Ahmad Meshari appointed as Acting CEO of QFB
The Board of Directors of Qatar First Bank the first independent Shari'ah compliant bank authorized by the QFC Regulatory Authority…
Islamic Finance
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Bahrain's Arcapita eyes new investments after first Gulf Chapter 11
Bahrain-based Arcapita is aiming to build a new asset management firm with a debut local deal in the logistics, education…
Al Baraka unit concludes $433m Murabaha deals
Al Baraka Banking Group announced that its Turkish subsidiary, Al Baraka Turk Participation Bank, had concluded a syndicated Sharia-compliant Murabaha…
Islamic REIT is Mandatory for the Development of Real Estate Industry/ Muhammad Zubair Mughal
Micro Housing Finance demand can be satisfied through Islamic REIT Islamic REIT (Real Estate Investment Trust) is a beautiful…
Hogan Lovells advises Barwa Bank on $125m Islamic financing facility for Topaz
Hogan Lovells has advised Barwa Bank on a US$125m Islamic facility made available to UAE-based Topaz Energy and Marine. The…
Alizz Islamic Bank set to launch innovative Shari'a compliant banking services
alizz islamic bank is gearing up to officially launch services next week at its flagship branch located at the alizz…
Alizz Islamic Bank Gears Up for Launch
Alizz Islamic Bank is gearing up to officially launch its services next week at its flagship branch located at the…
CFA Society Emirates to Help Promote Dubai as Global Hub for Islamic Finance
CFA Society Emirates, the local UAE member society of CFA Institute, has appointed Mr Amer Khansaheb, CFA, as the new…
Islamic Bank Looks to Turkey's sukuk, IDB Head Says
The President of the Islamic Development Bank Ahmad Mohamed Al-Madani has urged Turkey to mobilize "sukuk" to facilitate the flow…
Islamic Development Bank opens office in Ankara
Islamic Development Bank opened its Turkish office in Ankara with the participation of Turkish President Abdullah Gül and Deputy Prime…
AlBaraka Turk inks $430m Deal
AlBaraka Turk, the Turkish subsidiary of Bahrain-based Islamic lender Al Baraka Bank, has signed a financing facility worth $430 million,…
Qatar Islamic Banks Set to Outpace Rivals
Growth of Shariah-compliant banks in Qatar is poised to outpace that of the UAE lenders as borrowing rises amid $200bn…