Oman finalises Islamic Banking rules
The regulatory framework for Islamic Banking has been finalised, Hamoud Bin Sangour Al Zedjali, executive president of the Central Bank…
Islamic Finance
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Kuwaiti-owned bank helps acquire another prestigious property in London, UK
Gatehouse Bank has completed the £165m acquisition of the law firm SJ Berwin's offices at 10 Queen Street Place in…
GCC and Asia lead in Islamic finance
Gulf States and Asia are leading the growth in Islamic finance, which is being considered most credible alternative to conventional…
Barclays Weighs Islamic Finance Products in Egypt to Boost Sales
Barclays Bank Egypt SAE is considering entering the Islamic banking market in the country and lending more to small and…
Sukuk issuance beats conventional bonds in GCC, says Standard and Poor's report
Corporate and infrastructure issuers in the Gulf region may increasingly rely on sukuk, the Islamic equivalent of bonds, as a…
Gulf International Bank wins prestigious award from the Banker Magazine
Gulf International Bank has been named by The Banker magazine as the “Most Innovative Investment Bank from the Middle…
Saudi Holland Bank shareholders approve 1.4 bln-riyal sukuk
Saudi Hollandi Bank shareholders have agreed to issue an Islamic bond, or sukuk, worth 1.4 billion riyals ($373 million) to…
KFH Sukuk arm continues to build leadership as leading Sukuk advisor to sovereigns
Liquidity Management House For Investment K.S.C.C 'Liquidity House', the Sukuk arm of Kuwait Finance House K.S.C., continues to build its…
BLME acquires property for its light industrial building fund
BLME, the largest Islamic bank in Europe whose main shareholders are Boubyan Bank and the Kuwaiti Public Institution for…
Shuaa to focus on lending to reverse losses
Dubai-based investment bank Shuaa Capital will focus more on growing its lending business as part of a new strategy aimed…
Barwa Bank launches its first equity fund
Barwa Bank has launched “The First Investor GCC Equity Opportunities Fund”, which is a 100% Shariah compliant, open-ended collective…
KFH arranges in cooperation with Citigroup and HSBC the first Sukuk issuance for the Turkish Treasury of $1.5bn
Kuwait Finance House represented by its subsidiary, Liquidity Management House, succeeded in arranging for Ijarah Sukuk for the Turkish…