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…
Islamic Finance
6034 articles found
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…
ADIB Named Employer of the Year by Higher Colleges of Technology
Abu Dhabi Islamic Bank (ADIB) has been named Employer of the Year by The Higher Colleges of Technology ( HCT…
LMC net profit tops $1.26m
Wholesale Islamic bank Liquidity Management Centre (LMC) posted a net profit of $1.26 million in the first quarter of this…
UGB's Q1 profits fall to $2.1 million
UGB's total income also decreased to $35.2 million, compared to $40.5 million at 31 March 2014. In 1Q14, $9…
QIIB’s rating upgrade reflects bank’s strong position
Qatar International Islamic Bank’s rating upgrade by Moody’s Investors Service is a proof of steadiness of bank’s financial position and…
Demand to ban conventional banks rejected
MPs demands to ban conventional banks and allow only Islamic banks to operate in Bahrain have been shot down by…
BisB net profit rises 23pc to $7.9m
Bahrain Islamic Bank has registered a net profit of BD3 million ($7.9 million) for the first quarter of this year,…
Kuwait Finance House pivots to Turkey as it mulls Malaysia exit
Kuwait Finance House is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for…
Khaleeji Commercial launches new financing product
Khaleeji Commercial Bank, a leading Islamic retail bank in Bahrain, has launched a new corporate financing product, I'teman Financing. …