NBAD wins Best Sukuk House of the Year
The National Bank of Abu Dhabi has been named “Best Sukuk House of the Year” at the Global Islamic Finance…
Islamic Finance
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VCBank wins ‘Best Islamic Investment Bank’ award
Venture Capital Bank has won the ‘Best Islamic Investment Bank’ award at the recently concluded Global Islamic Finance Awards in…
Global Islamic banking assets to grow at 9.8%, DIEDC says
An era of double-digit expansion in Islamic banking assets is set to end as the low oil price and looming…
Islamic banks’ finances surge 78 per cent in Oman
Oman’s Islamic banks and window operations have shown a robust growth of 78 per cent in financing at OMR1,401.9 million…
National Bank of Fujairah expands presence in Abu Dhabi with new corporate banking office
National Bank of Fujairah PJSC announced the launch of its new corporate banking office in Abu Dhabi, bolstering its physical…
Al Baraka's ratings reaffirmed by top agencies
Bahrain-based Al Baraka Banking Group (ABG) said Dagong Global Credit Rating Company and Islamic International Rating Agency (IIRA) have jointly…
Emirates NDB mulls establishment of Islamic banking unit in RI
Emirates NBD, the Middle East’s largest banking group by assets, is considering establishing a new Islamic banking center in Indonesia,…
ANB set to sell SR2bn capital-boosting sukuk
Arab National Bank (ANB) is close to completing a SR2 billion ($533.3 million) capital-boosting sukuk issue, sources familiar with the…
Al Jazeira Services to sell 37% stake in tiles maker to Omani wealth fund
Al Jazeira Services is selling its 37 per cent stake in Muscat-based Al Anwar Ceramic Tiles for 41 million Omani…
An oasis of best IR practice
Middle East IR Society conference discusses post-reclassification fund flows, the importance of local investors and the opening up of the…
International law firm advises on US$100 million issuance by International Finance Corporation
Clifford Chance has advised on the issuance of US$100 million floating rate, amortising trust certificates due 2020 (the Issuance) issued…
Leading developer of high-end and luxury residential property issues USD 100 million 'SUKUK'
DAMAC Real Estate Development, a leading developer of high-end and luxury residential property in the Middle East, announced has the…