Islamic Banking Industry Continues To Record Robust Growth
Global Islamic banking assets are expected to cross at least $1.8 trillion in 2013 up from $1.3 trillion in 2011,…
Islamic Finance
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Through Tamkeen's 'Mohasabha' programme KPMG Fakhro serves more than 400 beneficiaries
KPMG Fakhro, one of the service providers for Tamkeen's 'Mohasaba' programme, has recently achieved a significant milestone of serving more…
Islamic Bank of Britain presents the inaugural British Muslim Awards 2013
Islamic Bank of Britain plc the UK's only wholly Sharia compliant retail bank, presented the inaugural British Muslim Awards 2013…
Gulf Finance appoints new Chief Executive Officer
SHUAA Capital has announced the establishment of Gulf Installments Company. Following the success of Shuaa's subsidiary Gulf Finance Corporation in…
Dubai hopes sukuk standards to make it global player
Dubai aims to become a top global centre for Islamic bonds by introducing more detailed standards that ensure issuance and…
Tamweel completes repayment of $300m Sukuk
Tamweel PJSC, the UAE Islamic home finance provider, announced that it has repaid in full a $300m five-year Sukuk, which…
DFM invites experts to counsel on its 'Standard for Issuing, Acquiring and Trading Sukuk'
It had been reported that Dubai Financial Market launched the draft of its 'Standard for Issuing, Acquiring, Trading Sukuk' on…
East outperforming West in Islamic finance
While lenders in the United States and Europe have downsized their exposure in banking in compliance with Islamic law, Islamic…
Borse Dubai ready to build on new wave of sukuk activity
Essa Kazim, the chairman of Borse Dubai, which owns the emirate's biggest financial markets, is looking forward to a wave…
Kuwait- Boubyan Bank Reports KD 10 Mln Net Profit In 2012
Boubyan Bank announced a net profit of KD 10 million, growing by 25% compared to year 2011 at earnings per…
Tamweel net profit drops 29%
Posts Dh72 million profit in 2012 due to higher provisions Tamweel , the UAE Islamic home finance provider, net profit…
JP Morgan hires ex-UBS banker as global Islamic head
J P Morgan has announced the appointment of Hussein Hassan as global head of its Islamic Finance practice. Hassan will…