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…
Islamic Finance
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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…
ADIB wins Best UAE Islamic Bank Award for the fifth year running
Abu Dhabi Islamic Bank, a top-tier financial institution, has been awarded Best Islamic Bank in the UAE for the fifth…
‘KIB’ Receives Best Islamic Bank Award
Kuwait International Bank “KIB” added a new achievement and honor to its track record after receiving Best Islamic Bank 2014…
Bank Muscat’s sukuk issue seen by September
The proposed sukuk issue of Bank Muscat, which is going to be the first Islamic bond or sukuk issue of…
Bahrain eyes external sharia audits for Islamic banks
Bahrain's Waqf Fund, a non-profit body set up by the central bank, has proposed mandatory external sharia audits for Islamic…
Ithmaar Bank reports loss after provisions, but core business continues to grow
Bahrain-based Ithmaar Bank reported a net loss of BHD 29.9 million in 2013, compared to a net loss of BHD…