Gatehouse Bank looks to broaden Islamic revenue stream
London-based Gatehouse Bank is developing new business lines and widening its investor base as the Islamic wholesale lender looks to…
Islamic Finance
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Post crisis Islamic banks must revise business model
A growing global sentiment around ethical and socially conscious businesses is emerging. Large segments of the world’s consumers are showing…
DIFC Investments Plans Sukuk Issue
DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is planning to issue sukuk, four bankers…
Islamic economy chief calls on banks to help SMEs
Start-ups and small businesses are the lifeblood of any economy, and the UAE has been trying to encourage more entrepreneurs…
Pakistan's NBP eyes stake in Gulf-backed Burj Bank
National Bank of Pakistan (NBP), the country's largest state-owned bank, plans to conduct due diligence on Islamic lender Burj Bank…
Bahrain's GFH says to list $200m sukuk on NASDAQ Dubai
Bahrain-based Gulf Finance House (GFH) said on Tuesday it plans to list its $200 million sukuk on NASDAQ Dubai. …
Dubai Islamic Bank Pakistan names Sharia head
The Dubai Islamic Bank Pakistan has appointed Mufti Muhammad Hassan Kaleem as the bank’s new country head of Sharia. …
Takaful reports Q2 net profits
Takaful Emarat Insurance reported on Tuesday net profits of Dh1.08 million for the second quarter of this year, marking an…
Not all sukuk are created equal, IMF study finds
Investors treat a company's shares differently depending on the specific types of Islamic bond it issues and the reputation of…
aafaq – Islamic Finance Company and MENACORP sign strategic partnership
aafaq - Islamic Finance Company, a UAE-based leading Shari'a-compliant financial services group and MENACORP, the UAE's leading investment bank, have…
Islamic economy chief calls on banks to help SMEs
Start-ups and small businesses are the lifeblood of any economy, and the UAE has been trying to encourage more entrepreneurs…
Faith in Islamic finance on the rise in non-Muslim world
The growth of the global Islamic finance industry is most often measured by value of assets. While this indicator is…