Singapore seeks Middle East axis to boost Islamic finance
The wealthy Southeast Asian city-state of Singapore, known as a major global hub for conventional finance, is seeking to establish…
Islamic Finance
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Islamic Development Bank increases sukuk programme to $25 bln
The Islamic Development Bank has increased the ceiling of its Islamic bonds (sukuk) programme to $25 billion from $10 billion,…
Dubai Islamic Bank collects prestigious award
Dubai Islamic Bank, the largest Islamic bank in the UAE, announced today that it was awarded “Best Retail Risk Management…
Path Solutions celebrates achievements at the 2015 London Sukuk Summit Awards
Path Solutions was honoured with an 'Award of Excellence for Best Islamic IT Solutions Provider' at the recently held London…
BisB named best bank
The award is in recognition of its excellence and high efficiency, with a 94.20 per cent customer satisfaction. The bank…
Warba Bank finances latest addition in Kuwait Airways’ fleet
IAFC is the fund manager of a $5 billion Aircraft Leasing Islamic Fund that was established by in June 2014…
(Shurooq) named Top Investment Promotion Agency in the Middle East by Site Selection Magazine for the year 2015
The Sharjah Investment and Development has been named the Top Investment Promotion Agency in Middle East for this year 2015…
Bahrain Islamic Bank Wins Best Bank Award in STP
Bahrain Islamic Bank (BisB) has won the Best Bank Award in the Middle East and North Africa (MENA) in Straight…
NBAD's Debt Capital Markets activities gain momentum
• Led 7 capital markets transactions in the past 3 weeks - 3 for Asian issuers demonstrating the increasing international…
Dubai Islamic Bank prices US$ 750 million 2.921% Fixed Rate Trust Certificates
Dubai Islamic Bank has successfully priced a US $750 Million Sukuk issuance maturing on 3rd June 2020. The issuance from…
IIRA Assigns Fiduciary Ratings to AlBaraka Bank Egypt
Islamic International Rating Agency has assigned an international scale rating of 'B-/B' (Single B Minus / Single B) and national…
The value proposition of Islamic finance and its significance for Oman
Although the Islamic financial industry has shown impressive growth, particularly, over the last decade, the growth continues to face criticism,…