Oman's Islamic Banking Assets Could Reach RO5BN by 2018: Study
Islamic banking in Oman is expected to grow at double-digit rates as shariacompliant banking products increasingly gain acceptance and the…
Islamic Finance
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Issuance of corporate sukuk has gradually emerged in Turkey
Turkish Islamic lender Turkiye Finans Katilim Bankasi has applied to issue 143 million lira via sukuk, or Islamic bonds according…
BNY Mellon Appointed Delegate, Paying Agent For Dubai's DIFC Investments Sukuk
Bank of New York Mellon Corp. an investment management and investment services firm, Monday announced that it has been appointed…
Barwa Bank take home two awards at the Islamic Business & Finance Awards 2014
Barwa Bank, Qatar's fastest growing Shari’ah compliant banking service provider, has been named as “Best Sukuk Arranger” and “Best Corporate…
Jordan Islamic Bank's ratings affirmed on 'Stable' Outlook
Capital Intelligence has affirmed Jordan Islamic Bank's Long and Short-Term Foreign Currency Ratings at 'BB-' and 'B', respectively. JIB's FCRs…
ADIB provides AED 1 billion finance facility to Baniyas Investment & Development Company
Abu Dhabi Islamic Bank, a top-tier Islamic financial services group, has finalized a AED 1 billion finance facility to Baniyas…
NBAD Sukuk income fund delivers 2.33 per cent dividends
The National Bank of Abu Dhabi NBAD’s Sukuk Income Fund has earned a total income of $798,923.60 which is equivalent…
Sohar Islamic Receives Best Branding Award from CPI Financial
In recognition of its role in championing the growth and expansion of the Islamic financial sector in the country, Sohar…
The important role of sukuk in the Basel III era
The implementation of Basel III rules has created several challenges to Islamic financial institutions (IFIs) especially with regards to capital…
UAE Banks Federation committees report on busy year
During the Ceremony, H.E AbulAziz Al Ghurair presented Certificates of Appreciation to Chairmen of Committees, praising their outstanding performance, …
JPMorgan leaps to 2nd Islamic bond spot as HSBC keeps lead
JPMorgan Chase & Co didn’t do enough deals the past two years to rank among the top Islamic-bond underwriters in…
“Aafaq” wins the award for the best Finance Provider 2014
Specialized in Islamic finance solutions and Governmental Electronic services, Aafaq Islamic Finance has won the award for the best finance…