Bank of Tokyo-Mitsubishi UFJ Dubai Branch obtains Islamic Finance license
This approval has enabled its Dubai Branch to offer both conventional and Islamic financial services to customers. This is…
Islamic Finance
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Former Saudi foreign minister Saud al-Faisal dies
Former Saudi Foreign Minister Prince Saud al-Faisal died on Thursday, Saudi Arabian sources and media close to the kingdom's ruling…
Dubai achieved goal to become capital of Islamic economy: Mohammed
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, …
Abu Dhabi Islamic Bank plans Morocco and Algeria expansion
Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest shariah-compliant lender, is planning expansion in Africa markets to tap…
Dubai plans new sukuk channels as listings top other centres
Dubai has overtaken other financial centres in listing Islamic bonds on its exchanges, and is mounting a global drive to…
Ibdar Bank appoint new chief investment officer
Ibdar Bank, a Bahrain-based wholesale Islamic investment bank, has appointed Ahmed Al Rayes as its chief investment officer. Effective…
UAE bank ADIB targets acquisitions in 2016
Abu Dhabi Islamic Bank, which recently failed in its bid for Citigroup’s Egypt retail business, is targeting acquisitions in 2016…
Ibdar bank appoints new Chief Investment Officer
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, today announced that it has appointed Mr. Ahmed Al-Rayes as Chief…
Abu Dhabi Islamic Bank Looks to Expand Abroad
Abu Dhabi Islamic Bank, the United Arab Emirates’second-biggest shariah-compliant lender,is considering entering markets in South East Asia and Africa to…
Thailand’s troubled Islamic Bank seeks investors to turn around business
Thailand’s sole fully-fledged Shariah-compliant financial institution, state-owned Islamic Bank of Thailand, branded as IBank, has become the target of domestic…
UAE bank ADIB targets 2016 acquisitions, eyes Asia, Middle East
Abu Dhabi Islamic Bank (ADIB), which failed in its bid to win Citigroup's Egypt retail business, is targeting acquisitions in…
Middle East to London: Success stories of agricultural investments
Often, profitable investments are those which meet the most important requirements of the world; food, water and fuel, to name…