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…
Islamic Finance
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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…
Qatar takaful sector faces tough competition
Growth in Qatar's Islamic insurance industry will be fuelled mainly by heavy investment in the country's infrastructure, a rise in…
Dubai aims to import Islamic finance courses from Malaysia
Dubai is hoping to attract academic courses in Islamic finance from Malaysia as it aims to become the global hub…
Call to explore options of Islamic banking
Muscat a seminar on Islamic banking heard calls for realising the system’s full potential for retail banking and for exploring…
Saudi-Malaysia bourses in deal to develop Islamic financial services
Malaysia and Saudi Arabia, the world’s two largest Islamic financial services markets, formed ties to help the industry grow at…
Major Moroccan banks, BMCE, BCP, plan Islamic offshoots
Two of Morocco's biggest banks, BMCE and BCP are preparing to launch Islamic subsidiaries as the Moroccan parliament discusses a…
‘More sukuk needed to maintain liquidity’
Tapping into reasonably good demand for Sharia-compliant products in the Sultanate, Shaikh Abdullah bin Salem Al Salmi, executive president of…
Alizz is first Islamic bank to launch mobile banking app
Alizz islamic bank officially launched a free mobile banking application to provide better services to customers, becoming the first Islamic…