UAE 'has what it takes' to be Islamic finance hub
The UAE has what it takes to become a hub for Islamic finance, according to Sheikh Mohammed bin Rashid Al…
Islamic Finance
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NRG to start $500m Shariah fund for women in Middle East
UK-based Gujarati businessman, Deepak Kuntawala, is establishing a Shariah-compliant investment fund targeted at women in the Middle East. Kuntawala's DVK,…
HSBC Says Gulf Surge to Drive 2013 Sukuk Record: Islamic Finance
Global Islamic bond sales are set to surpass the 2012 record as Persian Gulf issuers take the lead to tap…
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,…
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…