Kuwait’s Boubyan Sees Islamic Banking Boom
Islamic banking is growing at more than double the pace of conventional banking in Kuwait and strong demand is expected…
Islamic Finance
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Bahrain's central bank to foster capital markets
Bahrain's central bank (CBB) plans steps to encourage securities issuance and lure foreign investors who have been deterred by the…
Saudi banking, investment expert scoops international award
SAUDI asset management company SEDCO Capital's Chairman Sheikh Abdelelah Salem Ahmed Bin Mahfouz has been named winner of "The Most…
Islamic Finance House Opens its New Main Branch in Abu Dhabi
Islamic Finance House Pvt. JSC, has announced the grand opening of its new main branch, which is located at the…
Venture Capital swings to $15m profit
Venture Capital Bank, a Bahrain-based regional Islamic investment bank, said its net profit for the nine month-period ended September 30…
Omani firm plans $130m, five-year sukuk
Oman's Al Madina Real Estate plans to issue the country's first sukuk or Islamic bond in the first quarter of…
Omani firm plans $130 mln, 5-year sukuk in Q1 2013
Oman's Al Madina Real Estate plans to issue the country's first sukuk or Islamic bond in the first quarter of…
Ithmaar Bank posts $15.6m net loss
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported a net loss of $15.6 million for the nine-month period ended on…
Al Hilal Bank CEO receives Golden Order of Merit
Mohammed Jamil Berro, CEO of Al Hilal Bank, was bestowed the Golden Order of Merit in Wise Banking Management at…
Saudi Fransi gets OK for up to $667 million secondary sukuk issue
Banque Saudi Fransi, which is part-owned by Credit Agricole, will issue up to 2.5 billion riyals ($667 million) in secondary…
Qatar's Ahli Bank appoints acting CEO
Ahli Bank in Qatar has named Mahmoud YehiaMalkawi as its acting chief executive officer, a company statement to the…
Bahrain to host the 19th International Islamic Banking Conference 2012 next month
The Kingdom of Bahrain is scheduled to host the 19th International Islamic Banking Conference 2012 in the period 9-11…