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…
Islamic Finance
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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…
Oman sets up central sharia board in move to boost Islamic finance
Oman's central bank has set up a sharia supervisory board to help oversee the sultanate's Islamic banking industry, a centralised…
Bahrain Bourse Preparing Islamic Product Range – CEO
Bahrain’s stock exchange plans to launch a range of Islamic investment products, including a novel equity-based murabaha financing tool and…
Oman Sets Up Central Sharia Board To Boost Islamic Finance
Oman’s central bank has set up a sharia supervisory board to help oversee the sultanate’s Islamic banking industry, a centralised…
Feeding Frenzy for Sukuk
Sharjah’s debut sukuk received more than $7.8 billion in offers from European and Middle Eastern investors Middle Eastern money managers…
Global law firm ups its bet on Saudi Arabia with second office
Legal Advisors, Abdulaziz I. Al-Ajlan & Partners, in association with Baker & McKenzie Ltd, is opening an office in Jeddah,…
Sharia-compliant sukuk make good investment sense
Islamic finance, particularly fixed-income instruments known as sukuk, has come of age and is now an integral component of the…
Media Representatives from Muslim Countries Meet with the Islamic Development Bank Group President
The President of the Islamic Development Bank Group, Dr. Ahmad Mohamed Ali, informed media representatives from Muslim countries that the…