Islamic Finance

Comment & Analysis

Moody's affirms Qatar International Islamic Bank’s ratings Li

May 22, 2014

Moody's affirmation reflects QIIB's strong capitalisation, liquidity and funding profile. These strengths are moderated by high borrower and sector concentrations…

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Hedge Funds & Alternative Investments

Moody’s assigns Bank AlBilad stable outlook

May 21, 2014

Moody's Investors Service has assigned Tuesday to Bank AlBilad  local and foreign currency deposit ratings of A2/Prime-1 and a standalone…

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Islamic Finance

Islamic banking growth in Egypt seen at 50% in 2014

May 21, 2014

Islamic banking in Egypt is set to grow by 50% this year, fuelled by increased demand from Gulf companies and…

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Investment Banking

ADIB studies dropping ‘Islamic’ in rebranding international business

May 21, 2014

Abu Dhabi Islamic Bank is studying the possibility of rebranding its international operations to downplay its Sharia-compliant label and instead…

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Islamic Finance

DIFC partners with Dar Al Sharia to offer free short course on Islamic finance

May 21, 2014

The new DIFC move is in line with the noble initiative taken by HH Sheikh Mohammed Bin Rashid Al Maktoum,…

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Islamic Finance

Abu Dhabi Islamic Bank inks $2b debt overhaul agreement

May 21, 2014

Abu Dhabi Islamic Bank, the second-biggest Sharia-compliant lender in the United Arab Emirates, agreed a $2 billion debt overhaul with…

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FinTech

Bank Sohar Launches Sohar Islamic Microsite

May 21, 2014

Bringing excellence closer to Islamic banking customers, Bank Sohar is proud to have launched a dedicated Sohar Islamic corporate website…

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Investment Banking

Mall Built on Saudi Sand Spells Sukuk Success: Islamic Finance

May 21, 2014

Dar Al Arkan’s third Islamic bond sale in a year is attracting buyers as investors bet the Saudi Arabian company’s…

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Islamic Finance

Turkish business bloc chief calls for Islamic financial system

May 21, 2014

Nail Olpak, the head of Turkey's Independent Industrialists and Businessmen’s Association a cooperation of conservative investors has coined the term…

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Islamic Finance

Prime Minister of Mauritius Delivers Keynote Address at the 11th Islamic Financial Services Board's Summit

May 21, 2014

he Islamic Financial Services Board launched its 11th Annual Summit with a Keynote Address by Dr. The Hon. Navinchandra Ramgoolam,…

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Islamic Finance

GFH plans reduction of capital

May 20, 2014

Bahrain-based Gulf Finance House expects to complete a proposed capital reduction by the end of the second quarter, the Islamic…

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Comment & Analysis

HSBC sees UAE’s growth enhancing sukuk outlook

May 19, 2014

UAE borrowers will help revive regional sukuk sales this year from the slowest start since 2011 as the economy gains…

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