Mindanao peace deal paves way for Mideast investors
The long-anticipated peace deal between the Philippine government and the main rebel group in the Muslim-dominated southern Philippine island of…
Islamic Finance
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Sunny Skies For Middle Eastern Dealmakers
The Middle East may present political challenges, but dealmakers anticipate that 2014 will be the year M&A flourishes in the…
Bank Asya shares skyrocket after trading resumes
Bank Asya, which had seen its shares jump by over 44 percent after Qatar Islamic Bank said on Tuesday it…
Switching operations: Faysal Bank to turn to the Islamic banking system
Faysal Bank is going to turn itself into a full-fledged Shariah-compliant institution in the next two to three years. …
Jordan Islamic Bank's profit increases 26pc to $91.3 million
Jordan Islamic Bank (JIB), a subsidiary banking unit of Al Baraka Banking Group, achieved a growth of 26.3 per cent…
Meethaq, KFH-Bahrain sign MoU to promote Islamic banking
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Kuwait Finance House — Bahrain, signed a memorandum…
Asset growth boosts Al Hilal Bank’s 2013 profits
Abu Dhabi-based Al Hilal Bank net profit for 2013 rose 42 per cent to Dh441.4 million compared to the Dh310.3…
Dubai's Damac picks banks for potential sukuk issue
Dubai developer Damac Real Estate will meet investors in Singapore, the United Arab Emirates and London from March 28 for…
QIB eyes stake in Bank Asya
Qatar Islamic Bank, Qatar’s leading Islamic bank, yesterday confirmed that it has entered into exclusive discussions to acquire a strategic…
‘Islamic charity funds underused anti-poverty tool’
Lack of professional management and poor book-keeping are keeping idle billions of dollars worth of assets held by Muslim charitable…
QIB named ‘Best SME Islamic Finance Provider’ in Qatar
A year after launching its “Aamaly Programme,” QIB has again been named “Best Islamic Bank in Qatar” and “Best SME…
QInvest wins "Qatar Deal of the Year" for US$ 1.25 billion Ooredoo sukuk
QInvest , Qatar's leading investment bank and one of the most prominent Islamic financial institutions in the world, was recognised…