UAE bankers embrace Dubai's Islamic vision
Dubai's bid to build a global capital for Islamic industries has excited the financial industry, but bankers say succeeding where…
Islamic Finance
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BankMuscat Gets Oman Islamic Banking License as Industry Grows
BankMuscat SAOG, Oman’s biggest bank by assets, received a license to offer services complying with Shariah as it seeks to…
USD 131 billion total issuance of Sukuk in 2012 – RESEARCH
KFH-Research issued a report that revealed that total Sukuk issuance by end of 2012 reached USD 131 billion with 54%…
Oman: Regulating Islamic finance
In a statement accompanying the regulations, the Central Bank of Oman (CBO) described the IBRF as "a detailed and comprehensive…
Bank Nizwa launches new era of Islamic Banking in Oman
This pioneering initiative by Bank Nizwa signifies the start of a new era for banking in Oman. The launch was…
Qatar bank in direct talks with IBB
One of the largest Islamic banks in Qatar is now in direct discussions to buy the issued share capital of…
Abu Dhabi Q4 earnings estimates
Following are fourth-quarter net profit estimates for Abu Dhabi Commercial Bank in millions of UAE dirhams. Q4 2012 %change…
Bank Nizwa is first in Oman to open doors for Islamic banking
Bank Nizwa, Oman's first dedicated Islamic bank, formally opened its doors to the public making history for the Sultanate's financial…
Islamic Finance news awards results: Deals of the Year 2012
The results of the Islamic Finance news Deals of the Year 2012 awards are now out. This year, over 300…
CMA completes draft regulatory by law of Islamic banking
The Capital Market Authority completed the initial draft of the regulatory bylaw of the Islamic Sukuk. CMA started getting feedbacks…
Sukuk Seen Topping $46 Billion Record on Debuts: Islamic Finance
Global sukuk sales will challenge this year’s record of $46 billion in 2013 as countries such as Oman, Tunisia and…
ADIB expands its regional footprint by opening a branch in Sudan
Abu Dhabi Islamic Bank has announced the expansion of its regional footprint by launching its branch in Khartoum in Sudan.…