GCC Islamic finance set for robust growth
The global Islamic finance sector is booming and the Sharia-compliant assets estimated to be over $1.4 trillion are likely to…
Islamic Finance
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Decree issued by Sheikh Mohammed on development of Islamic economy
Dubai’s Ruler issued a decree yesterday to launch an Islamic economy development centre, overseen by a board of senior figures…
Bahrain's GFH names Rayes as permanent CEO
Gulf Finance House, the Bahrain-based investment firm which has restructured a number of debt facilities since the financial crisis, has…
Islamic banking more viable, sustainable model of financing
Islamic banking could be the more economically viable and sustainable model of financing going forward, Falak Consulting’s Research Department said…
Commercial Bank of Dubai receives 'Islamic Bank of the Year' award
Attijari Al Islami, Commercial Bank of Dubai 's Islamic banking unit, has received the 'Islamic Bank of the Year Award…
Barwa Bank recognised as "Best Bank" at Islamic Business & Finance Awards 2013
Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, has been named as "Best Bank" and "Best Premium…
Egyptian financial regulator to retry sukuk rules in early 2014
Egypt's financial regulator will submit new rules to the government in January to facilitate issuance of sukuk, or Islamic bonds,…
Alizz islamic bank launches Shari'a compliant cards
Alizz islamic bank, the newest Islamic bank in Oman, announced the launch of its Shari'a compliant Titanium and Platinum MasterCard…
Path Solutions nabs 7th award in just one year
Path Solutions has announces it has won the 2013 ACQ World Bank Award in the ‘Core Banking System Provider of…
Al-Baraka Banking calls for Islamic finance in Italy
Hatem Abou Said, representative of ABG Al-Baraka Banking, asked Wednesday that Islamic banking be authorized in Italy. The request…
The IFSB Council Adopts Two New Standards for the Islamic Financial Services Industry
The Council of the Islamic Financial Services Board has resolved to approve the adoption of two new Standards in its…
UAE pushes for Shari'ah compliant leadership
There is a danger that the Islamic finance and banking industry could just muddle along, only doing business with itself…