Women's role in financial, banking sector supported
The Central Bank of Bahrain, in cooperation with the Supreme Council for Women, has announced Al Baraka Banking Group (ABG)…
Islamic Finance
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Iran to Boost Flagging Sukuk Market
The flagging Sukuk market looking likely to print its lowest global issuance since 2011 is likely to receive a much-needed…
Al Rajhi Capital announces launch of IPO fund
Al Rajhi Capital , one of the leading asset managers in the Kingdom of Saudi Arabia has announced the launch…
Islamic Finance expected to grow to 3 trillion by 2018
Islamic finance has been growing rapidly over the past decades, reaching $1.8 trillion in 2014 and is expected to exceed…
Gulf-based Islamic banks face prospect of lower net income growth
After delivering strong results in 2014, Islamic banks in the Gulf face a gradually weakening operating outlook in 2015-2016, largely…
Global Reports KWD2.8 million net Profit in First Half 2015
Global Investment House has announced its financial results for the first half ended 30 June 2015. During H1 2015…
Gulf-based Islamic banks on growth track: report
Gulf-based Islamic banks will continue to grow and increase their market share, even though it face a gradually weakening operating…
Growing trend: Islamic finance goes offshore
The rise of Islamic finance and sukuk issuances have brought with it a growing phenomenon: Shariah banking is increasingly taking…
Al Baraka Banking Group targets ambitious foreign ventures
Al Baraka Banking Group says it plans to almost double its assets to US$46 billion in the next five years…
Finance House H1 profit soars 8.2%
Finance House PJSC has registered a robust consolidated net-profit of AED 66.2 million for the six months ended 30 June…
National Bank of Abu Dhabi and Emirates NBD Top Leader Boards for ‘Bonds, Loans & Sukuk Middle East Awards'
Following the first week of online voting, National Bank of Abu Dhabi (NBAD) and EmiratesNBD have emerged as frontrunners on…
New Maisarah Islamic Banking Services Branch Launched in Al Hail
• Maisarah branches are located in Al Hail, Azaiba, Salalah, Sohar&Birkat Al Mouz • 5 branches opened since 2013…