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…
Islamic Finance
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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…
International Review of Law publishes a special issue on Sovereign Wealth Funds
International Review of Law Journal, has published a special issue on Sovereign Wealth Funds dedicated to the exploration of emerging…
New alternative growth role for Islamic finance
Islamic finance can play a central role in creating an alternative, more resilient economic and financial system, Central Bank of…
QIB gets annual STP award from StanChart
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has been conferred the prestigious annual STP Award presented by Standard Chartered…
Bahrain Ithmaar Bank reports net loss for 2014
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported (ed note: 7/03/15) a net loss of $8.8m in 2014, significantly less…