Islamic banking grows 5.2 per cent in Oman
The Central Bank of Oman affirmed that the Government Development Bonds issued in February is drawing significant investment interest with…
Islamic Finance
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ADIB introduces new savings plan
The new product aims to fulfill medium to long-term savings needs of ADIB’s customers, provide them with Islamic insurance benefits…
Khalefa Al Mesalam New Head of QIB Human Capital Group
Qatar's Leading Islamic Bank - has promoted Mr. Khalefa Saif Al Mesalam to become its new Head of Human Capital.…
Islamic banking not expensive, says Bank Nizwa CEO
Islamic banking is not necessarily more 'expensive' than conventional banking and this misconception needs to be corrected along with other…
Qatar seeks regulatory norms for Islamic finance
Qatar, a big player in global Islamic finance, has called for a global regulatory framework for the industry, saying it…
International Islamic shareholders give nod to issue sukuk
The shareholders of International Islamic yesterday gave approval to the bank to raise up to QR3bn (about $824m) through a…
Dentons advise the Islamic Development Bank on $10 billion programme update and $1 billion issuance
Dentons advised the Islamic Development Bank (the IsDB) on the update of the IsDB Trust Services Limited $10 billion Trust…
Qatar International Islamic Bank AGM approves Sukuk plans
Qatar International Islamic Bank held its Ordinary General Assembly Meetings on 15 March. Among the agenda items approved, approval…
AAOIFI Board of Trustees meets, elects chairman and vice chairman
The Board of Trustees of Accounting and Auditing Organisation for Islamic Financial Institutions held its meeting on Thursday 12 March…
Islamic finance to expand deeper into Asia, Middle East
Islamic finance, with estimated assets of $1.8tn, should expand into Asia and the Middle East in a bigger way and…
Kuwait Finance House wins 3 distinguished awards
EMEA Finance grants Kuwait Finance House 3 distinguished awards: Best Islamic bank in the Middle East, Best Islamic bank…
Three Omani organisations plan sukuk issue
At least three Omani organisations, including the government, are planning to float sukuk or Islamic debt instruments this year, which…