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…
Islamic Finance
6042 articles found
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…
ADCB Islamic Banking Signs Agreement with Sharjah Holding For Special Home Finance Offer
Investors in Sharjah's off-plan real estate market can capitalise on attractive Home Finance thanks to a newly signed agreement between,…
Turkish Deputy Prime Minister lauds partnership with Islamic Development Bank Group
At a meeting attended by all IDB Group entities, the two sides discussed ways to support and elevate the ongoing…
Internationalisation strategies for Islamic finance in focus
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic Development Bank (IDB), the global umbrella organisation…
Watchdog warned over possible penalty for Bank Asya action
As uncertainties over the management of the Islamic lender Bank Asya continue, auditors from the Banking Regulation and Supervision Agency…