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…
Islamic Finance
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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…
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…
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…