Islamic Finance

Awards and Recognition

World Islamic Economic Forum to celebrate 10th anniversary in Dubai with focus on innovative partnerships

June 24, 2014

Dubai Chamber and the WIEF Foundation have announced that the 10th World Islamic Economic Forum will be organised in Dubai…

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Awards and Recognition

Temenos tops Islamic banking sales league table

June 24, 2014

Temenos  today announces that it has topped IBS Journal’s Islamic banking core system league table of new name sales in…

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Awards and Recognition

QIB wins 'Islamic Bank of the Year' award

June 24, 2014

Qatar Islamic Bank (has been awarded for the second straight year the "Islamic Bank of the Year" award by The…

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Awards and Recognition

ADIB & Thomson Reuters announce global awards for ethical finance and Islamic banking innovation

June 23, 2014

Following the success of the inaugural Ethical Finance Innovation Challenge and Awards in 2013, Abu Dhabi Islamic Bank and Thomson…

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Islamic Finance

Banque Saudi Fransi says completes 2 bln riyal capital-boosting sukuk

June 23, 2014

Banque Saudi Fransi, the kingdom’s fourth-largest listed lender, has completed a capital-boosting sukuk issue worth 2 billion riyals ($533 million),…

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Islamic Finance

The largest Islamic economic gathering celebrates 40 years of dedicated service

June 23, 2014

Under the patronage of Custodian of the Two Holy Mosques, King Abdullah bin Abdul Aziz Al Saud, the Islamic Development…

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Hedge Funds & Alternative Investments

Central Bank of Bahrain: Monthly Sukuk Al-Ijara got BD 82m orderbook for BD 20m issuance

June 23, 2014

Subscriptions worth BD 82 million were received for the BD 20 million issue, which carries a maturity of 182 days.…

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Islamic Finance

Six new members join ADFIMI

June 23, 2014

The 30th General Assembly of the Association of National Development Finance Institutions announced the acceptance of six new members of…

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Islamic Finance

Al Hilal Bank plans $500m capital-boosting sukuk

June 23, 2014

Abu Dhabi's Al Hilal Bank plans to raise $500 million from a capital-boosting Islamic bond issue, a document from lead…

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Investment Banking

Saudi's Al Rajhi Capital to launch first sukuk fund

June 20, 2014

The investment banking arm of Saudi Arabia's Al Rajhi Bank has received regulatory approval for its first mutual fund that…

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Islamic Finance

Federated to sub-advise 1st Shari’ah-compliant, US fixed-income fund

June 19, 2014

"We understand the trust given to us as managers of this unique portfolio," said Ihab Salib, Federated Vice President and…

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Islamic Finance

Turkish bank Kuveyt Turk plans benchmark five-yr sukuk on Thurs – leads

June 19, 2014

Turkish participation bank Kuveyt Turk plans to price a benchmark-sized Islamic bond issue on Thursday after giving initial price thoughts…

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