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…
Islamic Finance
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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…
UAE’s Sharjah Islamic Bank Prices $500m 5 Year Sukuk
Sharjah Islamic Bank (SIB) priced a $500 million sukuk of five years duration on Tuesday, a document from lead managers…
BBK keen on buying Islamic banks
BBK is open to acquisitions of Islamic banks provided they offered a feasible business proposition, the bank's chairman Murad Ali…
QIB signs Memorandum of Understanding agreement with South Korea's WOORI Bank
Qatar Islamic Bank has signed a memorandum of understanding with Woori Bank, the most well-known bank of South Korea that…
Murabaha marches on
Commodity Murabaha trading is done through exchanges such as the London Metals Exchange, Bursa Suq Al Sila with its palm…
Albaraka Turk taps Islamic loans as Lira leaves lows
Albaraka Turk has picked banks for a two year syndicated murabaha facility, just days after the Lira hit a new…
American banks are missing out on the hot Islamic finance market
Islamic finance is surging across the globe, gobbling up an ever-increasing share of the more than $220 trillion in international…
QInvest wins IFN "Deal of the Year" Award for the Grand Duchy of Luxembourg Sukuk issuance
QInvest , Qatar's leading investment bank and one of the most prominent Islamic financial institutions in the world, is pleased…
Warba Bank launches new "Murabaha Express" service promising a number of new creative products
Warba Bank has launched its new "Murabaha Express" service to customers which follows the efforts of the finance department in…