Bank of Khartoum to open first Gulf branch in Bahrain
Bank of Khartoum, an Islamic institution which is Sudan's biggest privately owned bank, plans to open a wholesale banking branch…
Islamic Finance
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Dubai Islamic Bank wins three Islamic Finance News Deal of the Year awards
Dubai Islamic Bank, the largest Islamic Bank in the UAE, announced today that it has won three awards at the…
Fiscal deficits unlikely to trigger sukuk funding in GCC
Fiscal deficits arising from low oil prices and funding needs for infrastructure projects are unlikely to boost sovereign sukuk issuance…
Bahrain transforming into global investment portfolios management hub
Bahrain has always been, throughout history, a profound and evolving gateway, the Minister of Finance said in a keynote speech…
Oman’s first sovereign sukuk by mid-2015, says CBO chief
Oman plans to make its first sovereign issue of Islamic bonds, a OMR200 million ($520 million) issue, by mid-2015 to…
Noor Bank Wins Two 'Deals of the Year' Awards from IFN
The Islamic Finance News (IFN) awarded two deals lead managed by Noor Bank as "IFN Deals of the Year 2014",…
Turkey's Vakifbank to launch Islamic unit
Turkey's third-largest state bank Vakıfbank has received regulatory approval Tuesday from the Banking Regulation and Supervision Agency to establish an…
Al Hilal Bank bags 4 major awards at IFN Deals of the Year 2014 Awards
Three of the recognitions – ‘Perpetual Deal of the Year,’ ‘Regulatory Capital Deal of the Year’ and ‘UAE Deal of…
Sharjah Islamic Bank to meet investors for potential dollar benchmark sukuk
Sharjah Islamic Bank is planning to meet fixed income investors starting Thursday ahead of a potential U.S. dollar benchmark sukuk…
Seven new trends in post crisis financial regulation
The role of regulatory authorities and entities is a subject that continues to prompt close scrutiny in the aftermath of…
Oman's Bank Dhofar gets shareholder assent for capital plans
Bank Dhofar, Oman's second-largest bank by assets, won shareholder approval for plans to raise its capital by as much as…
Dubai Islamic Bank celebrates 40 years in Islamic Banking
Dubai Islamic Bank (DIB) celebrated its 40th anniversary at a special ceremony held in the presence of His Highness Sheikh…