Flydubai says in talks with advisors for debut sukuk
Low-cost airline flydubai is in talks with advisers for a potential bond issuance, after reports that the carrier had mandated…
Islamic Finance
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Turkey has potential but needs reforms for Islamic insurance
Turkey remains a high-potential market for Islamic insurance, but the country needs to implement certain reforms and regulations before it…
KFH: "Best Islamic Bank in Kuwait"
Kuwait Finance House KFH has won "Best Islamic Bank in Kuwait" from Asiamoney, one of global Euromoney group editions, for…
Islamic Insurance Leaders Tackle Scale and Profitability Challenges at the 3rd Annual Middle East Takaful Forum
The 3rd Annual Middle East Takaful Forum (METF 2014) brought together more than 200 key regulators and industry decision-makers for…
Commercial Bank Of Kuwait To Sell 120 Million Dinar Bond
Commercial Bank of Kuwait has announced plans for a 120 million dinar ($416 million) bond sale that would boost its…
Bahrain Islamic Bank reports resignation of Dr Sherif Ayoub from Board
In a statement to Bahrain Bourse, Bahrain Islamic Bank (BIsB) said that Dr Sherif Ayoub, the representative of the Islamic…
GCC to lead growth in sukuk market
Global Islamic bond sales are expected to grow by 5 per cent this year, led by Arabian Gulf issuers amid…
Saudi Debt Law No Lure for Wary Investors
A lack of transparency could yet derail Riyadh's plan to open kingdom's debt capital market to foreigners. Saudi Arabia’s…
Barwa Bank named 'Best Islamic Financial Institution in Qatar'
Barwa Bank, Qatar's fastest growing Shari'ah compliant banking service provider, has been named the winner of "Best Islamic Financial Institution…
Bahrain's GFH refutes contract award claims at $3bn Tunis project
Bahrain's Gulf Finance House (GFH) has rejected media reports that it has signed an agreement with Makni Group to build…
Turkey still to finalise sukuk plans
The Republic of Turkey has not yet made final plans for a sukuk this year, but still wants to print…
Islamic finance industry global assets up $1.6b
Abu Dhabi Islamic Bank said the Islamic finance industry is growing rapidly, with global assets increasing by an estimated 16…