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…
Islamic Finance
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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,…
Abu Dhabi Islamic Bank tops UAE banks in Ethos Consultancy Benchmark Index
The Bank Benchmark Index Awards were created by Ethos Consultancy to recognise banks that value customer service and strive for…
AUMs in Islamic finance reached $1.76 trillion in 2012, claims Markaz
In the executive summary of its report on GCC Islamic Finance, Kuwait Financial Centre “Markaz” notes that at the end…
Islamic investment banks in Gulf eye slimmed-down future
Management changes at some of the Gulf's best-known Islamic investment banks point to a fresh start for a sector which…
Morgan Lewis advises FWU on Inaugural Sukuk on life insurance contracts
This represents the first time an Islamic bond structure has been deployed on a block of life insurance policy contracts.…
EFG Hermes participates in listing BLME on NASDAQ Dubai
EFG Hermes, the leading investment bank in the Arab world, announces the technical listing of the Bank of London and…