Iraq Islamic banks held back by lack of regulation-experts
Islamic banking operations account for 1.5% of total assets of Iraqi banks and could rise to 6% in the next…
Islamic Finance
6034 articles found
NBAD Islamic MENA Growth Fund Named Best Islamic Fund
The NBAD Islamic MENA Growth Fund has been named the Best Islamic Fund 2014 by Global Islamic Finance Awards. …
Ethica Wins Islamic Finance Awards at UK's Global Banking and Finance Review
The Global Banking and Finance Review in the UK announced that Ethica Institute of Islamic Finance in Dubai wins the…
Turkish Bank’s Star Fades Amid Political Spat
Twelve months ago, Asya Katilim Bankasi AS was riding high. A rapidly-growing Turkish bank with powerful friends in government, it…
Bahraini fund Mumtalakat launches $600 mln seven-year sukuk
Bahrain sovereign fund Mumtalakat has launched a $600 million seven-year sukuk at the tight end of its previously-marketed price range,…
Are COOs in the Middle East ready to adapt to the changing Operational challenges
The 10th Annual OPEX kicks off in Dubai, UAE. The most awaited COO event of the year - 10th…
Urgent need for training bankers in Islamic finance
With Islamic finance (IF) and Islamic financial products (IFP) growing popular worldwide, there is an urgent need for training bankers…
Islamic finance body IIFM launches collateralised murabaha standard
The Bahrain-based International Islamic Financial Market (IIFM) has launched a standard contract template for collateralised murabaha transactions, aiming to boost…
Turkey treads fine line as state-run trio eye Islamic banking
Three Turkish state-run banks plan to launch Islamic units, widening the reach of interest-free finance in the majority Muslim nation,…
Kingdom gets recognition as one of most developed Islamic markets
Acknowledged as one of the most developed Islamic markets, Saudi Arabia is a destination that should not be overlooked, according…
Convergence between Shari’a and traditional accounting standards?
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is reportedly working with the International Accounting Standards Board…
Enough room for Dubai and UK at the sharp end of Islamic finance
British observers have criticised and praised The Shard, London’s tallest building, in equal measure. Points of disagreement range from…