Saudi bank ANB set to sell 2 bln riyal capital-boosting sukuk – sources
Arab National Bank (ANB) is close to completing a 2 billion riyal ($533.3 million) capital-boosting sukuk issue, sources familiar with…
Islamic Finance
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Need to adopt global standards for jurisdictions of Islamic economy -Al Awar
There are already some adopted standards in some Islamic sectors, mainly Islamic finance The adoption of globally accepted standards…
Emirates NDB Plans $300m Venture Into Indonesia's Islamic Banking Sector
Dubai-based bank Emirates NDB has expressed interest in spending $300 million to establish Islamic banks in Indonesia as it seeks…
QIB-UK offers property market insights for investors
London-based QIB-UK, a wholly-owned subsidiary of Qatar Islamic Bank, has offered comprehensive and straightforward finance solutions for QIB private customers…
QINVEST Denies Sale of Panmure Gordon Stake
Qatar Islamic Bank announced in response to an article published in Al – Watan newspaper in Qatar, which quoted a…
Net interest income, lower provisions boost GCC banks' profits
Net earnings of GCC banks increased 8.8 per cent year-on-year to $5.8 billion Dh21.286 billion in Q2 2015, mostly due…
Hussain Al Qemzi Named Islamic Banking CEO of the Year
Hussain Al Qemzi, CEO, Noor Bank, was honoured with the title of ‘Islamic Banking CEO of the Year’ at the…
DIEDC Board Approves Launch of Digital Islamic Economy Portal, Finalises Agenda for GIES 2015
•Al Gergawi: Digital Islamic economy portal will bolster Dubai's position as global knowledge capital for Islamic economy •GIES 2015…
Qatar Islamic Bank wins Islamic Bank of the Year award
Qatar Islamic Bank, Qatar’s leading Islamic Bank, has been recognised as the “Islamic Bank of the Year” by Arabian Business…
Muslim consumers contribute $107bn to global digital economy
The overall value contributed by Muslim consumers worldwide to the global digital economy in 2014 stood at $107bn, representing 5.8%…
Bahrain Bourse Announces the Launch of Bahrain Islamic Index
Bahrain Bourse organized on Monday, 14th September 2015 a ceremony where the launch of Bahrain Islamic Index was announced. …
ADIB appoints Global Head of Transaction Banking
Abu Dhabi Islamic Bank has announced the appointment of Haytham El Maayergi as Global Head of its Transaction Banking Business.…