Islamic funds lose their lustre
Sharia-compliant funds’ asset base dropped by more than 10 per cent last year as the Islamic finance industry struggled to…
Islamic Finance
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NBAD Sukuk Income Fund delivers dividend
The National Bank of Abu Dhabi’s Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 2.87%…
First Finance Company wins "Best Business Finance Company" at The Banker Middle East Industry Awards 2014
This is the third consecutive year FFC has received award recognition from CPI Financial for its comprehensive range of Shari'ah…
UAE's Al Hilal Bank eyes capital-boosting sukuk issue – leads
Abu Dhabi government-owned Al Hilal Bank may sell a benchmark-sized Tier 1 capital-boosting sukuk after announcing plans to meet fixed…
Dubai's Emaar Malls tightens guidance for 10-year sukuk
The malls unit of Dubai's Emaar Properties tightened the pricing guidance for its 10-year sukuk to 190 basis points over…
Brunei offered help to develop Islamic finance
Kuwait Finance House-Bahrain has offered assistance in developing its Islamic finance industry to a visiting high-level delegation from Brunei. …
Islamic banking terms in personal loans explained
If you’ve been scouting around for a good personal loan plan you probably would have come across many Syariah-compliant loans:…
SFC wins Deal of the Year Award from FT’s Banker magazine
SFC continued its achievements and won Deal of the Year award for 2014 from the Banker magazine of the Financial…
ITS Successfully Launches State-of-the-Art Shari’ah Compliant Financial Solution for Barwa Bank in Qatar
ITS (International Turnkey Systems), a regional ICT provider that specializes in supplying Islamic Banking technology, today announced the completion of…
Al Wifaq Finance Company joins the DMCC Tradeflow platform
Al Wifaq Finance Company , the Islamic subsidiary of Union National Bank has joined the DMCC Tradeflow platform, in order…
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…
QIIB Named 2014 Best Islamic Bank In Qatar
Qatar International Islamic Bank has been named 2014 Best Islamic Bank in Qatar by London based Capital Finance International, Qatar…