bank, QInvest and Standard Chartered Bank as Joint Lead Managers…
QIB’s 9-month profit grows by 24.8 percent to QR1.4bn
Qatar Islamic Bank’s net profit attributable to the shareholders amounted to QR1.4bn for the nine-month period ending September 30, 2015,…
Dubai must seize opportunity to grow Islamic asset management from US$60bn to US$185bn
European Islamic Investment Bank plc, the London-listed asset management and financing group, today published a white paper on how Dubai…
Dubai eyes Africa’s “untapped” Islamic markets
A Dubai Chamber of Commerce and Industry study reveals the presence of large investment opportunities in the untapped sectors of…
Demand for Islamic Finance qualifications increases, reports CISI
The Chartered Institute for Securities & Investment has announced a significant increase in the number of Islamic Finance qualifications taken…