Sharjah congress to help tap into $1bn Islamic finance and Islamic Cosmetics industry
The opening up of new markets and launch of new products are driving the $1 trillion global Islamic finance and…
Islamic Finance
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Saudi Hollandi Bank prices $373 mln Tier two sukuk
Saudi Hollandi Bank, the kingdom's eighth-largest bank, has completed a 1.4 billion riyals ($373.3 million) Islamic bond issue, the bank…
Alizz Islamic bank elects board
Alizz islamic bank, the Sultanate’s second Islamic bank, has elected members of its board at its constitutive general meeting held…
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…
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…