Alizz Islamic Bank's growth plans on track
As the bank will be soon marking its first year of operations, Alizz Islamic Bank's performance has been in line…
Islamic Finance
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Qatar planning to set up first Islamic bank in Tajikistan
Qatar has expressed its willingness to set up an Islamic bank in Tajikistan, which would be the first Shariah-based financial…
Moody’s assigns definitive rating of A3 to Sharjah’s sovereign sukuk
Moody’s Investors Service has assigned a definitive rating of A3 to the US dollar Trust Certificates issued by Sharjah Sukuk…
Islamic Development Bank eyes Thursday for sukuk pricing, guidance given
The Islamic Development Bank is aiming to price a U.S. dollar-denominated sukuk of benchmark size and five years duration on…
IIRA reaffirms ratings of ABC Islamic Bank
The overall fiduciary score of the bank has been assessed to be in the range of ‘76 – 80’ and…
Kuveyt Turk plans to debut in Malaysia with ringgit sukuk
Turkish participation bank Kuveyt Turk plans to issue sukuk, or Islamic bonds, in Malaysia aiming to raise as much as…
Islamic State Delaying Iraq’s First Project Finance Deal
Islamic State’s onslaught in Iraq is forcing the OPEC producer to delay its first project-finance deal, an oil pipeline to…
Goldman Sachs gets strong demand for landmark sukuk issue
Goldman Sachs raised $500 million with its debut sale of Islamic bonds on Tuesday, becoming the first conventional U.S.bank to…
New secretary general named by AAOIFI
H. E. Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman of Board of Trustees of Accounting and Auditing Organisation for Islamic…
Islamic finance in forum focus
More than 1,300 high-level industry professionals from over 50 countries will take part in major Islamic banking conference in Bahrain.…
Turkey's Shari'ah-complant Turkiye Finans Bank to set up in Bahrain
Türkiye Finans Bank has announced plans to expand its operations and establish in Bahrain. Bahraini Transport Minister and Economic Development…
Islamic insurance market has ‘untapped potential’ despite global growth, says report
The gross takaful contribution of the Gulf Cooperation Council countries alone is estimated to reach around $8.9bn this year, from…