Islamic Finance

Hedge Funds & Alternative Investments

New rules to align UAE insurers with European solvency requirements

February 2, 2015

The United Arab Emirates Insurance Authority has issued new rules for conventional and Islamic insurance (takaful) firms, clarifying policyholders' rights…

Read More

Islamic Finance

BLME plans asset-management expansion in Dubai

February 1, 2015

The Nasdaq Dubai-listed Bank of London and The Middle East (BLME) plans to boost its asset-management business in the emirate,…

Read More

Awards and Recognition

Barwa Bank Wins Three Awards

February 1, 2015

Barwa Bank , Qatar's fastest growing Shari'ah compliant banking service provider, has been recognised with three accolades at the Banker…

Read More

Financial Results

Al Wifaq Finance Company reported a record profit of AED 93.3 million for 2014

February 1, 2015

Al Wifaq Finance Company reported a record profit of AED 93.3 million for the financial year 2014 an increaseof 435?…

Read More

Comment & Analysis

NBAD to host a panel discussion in London on "Future of Sukuk"

February 1, 2015

2014 was one of the most active years in the history of Islamic finance, in which a record 19 jurisdictions…

Read More

Islamic Finance

Islamic banking: Now is a better time than ever for women to enter the industry, says head of investment firm

January 28, 2015

Stylishly dressed, confident in manner and authoritative in tone, it's hard to imagine Stella Cox ever had difficulty convincing her…

Read More

Islamic Finance

CBB support for Morocco banking plan

January 28, 2015

A nine-member delegation comprising leading Sharia scholars from Morocco met Central Bank of Bahrain Governor Rasheed Al Maraj to learn…

Read More

Islamic Finance

ahlibank signs pact with Sezad to finance projects in Duqm

January 28, 2015

ahlibank and its Islamic counterpart 'Al Hilal Islamic Banking Services' have signed a memorandum of understanding (MoU) with the Special…

Read More

Islamic Finance

Shari’ah banking seeks path through Iraqi strife

January 28, 2015

For all the sectarian violence gripping Iraq, Shari’ah-compliant banks operating in the nation see opportunities for growth.   Elaf Islamic…

Read More

Awards and Recognition

International Islamic wins Best Bank in Qatar Award

January 27, 2015

International Islamic  won Citibank New York’s “Best Bank in Qatar Award” for its excellence in ‘Straight Through Processing’  operations.  …

Read More

Islamic Finance

State to fuel Islamic finance boom, Turkey banks chief says

January 27, 2015

Akyuz foresees the country’s interest-free assets increasing by 30 per cent to $60 billion in 2015, up from 1.2 per…

Read More

Islamic Finance

Qatar Islamic Bank plans $549 million Tier 1 sukuk

January 26, 2015

Qatar Islamic Bank plans to raise up to 2 billion riyals through a capital-boosting sukuk; the latest Gulf bank eyeing…

Read More