Bank Sohar net profit increases 15pc
Bank Sohar yesterday announced a 15.19 per cent growth in net profit at OMR18.11 million for the first nine months…
Islamic Finance
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Islamic banks 'should issue perpetual sukuk'
Islamic banks have an incentive to issue perpetual sukuk with Basel III in the offing, a leading Islamic finance scholar…
Islamic Banks 'Should Issue Perpetual Sukuk'
Islamic banks have an incentive to issue perpetual sukuk with Basel III in the offing, a leading Islamic finance scholar…
Saudi banks joining HSBC in sukuk issuance boom
Saudi Arabian banks are climbing the rankings in arranging Gulf Islamic bond deals this year, profiting from a growing pipeline…
New push to promote Islamic microfinance
Islamic microfinance is an effective tool for poverty alleviation and it should be introduced around the globe, according to Social…
New iMAL with Enhanced Security and Customizable User Interface
Path Solutions have announced the immediate availability of its next generation Islamic Banking and Investment System. iMAL 12.9 is built…
Malaysia and UAE tie up to boost economic ties, Islamic finance
The central banks of Malaysia and the United Arab Emirates signed a pact on Friday to foster closer economic ties…
Dubai Wants To Takes The Lead In Global Islamic Finance
The government of Dubai has launched a strategic plan recently in order to lift its profile as a global epicenter…
Islamic banks seek realistic ambitions
Management changes at some of the Gulf's best-known Islamic investment banks point to a fresh start for a sector which…
Largest Saudi Bank NCB Eyes $1.1 Billion Sukuk
The largest Saudi lender by assets, National Commercial Bank NCMBK.UL, plans to issue Islamic bonds worth about 4 billion riyals.…
QInvest unveils new growth strategy
QInvest today unveiled its new strategy to deliver long term sustainable growth. The new strategy has streamlined the bank into…
Islamic Finance Development Center to open in Istanbul
The center will collaborate with stakeholders in the areas of Islamic economics and finance, including international financial institutions, standard-setting bodies,…