Noor Bank announces new Head of Marketing and Corporate Communication
Noor Bank has announced the appointment of Paul Mampilli as Head of Marketing and Corporate Communication. In his role, Paul…
Islamic Finance
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New product launched by KFH-Bahrain
Kuwait Finance House - Bahrain yesterday announced the launch of a new personal financing product based on a Sharia compliant…
Al Hilal Bank offers USD500m additional Tier 1 sukuk capital
Al Hilal Bank has successfully priced USD 500 million Perpetual Additional Tier 1 sukuk certificates, marking the first Tier 1…
Saudi bank launches USD2bn infrastructure fund
Saudi Arabia-based Islamic Development Bank has launched a USD2bn infrastructure fund that aims to invest in projects across the Muslim…
Key Turkey fund setback for Ithmaar Bank
Bahrain-based Islamic retail bank Ithmaar Bank has announced that its Shamil Bosphorus Modaraba fund would not achieve its investment objectives…
The main principles of Islamic treasury management
The day of a treasury function in an Islamic bank means having activities relating liquidity and foreign exchange management, i.e.…
Inovest names new CEO
Bahrain-based investment company Inovest yesterday announced the appointment of Nabeel Al Tattan as its new chief executive. Mr Al…
Abu Dhabi fund ADIA bullish on infrastructure, alternative investments
Abu Dhabi Investment Authority, one of the world's largest sovereign wealth funds, is bullish on infrastructure and alternative investments in…
King & Spalding advises Kuveyt Turk on $500 million Senior Unsecured Certificates
King & Spalding advised Kuveyt Turk Katilim Bankasi A.S. (Kuveyt Turk), one of the leading Turkish participation banks, on the…
United Arab Bank signs $100 million Murabaha syndication deal
Al Hilal Bank, headquartered in the UAE, served as the Mandated Lead Arranger and Bookrunner for the deal, while the…
Latham & Watkins Advises on SAR2bn sukuk for Banque Saudi Fransi
Latham & Watkins advised Banque Saudi Fransi , a leading lender in Saudi Arabia, in connection with its SAR2 billion…
Al Baraka Turk participation Bank issues successfully USD350 million Islamic sukuk
Al Baraka Banking Group announced that its Turkish subsidiary, Al Baraka Turk Participation Bank, has successfully completed an issuance of…