Islamic Finance

Islamic Finance

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

June 19, 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

Linklaters advises Emaar Malls on debut $750 million Sukuk issue

June 19, 2014

Linklaters has advised the Emaar Malls Group LLC, a wholly-owned subsidiary of Emaar Properties PJSC, on its inaugural $750 million…

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Executive Moves

King & Spalding welcomes back Zaid Al-Farisi to their Islamic finance practice in Riyadh and Dubai

June 18, 2014

Working with Islamic Finance partners Isam Salah, Jawad Ali, Nabil Issa, Rizwan Kanji, Mike Rainey and Andrew Metcalf, Mr. Al-Farisi…

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Investment Banking

Meethaq forum highlights Zakat fund investment, inheritance

June 17, 2014

Meethaq, the Islamic banking from Bank Muscat, hosted a business forum, which highlighted the investment opportunities for Zakat funds and…

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Islamic Finance

Alizz Islamic Bank Conducts Two-Month Training Programme for New Employees

June 16, 2014

Alizz islamic bank is conducting a two-month intensive training programme for its new employees, in cooperation with the College of…

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Islamic Finance

Regional growth, global opportunities under spotlight at World Islamic Retail Banking Conference

June 16, 2014

Globally, Islamic banks are already serving c. 38 million customers which will be rising thus resulting in growth of Islamic…

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Islamic Finance

Islamic banks miss out on SME business opportunity across MENA

June 16, 2014

The countries covered by the IFC study are:  Iraq, Pakistan, Yemen, Kingdom of Saudi Arabia, Egypt,  Lebanon, Morocco,  Tunisia, and…

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Awards and Recognition

ADIB Again Named Best Islamic Bank in the UAE

June 16, 2014

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has been named "Best Islamic Bank in the UAE"…

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Islamic Finance

Sharjah Islamic Bank opens its new branch in Jebel Ali

June 16, 2014

Sharjah Islamic Bank has inaugurated its new branch in Jebel Ali, strengthening its presence on the local banking arena. The…

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Islamic Finance

World Bank's IFC considering return to sukuk market

June 16, 2014

 The International Finance Corp , the World Bank's lender to the private sector, is considering a return to the Islamic…

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Islamic Finance

Tier 2 sukuk more likely for Bahrain's Islamic banks under Basel III rules

June 16, 2014

The landscape of Islamic banking is changing along with the shifts in the global regulatory structure as a result of…

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FinTech

ADIB launches Dana MasterCard in association with Emirates Business Women Council

June 15, 2014

Abu Dhabi Islamic Bank, a top-tier Islamic financial services institution, has launched a new card specifically tailored for women customers…

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