Islamic finance offers strong prospects for professional growth
Finance professionals looking for a change in their career might do well to consider working for an Islamic bank or…
Islamic Finance
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Dubai Plans to Set Up World’s First Shariah-Compliant Ex-Im Bank
The government of Dubai is considering setting up an export and import bank, the first time such a body would…
Saudi Investment Bank picks Riyad to arrange sukuk – sources
Saudi Investment Bank has picked the investment banking arm of Riyad Bank to arrange a subordinated Islamic bond issue, banking…
Ithmaar Bank plans operational transformation to improve cost efficiencies, increase retail growth
Bahrain-based Ithmaar Bank reports that its Board of Directors has initiated several measures aimed at turning the bank around in…
Bahrain's GFH eyes share capital reduction, convertible sukuk
Bahrain-based Gulf Finance House will seek shareholder approval later this month for a potential reduction in share capital and to…
Dubai Mulls New Islamic Export-Import Bank To Boost Trade
Dubai’s Department of Economic Development is studying the viability of establishing a new sharia-compliant Export-Import Bank to support the emirate’s…
QFIS and Derasat sign deal to boost Islamic banking research
Qatar Faculty of Islamic Studies at the Hamad bin Khalifa University has signed a memorandum of understanding with Derasat Company…
GCC sukuk sales on track to outperform traditional bond issues
Volumes of sukuk sales are likely to outperform conventional bond issuance in the GCC in the first quarter as record…
Rising infrastructure, corporate sukuk issuance to boost Gulf capital markets
Increasing corporate and infrastructure sukuk issuance could lift the Gulf’s capital markets, Standard & Poor’s Rating Services said in its…
Norton Rose Fulbright advises IsDB on largest ever drawdown under its US$10 billion Sukuk programme
Global legal practice Norton Rose Fulbright has advised the Islamic Development Bank (IsDB) on its record issuance of US$1.5 billion…
ABG units win top Islamic finance award
Bahrain-based Islamic banking group Al Baraka Banking Group announced that three of its units won 'Islamic Finance News Awards 2013'…
Acting CEO Of Islamic Bank Resigns
Jamal Darwiche, acting CEO of alizz islamic bank, has resigned from his position, according to a bank disclosure to the…