aafaq Islamic Finance wins three honors
aafaq Islamic Finance, a leading UAE-based Shari'a compliant financial institution, bagged three major honors at the 2015 Annual Awards held…
Islamic Finance
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Ithmaar Bank reports profit for the First Quarter of 2015
Ithmaar Bank , a Bahrain-based Islamic retail bank, reported today a net profit of US$7.62 million for the first quarter…
Al Yusr Islamic opens branch in Nizwa
To reach out to the largest number of customers in the Sultanate, Al Yusr Islamic Banking of Oman Arab Bank,…
Oman announces OMR200 million debut sovereign sukuk issue
Oman government officially announced the much-awaited maiden sovereign Sukuk issue of OMR200 million. The sovereign Sukuk issue will be…
Sukuk industry: SABIC’s pioneering role in spotlight
The tenth edition of Euromoney Saudi Arabia conference concluded here on Wednesday, with a firm belief that multisectoral reforms to…
We are reviewing our options regarding KFH-Malaysia
Kuwait Finance House (KFH) announced that within the restructuring of its investment portfolio, the Board of Directors is considering options…
Abdulrahman al-Nabit is new head of QIB’s Tamayuz Banking
Qatar Islamic Bank has appointed Abdulrahman al-Nabit as its new head of Tamayuz Banking, QIB Group CEO Bassel Gamal said.…
Innovations in Islamic Finance 2015: Balancing innovation and integrity
It’s an industry where asset growth regularly nudges 20% a year, but one that has been all but abandoned by…
Saudi British Bank plans capital-boosting sukuk sale – sources
Saudi British Bank is planning to sell a riyal-denominated sukuk that will boost its capital reserves, sources aware of the…
Innovations in Islamic Finance 2015: Balancing innovation and integrity
It’s an industry where asset growth regularly nudges 20% a year, but one that has been all but abandoned by…
Major venture capital issues discussed
Venture capital issues were discussed at a key meeting yesterday. The Waqf Fund held its eighth roundtable discussion on…
China's ICBC eyes Islamic finance in tie-up with IDB
The Jeddah-based Islamic Development Bank said it was teaming up with an arm of Industrial and Commercial Bank of China…