Mall Built on Saudi Sand Spells Sukuk Success: Islamic Finance
Dar Al Arkan’s third Islamic bond sale in a year is attracting buyers as investors bet the Saudi Arabian company’s…
Islamic Finance
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Turkish business bloc chief calls for Islamic financial system
Nail Olpak, the head of Turkey's Independent Industrialists and Businessmen’s Association a cooperation of conservative investors has coined the term…
Prime Minister of Mauritius Delivers Keynote Address at the 11th Islamic Financial Services Board's Summit
he Islamic Financial Services Board launched its 11th Annual Summit with a Keynote Address by Dr. The Hon. Navinchandra Ramgoolam,…
GFH plans reduction of capital
Bahrain-based Gulf Finance House expects to complete a proposed capital reduction by the end of the second quarter, the Islamic…
HSBC sees UAE’s growth enhancing sukuk outlook
UAE borrowers will help revive regional sukuk sales this year from the slowest start since 2011 as the economy gains…
Global Islamic banking assets to exceed $3.4trn by 2018, says EY
Global Islamic banking assets with commercial banks are on course to exceed US$3.4 trillion by 2018, fueled by growing economic…
Dubai Islamic Bank to Buy 25% of Indonesian Lender
Dubai Islamic Bank on Monday said it would buy a quarter of Indonesian lender Bank Panin Syariah as part of…
Bahrain central bank finalising rules for Islamic advisory firms
Bahrain's central bank is finalising rules for the supervision of sharia-compliant advisory firms, part of a wider overhaul of standards…
Bahraini bank Al Baraka plans sukuk in South Africa, Pakistan
Bahrain-based Al Baraka Banking Group said it is considering issuing subordinated Islamic bonds through its South African and Pakistani units…
Saudi's Dar Al Arkan to hold investor call Tuesday, eyes sukuk
Saudi Arabia's Dar Al Arkan Real Estate Development Co will hold talks with international investors on Tuesday as it attempts…
Alizz Islamic Bank wins ‘Best Branch Automation’ award
Alizz islamic bank SAOG, Oman’s newest Islamic Bank today announced that it has won the ‘‘Best Branch Automation Project Award…
ADIB-Barclays deal in second half of 2014
Abu Dhabi Islamic Bank, or ADIB, is expected to conclude its retail business deal with Barclays in the second half…