Bahrain's GFH plans $230m sukuk to fund acquisitions
Gulf Finance House, the Bahraini Islamic investment firm, plans to make a $230 million sukuk issue this year to help…
Islamic Finance
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Doga to launch Turkey's first Islamic insurance product
Turkey's Doga Group plans to enter the takaful, or Islamic insurance, market in the coming months with what would be…
New GFH plan focuses on growth
GFH has restructured its balance sheet with both its cash and equity position much healthier and stronger now than it…
VIVA Bahrain sponsors Global Islamic Investment Gateway 2015
VIVA Bahrain will be the Technology sponsors for the 2015 Global Islamic Investment Gateway (GIIG) event taking place on 2nd…
ABC Islamic Bank Announces 23 per cent Increase in 2014 Year-End Net Profit of $15.1 Million
Total operating income rose to $22.2 million, increase of 22.7 per cent over last year, positively covering a 22.4 per…
Bahrain's GFH plans $230m sukuk to fund acquisitions
The bank sold $170 million of convertible sukuk murabaha last year to raise money for the investments, Ahmed Khalil al-Mutawa…
Islamic Development Bank picks arrangers for dollar sukuk offering
The AAA-rated IDB has picked nine banks to arrange investor meetings in the Middle East and Asia, it showed, adding…
Sharjah Islamic Bank opens its latest branch in Mussafah Abu Dhabi
HE Mohammed Hilal Al Muhairi, Director General of Abu Dhabi Chamber of Commerce and Industry , yesterday opened the latest…
Bahrain to remain a key center of Islamic finance
Bahrain is one of the historical centers of Islamic finance, and will continue to remain that way, despite increased competition…
Islamic finance in focus
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic Development Bank (IDB), the global umbrella organisation…
Qatar Islamic Bank approves up to 5bn riyal Tier-1 sukuk issuance
Qatar Islamic Bank , the Gulf state's largest sharia-compliant bank by assets, said on Monday its shareholders had approved the…
Warba Bank arranges $150 million syndicated facility for Azeri bank
As part of its strategic regional and international expansion plan, Warba Bank announced today that it has successfully arranged a…