Borsa Istanbul makes strides towards global ambitions
Istanbul ranked 47th in the Global Financial Centres Index 2014, and aims to be in the top 10 by 2023.…
Islamic Finance
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Infosys signs digital banking deal with Sharjah Islamic Bank
IT service provider Infosys announced its digital banking deal with Sharjah Islamic Bank (SIB) to supply Finacle e-Banking and Mobile…
CI: Al Baraka Islamic Bank’s ratings affirmed
“The FSR remains constrained by sovereign risk exposure in Pakistan, where economic conditions remain difficult despite some improvement, and a…
Alkhabeer Capital Liquidity Fund 'Hasseen' Awarded 'Best Islamic Fund 2015' By Banker Middle East
Alkhabeer Capital has announced that it has been awarded "Best Islamic Fund 2015" by prominent banking publication, Banker Middle East,…
Significant untapped growth potential of Digital Islamic Services – RESEARCH
Deloitte and Noor Telecom, a Kuwait-based, Sharia-compliant closed-shareholding company, have collaborated with Dubai Islamic Economy Development Center ( DIEDC ) for the compilation of…
NBAD Sukuk Income Fund Delivers 2.22% Dividend Semi-annualised
National Bank of Abu Dhabi Sukuk Income Fund has earned a total income of USD 673,894.69, equivalent to 2.22% of…
QIB participates with $50m in syndicated facility to SMG
Qatar Islamic Bank, participated in a Shariah Compliant Syndicated Finance Facility for Stanford Asia Holding Company, a subsidiary of Stanford…
Jordan's first sovereign issue of sukuk coming up soon
Jordan will soon launch its first sovereign issue of Islamic bonds, sukuk, to finance real estate projects, Finance Minister Umayya…
Iran and the Islamic Finance Crown
Iran is one of the pioneers of Islamic finance. In 1983, four years after the revolution led by Ayatollah Khomeini…
Turkey election fallout poses questions for Islamic finance push
President Recep Tayyip Erdogan’s plans to nurture Islamic banking in Turkey may have an uncertain future. Less than two…
Noor Bank closes Dh1.2b Islamic syndicated loan
Noor Bank has closed an Dh1.2 billion Islamic syndicated loan for offshore vessel operator Stanford Asia Holding Company (‘Stanford’), a…
Hamdan bin Mohammed to organise second ‘Global Islamic Economy Summit’
The summit will gather more than 2,000 policymakers, thinkers, and business leaders to build a roadmap around the key pillars…