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…
Islamic Finance
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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…
Rise of Turkish Islamic banks chimes with Erdogan's ideals
Selling fruit from a cart in a working-class neighbourhood of Istanbul hasn't made Mehmet rich, but he's adamant his modest…
World's oldest insurer launches operations in Dubai
Lloyd's of London wants to encourage more foreign investment to bring in business, its chief executive told Reuters on Wednesday,…
Emirates picks banks to arrange Islamic bond
Emirates, the Dubai-based airline, has hired eight banks to arrange an Islamic bond that will be guaranteed by Britain's export…
Bank's units named best in the region
Bahrain-based Islamic banking group Al Baraka Banking Group has announced that four of its units won Islamic Finance News Awards…