Kuwaiti bank CBK says concerns over buyer cash behind bond cancellation
Commercial Bank of Kuwait said on Monday it cancelled its 120 million dinar ($412.7 million) capital-boosting bond last week over…
Islamic Finance
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Mumtalakat Hires Banks For Potential Dollar Sukuk Issue
Bahraini sovereign fund Mumtalakat (BBB from S&P/Fitch) has hired BNP Paribas, Deutsche Bank, MUFG and StanChart to arrange a series…
Waha Capital 9M 2014 net profit increases to AED 1.6 billion
For the third quarter of 2014, the company recorded a net profit of AED 301.2 million, up from AED 107.1…
Tadhamon International Islamic Bank appoints new CEO at Tadhamon Capital BSC
Tadhamon International Islamic Bank , a Sharia'a-compliant Bank licensed by the Central Bank of Yemen, has announced management changes in…
Omani entrepreneurs explore islamic financing avenues with bank Nizwa
Bank Nizwa's Head of Shari'a, Dr. Anwar Soubra, conducted an in-depth workshop on the various Islamic Financing solutions available to…
Turkey's Fleetcorp gets approval for 150 mln lira sukuk
Turkey's Fleetcorp, wholly-owned by Kuwait's The International Investor, has received regulatory approval to raise up to 150 million lira via…
Simply Sharia Wins Islamic Finance Firm of the Year in Finance Monthly M&A Awards 2014
Simply Sharia Limited has been named the Winner of Islamic Finance Firm of the Year - UK in Finance Monthly…
Sukuk Commentary by BLME
The Sukuk market does not look like it will replicate the volume of issuance that was seen in 2012 however…
BLME releases comment on current state of Sukuk market
Despite 2014 not being a record year it has been a landmark year for the Sukuk markets and the Islamic…
Forum explores Turkey’s growing Islamic finance sector
Domestic and international bankers convened at the IFN Turkey Forum 2014 in İstanbul on Thursday to discuss Turkey's growing Islamic…
Kazakh bank to comply with principles of Islamic finance – Baidaulet
In 2015, Kazakhstan's Zaman-Bank JSC will operate in accordance with the principles of Islamic finance, announced Chairman of the Islamic…
Emirate's largest sharia-compliant bank posts 21 pct profit
Abu Dhabi Islamic Bank , the emirate's largest sharia-compliant bank, posted a 20.6 percent increase in its third-quarter net profit…