BLME Celebrates 5 Years of Trust, Integrity and Ethical Banking
Bank of London and The Middle East ("BLME"), the largest fully Islamic bank in Europe,has celebratedits fifth anniversary of receiving…
Islamic Finance
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Clifford Chance advises on Saudi Binladin Group short-term sukuk
Clifford Chance LLP and Al-Jadaan & Partners have advised HSBC Saudi Arabia Limited on the issuance by SBG Sukuk Limited…
Oman's Al Izz Islamic Bank plans $104m IPO
Al Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, plans to float 40 percent of its shares…
ADIB Community Banking To Serve Non-Profit Organisations
Abu Dhabi Islamic Bank has announced the launch of ADIB Community Banking to address the banking requirements of non-profit…
Shariah Capital set to delist following seven years of losses
Proposed Cancellation of Admission to trading on AIM and Notice of Special Meeting Shariah Capital has announced that it is…
Global Sukuk issues top $12.9 billion in July
Kuwait News Agency (KUNA) says KFH Research’s latest monthly report on the global Sukuk market shows the primary Sukuk market…
Qatar Islamic Bank named 'Best Islamic Financial Institution in Qatar' by Global Finance
QIB - the benchmark Islamic bank in Qatar - has scooped the award as the 'Best Islamic Financial Institution in…
Islamic trade finance ‘is lost in transaction’
Omar Ibn al-Khattab, ruler of a nascent Islamic empire in the seventh century, once convened a meeting in Madinah to…
Consultant submits draft law for Islamic takaful insurance
The UK-based law firm Clifford Chance, which was appointed by the Sultanate's insurance regulator Capital Market Authority (CMA), has submitted…
Europe crisis may hit ADIB earnings
Abu Dhabi Islamic Bank (ADIB) said euro zone uncertainty and new financial regulations in the UAE would weigh on earnings…
AK Takaful reports 4% rise in gains
Al Khaleej Takaful has reported a 4% gain in its first half net profit to QR59.02mn. Under shareholders’ account, total…
Al Izz Islamic Bank unveils corporate identity
Aabar Investments PJS Aabar Investments, one of the key strategic investment vehicles of Abu Dhabi will be a corner stone…