State-run banks launch Islamic units, starting with Ziraat Bank
Deputy Prime Minister Ali Babacan announced that the Ziraat Participation Bank will be launched on May 29 with a ceremony…
Islamic Finance
6042 articles found
Innovations to leverage opportunities in Islamic funds, investment industry
The global Islamic financial markets community gathered Monday at the industry’s flagship event in Manama, Bahrain. Some 200 international…
Global Islamic fund management industry to reach $77b by 2019
Thomson Reuters has published the findings of its Global Islamic Asset Management Outlook at the World Islamic Funds Conference in…
Kuwait Finance House may sell properties, cut small number of jobs
Kuwait Finance House , the country's second largest lender and one of the world's oldest Islamic banks, may sell some…
Islamic mutual funds fall short of global demand
Islamic mutual funds are growing again after a slump that lasted years, but the sector still falls short of meeting…
Islamic commodity trading getting a boost
Islamic commodity trading has become more popular in the financial world as of late because an accord seems to have…
Islamic investments, funds up 10pc in Bahrain
Bahrain's Islamic investments and funds have grown by about 10 per cent annually for the last few years and prospects…
The Islamic Funds forum to build on a decade of excellence to shape the future success of the Islamic Investments industry
Abdul Rahman Mohammed Al Baker, Executive Director of Financial Institutions Supervision at the Central Bank of Bahrain, delivered the inaugural…
Kuwait Finance House moves to Turkey for Islamic finance
Kuvait Finance House is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for…
The downside of Iranian banking
Iran may be about to restore banking links with the rest of the world after years of separation, but the…
IDB delays short-term sukuk as sector looks for liqudity tools
The Jeddah-based Islamic Development Bank has no immediate plans to issue short-term sukuk (Islamic bonds), leaving it to domestic and…
Turkish banking watchdog certifies Ziraat Bank’s Islamic branch for operations
One of Turkey’s largest state-owned banks, Ziraat Bank, was authorized by the country’s banking regulator to begin operations in its…