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…
Islamic Finance
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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…
Demand grows for Islamic op risk managers
The growth of Islamic finance throughout the Middle East - and further beyond - has shifted attention to the levels…
SWFs Say Goodbye West, Hello East
Despite the mire of the recession, global sovereign wealth funds (SWFs) continued to line their commodity-filled boots. Soaring GDP in…
Fajr Capital acquires stake in MENA Infrastructure Fund
Fajr Capital Limited has announced its acquisition of Dubai International Capital's stake in the MENA Infrastructure Fund. Fajr Capital will…
The Staying Power of Arab Monarchies
The monarchies have remained intact through the Arab Spring and will continue to do so despite demands for change because…
Qatar sovereign wealth funds’ key players
Sheikh Hamad bin Jassim bin Jabr al-Thani is a man of many titles. HBJ, as he is widely known, is…