CBB Sukuk Al-Salam Securities oversubscribed by 306%
The Central Bank of Bahrain yesterday announced that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD…
Islamic Finance
6034 articles found
Saudi Market Surprise Sparks Speculation of Sukuk Access
Saudi Arabia’s plan to open its $531 billion stock market to foreigners is prompting speculation that Islamic bonds will be…
FGB Net Profit up 21% in the First Half of 2014 Confirming Strong Earnings Momentum
FGB, one of the leading banks in the UAE, announced its H1'2014 financial results, showing continued and solid performance across…
Islamic banking held back by lack of liquidity in market
Fadi Yazbeck, Product Manager for Islamic Banking at Temenos, represented technology vendors at the Dubai Islamic Economic Roundtable Series 2014…
Refile- Turkiye Finans raises $252 mln from first sukuk issuance in Malaysia
Turkish lender Turkiye Finans Katilim Bankasi has raised 800 million ringgit from an Islamic bond in Malaysia, its first issuance…
Kuwait's KFH reports 6.4% rise in Q2 net profit
Kuwait Finance House, the country's biggest Islamic lender, reported a 6.4 percent rise in second-quarter net profit on Monday, slightly…
Sharjah Islamic Bank announces a 50% rise in first half net profit
Sharjah Islamic Bank (SIB) on Monday reported 50 per cent increase in its first half 2014 net profits to Dh202.1…
Heaven’s Bankers: Inside the Hidden World of Islamic Finance
Is sharia-compliant banking just a way of twisting the rules? Even those who assume to know something about sharia –…
Kuwait's CBK faces hurdles as it converts to Islamic bank
Commercial Bank of Kuwait (CBK) was granted permission by the Central Bank of Kuwait to issue KWD 120 million (USD…
Dubai Chamber report highlights growing popularity of Islamic finance over conventional sector
As the emphasis on low risk product alternatives kept the sector insulated from the financial meltdown, Islamic banking products and…
UAE Islamic banking assets crossed $95b in 2013
The UAE is emerging as a serious player in the Islamic banking market with total Islamic banking assets growing to…
Abu Dhabi Islamic Bank Q2 Net Profit Jumps 22.6%
Abu Dhabi Islamic Bank, the largest sharia-compliant lender in the emirate, beat analysts’ estimates on Sunday as it posted a…