Ethical banking to take over: Abu Dhabi Islamic Bank CEO
The chief executive of Abu Dhabi Islamic Bank, the largest Sharia-compliant bank in the United Arab Emirates, believes the banking…
Islamic Finance
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Swicorp assigns Shariyah Review Bureau as Shari’ah advisor to supervise Islamic fund
Daniel Schenker, Swicorp CEO, said, "Al Dhahawi Fund is the first in a series of Shari’ah compliant Fund’s which we…
KFH wins Best Islamic Bank in Kuwait, Middle East award by Emea Finance
The popular Emea Finance Magazine has awarded Kuwait Finance House Best Islamic Bank in Kuwait, Best Islamic Bank in Middle…
Al Hilal Bank launches fund to invest in global equities and sukuk
New offering aimed at emulating bank’s GCC Equity Fund’s impressive return of 55.89% since inception. Al Hilal Bank has…
SCA board okays rules on sukuk, bondsa
The Securities and Commodities Authority has approved regulations for sukuk and corporate bonds, a step which will pave the way…
Unisono wins major rebranding honours
Bahrain-based creative agency Unisono has received its fifth REBRAND 100 Global Award for its work rebranding Arab Link, a subsidiary…
Baby boom to drive Sukuk sales in global hubs
Islamic banks are reaping the benefits of a baby boom among Muslim families, encouraging global finance hubs including Hong Kong…
Bank Asya denies sukuk halt claims
Islamic lender Bank Asya has dismissed a report that claimed the bank’s Islamic bond issuance had been blocked by Turkey’s…
MEBL: no halt in growth!
The major growth drivers were massive reversals and a tremendous growth in non-funded income. According to Optimus Capital, Meezan…
Bank Asya denies sukuk halt claims
Islamic lender Bank Asya has dismissed a report that claimed the bank’s Islamic bond issuance had been blocked by Turkey’s…
UAE’s Islamic banks up the incentives
As the competition for retail customers intensifies in the UAE, banks are focusing their efforts to expand beyond their natural…
KHCB opens Zinj branch in new push
Bahrain-based Islamic retail bank Khaleeji Commercial Bank (KHCB) yesterday opened its eighth branch in the kingdom, in the Zinj area,…