Islamic Finance

Hedge Funds & Alternative Investments

Standard Chartered launches enhanced online banking FX service

July 15, 2012

Standard Chartered announced the launch of enhanced online banking foreign exchange services through the Bank's secure online banking platform, Straight2Bank.…

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Islamic Finance

ODB plan to boost Islamic banking

July 15, 2012

In its efforts to provide customers with banking products and services that are in line with the Islamic banking, Oman…

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Islamic Finance

Major Islamic banking forum planned in Africa

July 12, 2012

For almost two decades the annual World Islamic Banking Conference (WIBC) in Bahrain has been at the forefront of the…

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Islamic Finance

Best year yet for Gulf Islamic bonds

July 12, 2012

Qatar's sale of a US$4 billion (Dh14.69bn) sukuk has made this year the Arabian Gulf's best ever for sales of…

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Islamic Finance

Qatar Islamic Q2 Net Profit Down

July 12, 2012

Qatar Islamic Bank (QIB), the Gulf state's second-largest lender by market value, posted an 8.7 per cent drop in second…

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Islamic Finance

EIB, Emirates launch new Skywards Mile deal

July 12, 2012

Emirates Islamic Bank (EIB) in partnership with Emirates Airline has announced a new deal for its Skywards Credit Cards, where…

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Islamic Finance

Qatar Sells Largest USD Sukuk

July 12, 2012

Qatar sold the largest dollar-denominated Islamic bond ever seen on Wednesday, taking advantage of heavy interest in high-grade Gulf debt,…

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Islamic Finance

Ithmaar supports key event

July 11, 2012

Ithmaar Bank is supporting an event, planned for the Annual International Monetary Fund-World Bank meeting in Tokyo, which aims to…

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Islamic Finance

Mortgage law to spur Islamic finance: Study

July 11, 2012

Saudi Arabia’s approval of a landmark mortgage law this week after a delay of more than three years will give…

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Islamic Finance

Qatar sees strong demand for sukuk

July 10, 2012

Qatar has received strong investor demand for its planned dual-tranche Islamic bond, or sukuk, fuelled by the state’s initial price…

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Financial Results

Bank Sohar profit soars 50 per cent, loans and deposits rise

July 9, 2012

Bank Sohar, an Omani lender, posted a 50 per cent increase in first-half profit as loans and deposits rose. Net…

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Hedge Funds & Alternative Investments

Qatar plans to issue first Islamic bonds in decade

July 8, 2012

The Gulf Arab state of Qatar is planning to issue Islamic bonds, or sukuk, for the first time in nearly…

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