Khaleeji Commercial Bank appoints new CEO
Khaleeji Commercial Bank have announced the appointment of Mr Khalil Ismaeel Al Meer as the bank's new Chief Executive Officer.…
Islamic Finance
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Oman’s new Islamic bank opens for business
Islamic banking services could make up to 20 per cent of the country’s overall financial services sector in the future,…
Baker & McKenzie acts for Almarai Company on Gulf's first non-bank hybrid Sukuk
This was the first hybrid Sukuk issuance to have originated from the Saudi market and the first hybrid Sukuk to…
Al Izz Islamic Bank Launches its Operations
Hamoud bin Sanjour al-Zadjali, Executive President of the Central Bank of Oman (CBO) launched Al Izz Islamic Bank Operations, which…
Emirates Islamic Bank organises awareness campaign for Islamic banking and finance
Emirates Islamic Bank, one of the leading Islamic financial institutions in the UAE, recently set up a kiosk at Dubai…
Some unlikely players are getting into Islamic finance
Global markets are vying to get a piece of the action in Islamic finance. With an emphasis on ethical investing…
Buoyant activity helps global sukuk raise USD8bn
The value of Islamic bonds issued globally in September 2013 amounted to USD 8 billion, a 25% increase from the…
Path Solutions announces strategic alliance with S2M
Path Solutions have announced that they have entered into an alliance for the provision of S2M’s extensive set of ready-to-use…
Turkey to Open First Islamic Financial Research Centre
The first Islamic Finance Research Centre will open in Turkey, chairman of the Board of Directors of the Istanbul Stock…
Ethica Launches Islamic Finance Certification in Oman
Ethica Institute of Islamic Finance partners with Excel Institute to resell Ethica’s Islamic finance certification in Oman. Oman’s move…
Gulf Islamic Banks are Surging Ahead of Conventional Banks
Islamic banks in the Gulf Cooperation Council are growing faster than their conventional counterparts and their share of GCC banking…
Abu Dhabi's Al Hilal Bank Launches $500 mln Debut Sukuk
Abu Dhabi government-owned Al Hilal Bank launched its debut $500 million five-year sukuk issue with the projected pricing much tighter…