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…
Islamic Finance
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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…
Bank Muscat’s Islamic Unit Plans $300m Dual-Currency Sukuk Issue
The Islamic unit of Bank Muscat, Oman’s largest lender, plans a dual-currency U.S. dollar and rial sukuk issue worth around…
International conference brings together over 100 Islamic economy arbitrators, experts
The International Conference of Arbitrators and Experts in the Islamic Economy was organised last Thursday in Dubai, brought together some…
Bank Muscat's Islamic unit plans $300 mln dual-currency sukuk issue
The issue, which could carry tenors of between three and five years, would be part of a 500 million rial…
Dubai's DIB in talks for 40% stake in Indonesian lender
Dubai Islamic Bank, the largest sharia-compliant lender in the emirate, is in talks with a publicly-listed Islamic bank in Indonesia…
UAE regulator cuts minimum sukuk size, eases securities borrowing
The United Arab Emirates' financial market regulator has set new rules for Islamic and corporate bonds to encourage trading in…