UAE renews agreement with Islamic Development Bank
Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and the Head of the UAE…
Islamic Finance
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Airbus to Launch Shariah-Compliant Aircraft Fund
The Airbus Group NV senses an opportunity. It has teamed up with financial institutions in the Middle East to raise…
National Bonds Corp appoints new Sharia Supervisory board members
The Sharia board will also review and evaluate the NBC’s contracts, agreements, policies, yearly reports, financial reports, as well as…
Islamic Development Bank Approves USD 447.6 mln for Projects in Member States
The Islamic Development Bank (IDB) on Monday approved USD 447.6 million towards financing several new development projects in a number…
Sukuk will feature in liquidity guidance given to Islamic banks -IFSB
The Malaysia-based Islamic Financial Services Board (IFSB) will issue draft guidance by year-end on how Islamic banks, which face a…
World Islamic Economic Forum to celebrate 10th anniversary in Dubai with focus on innovative partnerships
Dubai Chamber and the WIEF Foundation have announced that the 10th World Islamic Economic Forum will be organised in Dubai…
Temenos tops Islamic banking sales league table
Temenos today announces that it has topped IBS Journal’s Islamic banking core system league table of new name sales in…
QIB wins 'Islamic Bank of the Year' award
Qatar Islamic Bank (has been awarded for the second straight year the "Islamic Bank of the Year" award by The…
ADIB & Thomson Reuters announce global awards for ethical finance and Islamic banking innovation
Following the success of the inaugural Ethical Finance Innovation Challenge and Awards in 2013, Abu Dhabi Islamic Bank and Thomson…
Banque Saudi Fransi says completes 2 bln riyal capital-boosting sukuk
Banque Saudi Fransi, the kingdom’s fourth-largest listed lender, has completed a capital-boosting sukuk issue worth 2 billion riyals ($533 million),…
The largest Islamic economic gathering celebrates 40 years of dedicated service
Under the patronage of Custodian of the Two Holy Mosques, King Abdullah bin Abdul Aziz Al Saud, the Islamic Development…
Central Bank of Bahrain: Monthly Sukuk Al-Ijara got BD 82m orderbook for BD 20m issuance
Subscriptions worth BD 82 million were received for the BD 20 million issue, which carries a maturity of 182 days.…