Islamic Finance

FinTech

Saudi Solidarity Takaful Company decides to take the automation of its operations to another level with ESKADENIA Software.

August 4, 2014

After going through a long phase of software evaluations, Saudi Solidarity Takaful Company choses ESKADENIA Software , the region's leading…

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Islamic Finance

BIBF signs MoU for Islamic Banking MBA with University of Bolton (UK)

August 4, 2014

BIBF has signed an MoU with the University of Bolton (UK) to develop an MBA in Islamic Banking.    As…

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Islamic Finance

Dubai Islamic Bank provides AED 360 million financing facility to Union Properties

August 4, 2014

Dubai Islamic Bank, the largest Islamic Bank in the UAE, has announced today that it has signed an agreement with…

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Awards and Recognition

Path Solutions is the 2014 Global Winner of the CFI.co Award for 'Best Sharia-Compliant Banking Systems'

August 4, 2014

Path Solutions is proud to announce that its flagship product iMAL, has been named winner of the CFI.co 2014 Awards…

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Islamic Finance

Institutions, individual investors can bank on sukuk structure

August 3, 2014

Since 2003, the global sukuk market has been experiencing a steady pace of growth. The Islamic finance assets could reach…

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Islamic Finance

Al Hilal Banks Ramadan Jood Bil Khair campaign donates AED 1 million to over 10 UAE charities

August 3, 2014

Al Hilal Bank, the progressive Islamic bank, once again celebrated Ramadan with a special campaign called 'Jood Bil Khair' ('do…

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Insurance

Majority shareholders selling out of Watania

August 1, 2014

The statement to the ADX did not elaborate on the size of the stakes being sold or on the names…

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Islamic Finance

Emirate of Sharjah mandates banks for debut sukuk

July 28, 2014

The emirate of Sharjah has appointed HSBC, National Bank of Abu Dhabi and Standard Chartered to manage a debut sukuk…

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Financial Results

Barwa Bank Net Profits Rise by 35% for the First Half of 2014

July 27, 2014

Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, announced financial results for the first half of 2014.…

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Islamic Finance

Jordan introduces sukuk rules

July 27, 2014

Regulators in Jordan have introduced a set of long-awaited rules for the issuance of sukuk, or Islamic bonds, paving the…

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Financial Results

ABC Islamic Bank net profit increases 25pc

July 27, 2014

lamic Bank yesterday announced that its net profit for the first half of this year was $7.5 million, 25 per…

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Comment & Analysis

New Issuances In Global Sukuk Record Strong Growth In 1H14

July 27, 2014

A newly released report “Global Sukuk Report 1H2014”, by Kuwait Finance House Research Limited (KFHR), analyses the developments and key…

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