ICD lists Sukuk and conventional bond on NASDAQ Dubai
The listing raises the total value of Sukuk listed on Dubai’s exchanges to USD 21.08 billion. Dubai is the world’s…
Islamic Finance
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Turkey's Ziraat Bank may be interested in buying Islamic bank Bank Asya
Turkey's State-owned Ziraat Bank may be interested in buying Islamic bank Bank Asya, whose owner is known to have close…
Warba Bank named Best New Bank in the Middle East for 2014
Warba Bank has been named, according to Banker Middle East Magazine, the "best new bank in the Middle East" from…
UAE Banks Federation begins the implementation of Mobile Wallet
The UAE Banks Federation (UBF) on Wednesday formally launched the implementation of the Mobile Wallet project. The project, comprehensive digital…
Celebrating the financiers creating a prosperous future for the Middle East
The annual Banker Middle East Industry Awards is the Middle East’s foremost gathering of key players within the banking and…
IDB, World Bank to partner in development
Presidents of Islamic Development Bank (IDB) and World Bank, Dr. Ahmad Mohammad Ali and Jim Kim respectively, agreed to build…
Islamic Development Bank and World Bank Presidents Eye More Extensive Cooperation with a Focus on Education
Islamic Development Bank (IDB) President Dr. Ahmad Mohamed Ali, and World Bank President, Jim Yong Kim, discussed on Monday enhancing…
Sukuk pipeline for this year looks promising
The Sukuk market, and fixed income market as a whole in the GCC, does not have the same feel it…
Sukuk Commentary : Jason Kabel, Director of Fixed Income, Bank of London and the Middle East
Over the past month we have seen a couple of new Sukuk issuances. Firstly the Investment Corporation of Dubai's (ICD)…
Brazil Targeting Mideast Riches With First Islamic Fund
Banco do Brasil SA, Latin America’s biggest bank by assets, is courting investors in the Middle East and Asia as…
Islamic Bank of the Year Awards 2014
As Islamic finance continues to grow and the market matures, the products and services it provides continue to innovate and…
Europe's largest Islamic bank arranges US$15m Islamic Finance facility for Virgin Mobile Middle East & Africa
BLME, Europe's largest Islamic bank, announced today that it has concluded a US$15 million senior secured facility for Virgin Mobile…