Qatar International Businesswomen Forum slated for October
The Qatar International Businesswomen Forum has announced its return for a third successive year in October 2012, following the huge…
Islamic Finance
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Global demand for Sukuk to reach US$900bn by 2017- Research
According to estimates by Ernst & Young's Global Islamic Banking Center of Excellence, the global demand for Sukuk is forecasted…
Saudi Hollandi to issue 1.4 bln riyal sukuk
Saudi Hollandi Bank plans to issue a 1.4 billion riyal ($373 million) private placement sukuk, or Islamic bond, it said…
Private equity firm buys 6.6% of Jordan Dubai Islamic Bank
Jordan-based private equity firm Foursan Group has acquired a 6.6 per cent stake in Jordan Dubai Islamic Bank, making it…
Noor Islamic Bank looks East
Dubai-based Noor Islamic Bank is turning to the East, as it seeks to expand its international footprint beyond the Middle…
Germany could get first Islamic Bank
Bank Kuveyt Türk, based in Instanbul, plans to set up the first Islamic bank in Germany next year to tap…
PwC to conduct course in Islamic finance and banking
PricewaterhouseCoopers (PwC) will run its first ever specialist Islamic finance and banking seminar/short course in Oman from October 12 to…
Bahrain's takaful growth drops to single digits
The growth of Bahrain's takaful (Islamic insurance) sector dipped to single digits in 2011 for the first time in a…
BMI Bank extends partnership with Tamkeen
Tamkeen and Bahraini retail and commercial banking institution, BMI Bank, announced an extension to their successful alliance providing Sharia-compliant financing…
Foursan Group Announces Investment in Jordan Dubai Islamic Bank
Foursan Group has made an investment in Jordan Dubai Islamic Bank, becoming the bank's second largest shareholder. Foursan' s investment…
First Gulf Bank's sukuk recognized in Asset Triple A Islamic Finance Awards
First Gulf Bank was awarded the 2012 'Best Islamic Deal in the United Arab Emirates' award for its $650m sukuk…
Gatehouse Bank posts profit of $3.2 million
Gatehouse Bank has announced a strong set of interim results for the six months ending 30 June 2012. Total profits…