Japan looks for growth and influence from Islamic finance boom
Japan is the latest global financial hub to start making inroads into Islamic finance, a move that could help strengthen…
Islamic Finance
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Bahrain launches wakala liquidity tool for Islamic banks
Bahrain's central bank has launched a new liquidity management tool for Islamic banks, part of efforts by the Gulf Arab…
Emirates NBD bags three awards at Middle East Banking Awards 2014
The Emirates NBD Group won three awards at EMEA Finance's Annual Middle East Banking Awards. The bank was recognisedas…
Kuwait stays among the leading Islamic finance pack
Despite its small size, Kuwait has long been a key player within the global Islamic finance industry, and with its…
Jordan's sukuk market looking set for take-off
The Islamic debt market in Jordan is set to capitalise on growing worldwide interest in sukuk (sharia-compliant bonds) after long-awaited…
Saudi-swiss managed fund surpasses USD 66 million assets under management
The Sidra-Ancile Global Structured Trade Investment Fund has recently surpassed SAR 250 million (c. USD 66 million) under management to…
Islamic bond trial over $650m launches in London
A $650m legal dispute has been launched in London’s High Court that will offer a rare glimpse into the Islamic…
Basel III requirements to strengthen Islamic banks’ liquidity management
Regulatory proposals for a liquidity coverage ratio for Islamic financial institutions could help address some of the industry's long-standing weaknesses,…
Stanchart says committed to Islamic banking after head of unit exits
Standard Chartered remains committed to Islamic banking and expects growth in its core markets, a spokesman for the lender said…
Islamic banking assets gaining bigger share of global banking
By 2019, participation banking assets with commercial banks in Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey are expected to…
Bank Nizwa poised for growth; loss decreases by 37%
Bank Nizwa held its Annual General Meeting (AGM) here where Sayyid Amjad bin Mohammed al Busaidi, chairman of the bank,…
BLME Holdings announces change to the Board of Directors
BLME Holdings has announced that Humphrey Percy will stand down from his position as Chief Executive Officer of the Boards…