Islamic finance body IIFM eyes first sukuk standard -CEO
The Bahrain-based International Islamic Financial Market (IIFM) will develop its first standard contract template for sukuk (Islamic bonds), and aims…
Islamic Finance
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Dubai gov't plans to sell sukuk of at least $500m
The government of Dubai plans to sell a benchmark-sized, US dollar-denominated sukuk with a lifespan of 15 years on Tuesday,…
New Malaysia-Japan fund will help Japanese SMEs enter halal markets
The easiest way to increase availability of halal food and other products within the broader Islamic economy is to show…
National Bank of Oman’s net profit rises by 20 per cent
National Bank of Oman on Sunday said its net profit for the first quarter of 2014 soared 20 per cent…
Emirates Islamic launches value-added salary transfer packages
Emirates Islamic has announced the launch of two new feature-loaded packages, which include a bouquet of free products and additional…
KFH posts KD 71 mln in 1Q net profits
KFH Chairman Hamad Al-Marzouq said his bank had achieved gross profits of KD 71.012 mln for the first quarter of…
Double win for Emirates Islamic at Banker Middle East Product Awards 2014
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, recently won two awards at the CPI FinancialBanker…
Emirates Islamic wins at Banker Awards
Emirates islamic recently won two awards at the cpi financial banker middle east product awards 2014. The bank was…
Sharjah Islamic Bank profits up 30% in first quarter
Sharjah Islamic Bank on Wednesday reported net profits Dh110 million for the first quarter of 2014, up 30 per cent…
KFH-Bahrain backs key forum
Kuwait Finance House - Bahrain was the Gold Sponsor of the 13th Annual Sharia Conference. The event was held…
‘In banking, go big or go home’, says ADIB chief behind turnaround
When Tirad Al Mahmoud was offered the post of chief executive of Abu Dhabi Islamic Bank in 2007, Sharia-compliant lenders…
Maisarah signs partnership with Al Madina Takaful
Maisarah Islamic Banking Services, the Islamic banking window of BankDhofar, continues to work towards providing Sharia'a compliant financial solutions and…