ABC Islamic Bank net profit up 48pc
ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, has posted a net profit of $12.2 million for 2013,…
Islamic Finance
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Islamic Development Bank aims to price benchmark sukuk on Thursday
Islamic Development Bank is aiming to price a benchmark-sized Islamic bond issue on Thursday after releasing initial price guidance for…
Al Hilal Bank wins two major prizes at 2013 Islamic Finance News Awards
Al Hilal Bank emerged as one of the most awarded institutions at the 2013 Islamic Finance News Awards organized by…
Qatar ‘ideally placed’ to be potential nucleus of global Islamic economy
Qatar is ideally placed to be the potential nucleus of global Islamic economy in view of its strong growth, legal…
Gulf Islamic lenders' product costs shrinking
The extra costs which Islamic banks in the Gulf charge consumers relative to conventional banks appear to be falling, according…
CORRECTED-Saudi Arabia, Malaysia exchanges to boost Islamic finance ties
The stock exchanges of Saudi Arabia and Malaysia have signed an agreement to foster closer ties between the two bourses…
Noor Bank tops 2013 Bloomberg EMEA Islamic Book Runner League table
Noor Bank, previously known as Noor Islamic Bank, has topped the 2013 Bloomberg League Table rankings for Emea Islamic Syndicate…
Gulf Islamic banks' extra product costs shrinking, study finds
The extra costs which Islamic banks in the Gulf charge consumers relative to conventional banks appear to be falling, according…
ADIB named best Islamic Bank in the Middle East by Euromoney
Abu Dhabi Islamic Bank has been named the best Islamic bank in the Middle East and best Islamic bank in…
Alizz Bank Uses Digital Platforms To connect With client
Based on its forecasted year on year growth of between 15 per cent and 20 per cent for assets, financing…
Saudi-Kuwaiti Finance House inks financial consultation agreement with Al-Omran Company
Al-Omran Company, which is one of the mega companies in Saudi Arabia, inked a financial consultation agreement with Saudi-Kuwaiti Finance…
IFG Islamic finance 2014 outlook survey: Hopes of a transitory slowdown in growth
As the current year began, the Islamic Finance Gateway team reached out to readers to hear their expectations for the…