Dubai to vie with London for Islamic finance hub
Dubai is in a position to vie with London to become the world’s Islamic finance hub in 2014 following an…
Islamic Finance
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Islamic finance sector 'set for rapid growth'
The year 2014 will be a promising one for Islamic finance sector, says an industry expert. It will grow…
IIFM Reviews Key Islamic Finance Initiatives
Bahrain-based International Islamic Financial Market continues to spearhead initiatives for Islamic capital and money market standardisation, board members were told…
Bank Nizwa looks to break even in 2014
The Sultanate’s first Islamic bank, Bank Nizwa, hopes to break even in 2014 and proposes to come out with a…
EIIB boosts stake in asset management unit
European Islamic Investment Bank (EIIB-Rasmala), one of the largest, independent financial institutions focused on GCC markets, said it has significantly…
Abu Dhabi Islamic Bank PJSC : Motivated to make a change
Her bank was reluctant to provide a loan – 'we have to wait for this, we have to wait for…
Barwa Bank named ‘Best Islamic Bank in Qatar’
Barwa Bank has been named "Best Islamic Bank in Qatar" at the EMEA Finance Awards 2013. EMEA Finance is a…
Will The Islamic Finance Industry Witness A Scandal In 2014?
The Enron scandal, exposed in October 2001, eventually led to the bankruptcy of one of the largest American energy companies…
Dubai keen to become Islamic economy capital
Dubai's proposed Islamic Economy Development Center is expected to advance the emirate's seven-pillared strategy to establish itself the capital of…
Largest Islamic Bank in the UAE wins three Islamic Business & Finance Awards
Dubai Islamic Bank, the largest Islamic Bank in the UAE, has been named the 'Best Corporate Bank' at the 2013…
European Islamic Investment Bank Ups Holding In Subsidiary Rasmala To 76.3%
European Islamic Investment Bank PLC said Monday that it is increasing its shareholding in its subsidiary Rasmala Holdings Ltd from…
Ajman Bank, Meydan in strategic tie-up
Ajman Bank, a leading Islamic financial services institution, has entered into a strategic agreement with Meydan Sobha Group to provide…