Turkey's Biggest State Bank Applies to Found Islamic Bank
Turkey's largest state-run lender, Ziraat Bank, applied to Turkey's banking watchdog on Friday to establish its own interest-free Islamic bank.…
Islamic Finance
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Dogus Group approved to issue Turkey's first corporate sukuk
Dogus Group approved to issue Turkey's first corporate sukukTurkish conglomerate Dogus Group has received regulatory approval to raise $370 million…
Islamic bank BLME eyes first dividend in ’16
Bank of London and The Middle East (BLME), Britain’s largest stand-alone Islamic bank, aims to pay its first dividend in…
The imperfect reality of modern Islamic finance
God has a problem with interest. That much is clear from the scriptures of almost every major religion on the…
Faisal Bank gets to grips with Islamic risks
As demand for Islamic banking services continues to rise, Faisal Islamic Bank of Egypt has overhauled its risk management to…
Islamic Development Bank approves $987 million for funding development projects
The funds approved by the IDB's Board of Executive Directors at a recent meeting include $176 million for Oman, $100…
IFSB- FSI Organise Seminar on Liquidity Risk in Islamic and Conventional Banks in Qatar
The Islamic Financial Services Board and the Financial Stability Institute are jointly organising an IFSB-FSI Seminar on Liquidity Risk in…
Dubai bank to up stake in Panin Syariah
Dubai Islamic Bank, the oldest sharia lender in the world, has officially submitted a request to Indonesia’s Financial Services Authority…
A New Initiative for the Development of Islamic Microfinance
Keeping in view rising concept of Islamic microfinance all over the world, a platform is formed to promote Islamic microfinance…
Herbert Smith Freehills down to one partner in Abu Dhabi after Clydes secures Islamic finance hire
Clyde & Co has announced the appointment of Islamic finance specialist, Adil Hussain as a partner based in the firm's…
Alizz Islamic Bank wins ‘Best Credit Card’ award
In recognition of its commitment to customers in the banking sector, alizz islamic bank won “Best Credit Card” in…
Ithmaar Bank reports $1.77 million net profit
Ithmaar Bank, a Bahrain-based Islamic retail bank, announced Saturday a net profit of $1.77 million for the first half of…