Global sukuk issuance hit USD 13.4 billion in April
Kuwait Finance House (KFH) announced on Friday(May 9th) the global primary sukuk market has begun 2Q 2014 on a solid…
Islamic Finance
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Winners of The 2014 IDB Prize in Islamic Banking and Finance announced
The Islamic Development Bank has announced Shaikh Muhammad Taqi Usmani from Pakistan and Professor Dr. Rodney Wilson from the United…
Turkey's Albaraka bank mandates banks for maximum $500 mln sukuk issue
Turkish participation bank Albaraka, owned by Bahrain-based Islamic lender Al Baraka, mandated banks for a sukuk issue worth maximum $500…
NCB Capital successfully closes subscriptions to AlAhli SEDCO Residential Development Fund
NCB Capital, the GCC’s leading provider of wealth management services and Saudi Arabia's largest asset manager, has announced that it…
Tajweez Advisory Launches Islamic Finance Leadership Academy
IFLA is described as an e-learning platform where Islamic Finance enthusiasts study to become incredibly knowledgeable, skillful, and confident leaders.…
KFH honours Fatwa and Sharia Control members Al-Nashmi, Al-Mathkour
Kuwait Finance House Chairman Hamad Al-Marzouq honoured former Fatwa and Shariah Control members scholars Dr. Ojail Al-Nashmi and Dr. Khaled…
ADCB wins three awards at the Banker Middle East Product Awards 2014
Abu Dhabi Commercial Bank, for the fourth year in a row has received recognition for its SME offering; winning "Best…
Banks lift UAE, Qatar markets; Saudi Arabia bourse retreats
Banking stocks helped Qatar close at a fresh all-time high on Monday and lifted the markets in the United Arab…
Saudi Arabian bank opens Malaysia office
Islamic Development Bank the Saudi Arabia-based multinational lender, is seeking to boost trading in Syariah-compliant products by opening an office…
DIB in talks for Indonesia buy as profit doubles
The chief executive of Dubai Islamic Bank said on May 01 it was in talks to buy a 40 percent…
DAMAC launches Shari’ah-Compliant Hotel Apartments
Constella is a luxury tower under construction in Jumeirah Village. The full management of the project will be carried out…
ADCB awarded two prominent awards by the Asian Banker
At the Asian Banker Awards ceremony, held on Wednesday April 30th, 2014 in Dubai, Abu Dhabi Commercial Bank received two…