Al Baraka Banking Group announces $69 million net profit for first quarter of 2015
The Bahrain based leading Islamic banking group, Al Baraka Banking Group BSC announced a net profit of $69 million for…
Islamic Finance
6034 articles found
‘Islamic fund industry’ an alternative model of financial investment
Saudi Arabian mutual fund industry maintains the largest position in Middle East North Africa region in terms of asset under…
Islamic banking sector worth $16bn
In Egypt, Islamic banking represents a sizeable piece of the overall pie, with about 20% of total bank accounts held…
How islamic finance can achieve its potential
What do the Olympic Village in London and the Burj Khalifa in Dubai have in common? The answer is Islamic…
Islamic asset managers 'need to boost services'
Almost 70 per cent of Middle Eastern wealth is transferred overseas, an expert has warned. To attract this wealth, Islamic…
Standard Chartered turmoil in Middle East offers opportunities for local banks
Nowhere, perhaps, is the turmoil at Standard Chartered more evident than in the Middle East, as an exodus of top…
Tajik lender plans switch to Islamic banking as new rules arrive
Tajik lender Bonki Rushdi Tojikiston will convert operations to become a full-fledged Islamic bank, after it signed an agreement with…
Islamic Finance: Going Global
A couple of decades ago, Islamic finance was a relatively unknown term but has become the buzzword in today's financial…
Opinion: Getting Islamic Finance to Fulfill its Promise
What do the Olympic Village in London and the Burj Khalifa in Dubai have in common? The answer is Islamic…
Babacan praises Islamic banking model
Turkish Deputy Prime Minister Ali Babacan said on Wednesday that the growth of Islamic banking would strengthen Turkey’s financial system,…
QIIB appoints new head
QIIB has appointed Sheikh Abdulaziz bin Abdullah bin Faisal al-Thani as the bank's head The appointment of Sheikh Abdulaziz in…
Oman's Bank Nizwa withdraws United Finance merger proposal
Oman's Bank Nizwa has withdrawn its proposal for a merger with United Finance , Nizwa said on Monday, after United…