Ezdan Holding acquires more than 20% of Islamic Holding Group shares
Ezdan Holding Group has acquired more than 20% of Islamic Holding Group shares through the Qatar Exchange. IHG Group’s…
Islamic Finance
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QIB wins 3 awards from Islamic Finance News
Qatar Islamic Bank (QIB) took home three awards from the Islamic Finance News (IFN), it was announced. Based on…
First Gulf Bank To Set Up $1.07bn Sukuk In Malaysia
Abu Dhabi’s First Gulf Bank, the third-largest bank by assets in the United Arab Emirates, will raise 3.5 billion ringgit…
Seeking sukuk success
The market for Islamic bonds, known as sukuk, is growing. Last year, the British Prime Minister David Cameron said…
Dubai’s DMCC to boost Islamic commodity trade with tie-ups
The Dubai Multi Commodities Centre aims to boost activity on its sharia-compliant commodity trading platform by partnering with a global…
Bahrain’s minister lauds Islamic banking growth in Pakistan
HRH Shaikh Ebrahim Bin Khalifa Al-Khalifa, Bahrain’s Minister for Housing and Chairman Board of Directors Meezan Bank Ltd., has said…
Turkey keen to grow Islamic finance: Borsa Istanbul chief
The global financial crisis has highlighted the potential for Islamic financial products, an industry which has achieved the rapid growth…
World Finance names QFB chief ‘Banker of the Year’
World Finance magazine has named Qatar First Bank newly-appointed acting chief executive officer as “Islamic Banker of the Year for…
Bahrain's Al Salam Bank launches Asian Islamic REIT
Bahrain's Al Salam Bank has launched a listed sharia-compliant real estate investment trust that will invest in a portfolio of…
Dr. Adnan Chilwan named "Banking CEO of the Year" at Indian CEO Awards 2014
Dr. Adnan Chilwan, Chief Executive Officer of Dubai Islamic Bank , has been named "Banking CEO of the Year" at…
Islamic banking opens a new window of opportunities
Omani banks have started offering Islamic banking services following the introduction of the Islamic Banking Regulatory Framework in December 2012.…
Noor Bank Set to Roll-Out Innovative Commodity Murabaha Transaction Services for Corporate and SME Clients
Noor Bank has successfully processed online commodity murabaha financing transactions worth approximately AED 14 million for one of its large…