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…
Islamic Finance
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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.…
International law firm strengthens finance team
Morgan Lewis has strengthened its international finance capabilities with the addition ofTarek El-Assra as a partner in Dubai. With…
Indonesia celebrates listing of largest sovereign Sukuk issuance
The listing of AED 22 billion of Sukuk by the largest Muslim country is a milestone in Dubai's drive to…
DSOA and Thomson Reuters reveal findings of Digital Islamic Economy Report 2015
Dubai Silicon Oasis Authority and Thomson Reuters, with support from the Dubai Islamic Economy Development Centre today released the ‘Digital…
Dubai sovereign wealth fund seeks $500m loan to expand Atlantis hote
Investment Corp of Dubai the emirate’s sovereign wealth fund, is reportedly raising a $500 million loan to finance the expansion…
Borsa Istanbul chair says all stocks exchanges should be run in Islamic way
The chairman of Turkey’s main stock exchange, Borsa Istanbul, said the term “Islamic finance” should be changed to “Finance of…
World Bank's IFC sets final spread for $100 mln 5-yr sukuk – leads
International Finance Corp , a unit of the World Bank, has set final spread for its $100 million sukuk, which…
Finalists chosen for Ethical Finance Innovation Awards
The 2015 Ethical Finance Innovation Challenge Awards, which is supported by Abu Dhabi Islamic Bank and Thomson Reuters, has chosen…
JIB’s profit rises 10.2pc to $35m
Jordan Islamic Bank has posted a growth of about 10.2 per cent in profits for the first half at $35.26…