Gulf bond issuance activity to remain fairly robust
Gulf region’s issuance activity is likely to remain fairly robust in the coming quarters, partly because of refinancing requirements, partly…
Islamic Finance
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Bank Muamalat signs MoU with China banking group
Bank Muamalat Malaysia Bhd and Bank of Shi Zui Shan has signed a memorandum of understanding (MoU) for a partnership…
Latham and Watkins advises joint lead managers in the largest USD Sukuk offering
Latham & Watkins represented the joint lead managers in the State of Qatar's recent sovereign Sukuk. The $4bn…
Islamic Financial Services on Rise, but Private Banks Lag
As demand for financial products and services that comply with Islamic law has grown in recent years, retail banks have…
ICIEC's H1 investment, export insurance funding $1.5 billion
Under the Chairmanship of Dr. Ahmed Muhammad Ali, the President of Islamic Development Bank (IDB) Group, the Board of Directors…
Qatar’s $4bn sukuk to ensure liquidity at the ‘least cost’
QIIB International Islamic, which was a co-manager to Qatar’s recent $4bn two-tranche sukuk, said the bond would ensure liquidity at…
UK’s first Sharia compliant residential property fund announces acquisitions
As all eyes home in on London for the razzmatazz of the London 2012 Olympics, it is worth remembering…
Standard Chartered launches enhanced online banking FX service
Standard Chartered announced the launch of enhanced online banking foreign exchange services through the Bank's secure online banking platform, Straight2Bank.…
ODB plan to boost Islamic banking
In its efforts to provide customers with banking products and services that are in line with the Islamic banking, Oman…
Major Islamic banking forum planned in Africa
For almost two decades the annual World Islamic Banking Conference (WIBC) in Bahrain has been at the forefront of the…
Best year yet for Gulf Islamic bonds
Qatar's sale of a US$4 billion (Dh14.69bn) sukuk has made this year the Arabian Gulf's best ever for sales of…
Qatar Islamic Q2 Net Profit Down
Qatar Islamic Bank (QIB), the Gulf state's second-largest lender by market value, posted an 8.7 per cent drop in second…