Bahrain EDB and ICD link up to promote SME growth
The Bahrain Economic Development Board (EDB) and the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector…
Islamic Finance
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Bahrain EDB & ICD partner in Islamic finance for SMEs
The Bahrain Economic Development Board (EDB) and the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector…
Oman insurance regulations credit positive, says Moody’s
The draft Takaful law of Oman’s Capital Market Authority proposing companies wishing to operate as a Takaful entity in the…
Azzad Clients Expected to Donate a Record $3 Million to Charity this Ramadan
Azzad Asset Management, advisor to the Azzad Funds and sponsor of the Azzad Ethical Wrap Program, announced today that it…
Moody’s Shows Sharjah Coming of Age With Sukuk
As Dubai works toward its ambition of becoming the global capital of the burgeoning Islamic economy within three years, neighboring…
Qatar’s Islamic banks continue on growth path
Islamic banks in Qatar are gaining strength, with sharia-compliant lenders outperforming their conventional counterparts in many areas during 2013, despite…
Kuwait’s CBK gets approval to raise up to 120m dinars via bonds
Commercial Bank of Kuwait, the Gulf state’s fifth-largest lender by assets, has received regulatory approval to issue up to 120…
Islamic bonds ‘Sukuk’ and the capital market
Sukuk are investment-financial tools, which considered as Islamic bonds, issued by any Islamic bank (IB). As it is the case…
Meethaq signs MoUs to promote Islamic banking in Oman
Meethaq, a pioneer in Islamic banking in Oman and a subsidiary of Bank Muscat, the Islamic Development Bank (IDB) and…
Standard Chartered Saadiq inaugurates its first Islamic Banking Centre in the UAE
The Bank aims to bridge the service and distribution gap between Islamic and Conventional Banking Coinciding with the beginning…
Noor Bank to create a niche for itself in priority banking
At a time when every bank in the UAE is competing for a share of high net worth customers, Noor…
AlKhair Capital successfully manages the last listings of Dar Al Arkan sukuk
AlKhair Capital Dubai, has successfully managed the last listing of Sukuk by the top Saudi property developer Dar Al Arkan…