Bank Nizwa named 'Best Islamic Bank' In Oman for spearheading industry awareness
Bank Nizwa has been named 'Best Islamic Bank' in Oman at the 6th annual Islamic Finance Awards 2015, organized by…
Islamic Finance
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Islamic banks to gain access to UAE central bank's Sharia-compliant lending facility
The Central Bank of the UAE has expanded its collateral range by broadening access to its Sharia-compliant short-term lending facility,…
DIFC highlights the role of international financial centres in economic growth at City Week 2015
Dubai International Financial Centre (DIFC) concluded its participation at the annual City Week forumin London underpinning its status as a…
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…
Qatar main hub of Islamic finance
H E Sheikh Abdullah bin Saud Al Thani, Governor of Qatar Central Bank, said yesterday that Islamic financial institutions enjoy…
Oman takes another step towards takaful legislation
Legislation regulating Oman’s sharia-compliant insurance market has moved a step closer to being finalised after the State Council approved a…
Gulf firms go Islamic as markets deepen
Last month Vodafone Qatar, an affiliate of Britain’s Vodafone Group, said it had switched all its financial activity to Islamic…
Challenges of Islamic financing
By Jacob Zchariah Karuvelil Jacob Zachariah Karuvelil, 'Executive Vice President' at Path Solutions, in the second part of the interview,…
Gulf firms go Islamic as markets deepen
Last month Vodafone Qatar, an affiliate of Britain’s Vodafone Group, said it had switched all its financial activity to Islamic…
Dubai may become global capital of Islamic economy
The corridors of the Islamic Economy Fiqh Forum witnessed a consensus among conference members for the need to develop the…
Aafaq honors its success partners and signs strategic partnerships
Under the patronage of H. H. Sheikh Sultan Bin Mohammed Bin Khaled Al Nahyan, Chairman, Aafaq Islamic Finance, a leading…
Credibility key to growth of Islamic finance, says expert
"The potential is quite great and the challenge is credibility, and so far, Islamic banks have been maintaining their integrity,"…