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…
Islamic Finance
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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…
ADIB Securities joins NASDAQ Dubai's expanding market as equities trading Member
Membership of NASDAQ Dubai will enable ADIB Securities to extend the reach of its Sharia'a-compliant trading platform, giving clients access…
Emirates Islamic hosts UAE national SME owners meet with focus on achieving targeted growth
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, recently organised a meeting for UAE national SME…
Banque Saudi Fransi plans $533 million sukuk by end-June – banking sources
Banque Saudi Fransi plans to sell a capital-boosting Islamic bond worth around 2 billion riyals two banking sources aware of…
Banque Saudi Fransi plans $533 mln sukuk by end-June – banking sources
Banque Saudi Fransi plans to sell a capital-boosting Islamic bond worth around 2 billion riyals ($533 million), two banking sources…
Islamic banks turning toward Basel III sukuk
The gradual implementation of Basel III accords since Jan. 1, 2013 has led to Islamic banks turning toward issuing Basel…