Takaful chairman steps down
The Chairman of Islamic insurer Abu Dhabi National Takaful Co. (Takaful) resigned on Tuesday, according to a statement on the…
Islamic Finance
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LMC registers net profit of $2.10m
Liquidity Management Centre (LMC), a Bahrain-based wholesale Islamic bank, has reported a net profit of $2.10 million for the second…
Turkey’s Babacan Says Gov Wants Ziraat to Purchase Bank Asya
Ali Babacan, deputy Turkish Prime Minister, said the government would support state bank TC Ziraat Bankasi AS buying Asya Katilim…
Astra Industrial Group announces obtaining a Islamic Banking Facilities
Astra Industrial Group announces the signing of Islamic Banking Facilities agreement with The Saudi British Bank as following: 1.loan…
Dubai: pretender to the Shari’a finance crown
Since its establishment as a viable financial market in the 1980s, the Islamic finance industry has experienced staggering growth. In…
Islamic economy opens new horizon
This was disclosed in a report prepared by Dubai Islamic Economy Development Centre (DIEDC) in partnership with Thomson Reuters and…
Al Baraka and World Bank to begin research on risk-management challenges facing Islamic banking
Mr. Abayomi Alawode, Head of Islamic Finance at the World Bank Al Baraka Banking Group has announced its collaboration with…
Saudi Solidarity Takaful Company decides to take the automation of its operations to another level with ESKADENIA Software.
After going through a long phase of software evaluations, Saudi Solidarity Takaful Company choses ESKADENIA Software , the region's leading…
BIBF signs MoU for Islamic Banking MBA with University of Bolton (UK)
BIBF has signed an MoU with the University of Bolton (UK) to develop an MBA in Islamic Banking. As…
Dubai Islamic Bank provides AED 360 million financing facility to Union Properties
Dubai Islamic Bank, the largest Islamic Bank in the UAE, has announced today that it has signed an agreement with…
Path Solutions is the 2014 Global Winner of the CFI.co Award for 'Best Sharia-Compliant Banking Systems'
Path Solutions is proud to announce that its flagship product iMAL, has been named winner of the CFI.co 2014 Awards…
Institutions, individual investors can bank on sukuk structure
Since 2003, the global sukuk market has been experiencing a steady pace of growth. The Islamic finance assets could reach…