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…
Islamic Finance
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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Oman's Bank Nizwa has withdrawn its proposal for a merger with United Finance , Nizwa said on Monday, after United…
ADIB Wins STP Award
Abu Dhabi Islamic Bank has been named the winner of the prestigious Commerzbank's Straight Through Processing (STP) Excellence Award for…
Dubai Islamic Bank picks arrangers for potential dollar sukuk
Dubai Islamic Bank has picked six banks to arrange fixed income investor meetings from Thursday for a potential benchmark size,…
Ajman Bank begins transactions on Nasdaq Dubai Murabaha platform for Islamic financing
A ceremony to mark the occasion took place at Ajman Bank new Head Office in Ajman attended by Mohamed Amiri,…
Islamic lifestyle: The story has just begun
The rapid growth in Islamic population has had a radical impact on the global economy. According to PwC, the global…