Dubai to challenge London with Islamic financing platform
Dubai will compete with London for a share of Islamic banks' liquidity management business by offering a new platform for…
Islamic Finance
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Boubyan Bank leads $250 million Murabaha facility for Zain Group
Zain Group CEO Scott Gegenheimer said, "This Murabaha agreement at these preferential terms underscores the group's success in adopting a…
CBK turns to Islamic banking
The General Assembly of the Commercial Bank of Kuwait announced Wednesday it would be converting from traditional to Sharia-abiding banking.…
Barwa Bank initial mandated lead arranger on Ezdan debut syndication
Late in 2013 Ezdan took on a new direction by looking to strategically diversify their business. Ali Al-Obaidli,…
NBAD wins two Islamic Finance Awards
The National Bank of Abu Dhabi has won two awards at the recent Islamic Finance News Awards. Named the…
Primary issuance of GCC bonds, sukuk total $98 bn in 2013
The aggregate primary issuance of bonds and sukuk in the GCC totalled $97.7 billion in 2013, a 14.5 per cent…
Dubai launches Islamic Murabaha platform
Dubai has launched a new comprehensive Islamic Murabaha platform to provide local and regional banks with Shariah compliant financing solutions…
ITS completes upgrade of Kuwait International Bank's systems
ITS has announced the successful completion of an ICT project with Kuwait International Bank to upgrade its banking systems offering…
NBAD Wins Two Islamic Finance Awards
The National Bank of Abu Dhabi has won two awards at the recent Islamic Finance News Awards. Named the…
UAB and Just Wills to offer HNW clinets Shari’ah will-writing service in UAE
United Arab Bank (UAB) has partnered with Just Wills to launch a new end-to-end will-writing and registration service which are…
Meethaq signs 'Bancatakaful' agreement with Al Madina Takaful
Meethaq and Al Madina Takaful signed an agreement to provide insurance products (Bancatakaful) for Meethaq customers. The agreement facilitating…
Damac plan for $500m sukuk seal of confidence in Dubai property market
Damac is poised to benefit from Dubai’s property revival as the developer that offers free sports cars to luxury apartment…