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…
Islamic Finance
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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…
Barwa Bank opens Representative Office in Dubai International Financial Centre
Barwa Bank , Qatar's fastest growing Shari'ah compliant banking service provider, has announced the opening of a Representative Office in…
"DIB's 'Smart Bank' set to redefine customer service
Dubai Islamic Bank , the largest Islamic bank in the UAE, has announced the launch of "Smart Bank", in line…
The first Omani CEO of full-fledged Islamic bank
The Board of Directors of alizz islamic bank, one of the first Islamic banks in the country, has announced the…
Jeddah-Based IDB’s New Infrastructure Fund Aims To Help GCC Firms Expand
A new infrastructure fund from the Islamic Development Bank aims to help Gulf-based companies expand in Asia and Africa, developing…
Emirates NBD becomes a global leader in arranging USD Sukuk
Emirates NBD, the leading banking group in the region, has announced that its Investment Bank is ranked as the leading…