Qatar sees strong demand for sukuk
Qatar has received strong investor demand for its planned dual-tranche Islamic bond, or sukuk, fuelled by the state’s initial price…
Islamic Finance
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Bank Sohar profit soars 50 per cent, loans and deposits rise
Bank Sohar, an Omani lender, posted a 50 per cent increase in first-half profit as loans and deposits rose. Net…
Qatar plans to issue first Islamic bonds in decade
The Gulf Arab state of Qatar is planning to issue Islamic bonds, or sukuk, for the first time in nearly…
Gatehouse bank acquires major oil and gas HQ offices in Scotland
Gatehouse Bank has completed the multi-million pound acquisition of the Bridge View and Consort House in Aberdeen to provide a…
Emirates NBD named 'Best Islamic Wealth Management Service Provider'
Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, has announced Monday that it received the award…
Bank Sohar Selects Path's iMal System
Bank Sohar has announced that they have inked pact at a signing ceremony in Muscat, Oman. As per…
Standard Chartered launches Islamic wealth product range aimed at HNWIs
Standard Chartered Private Bank has launched a suite of Islamic wealth management products aimed at high net worth clients across…
Turkey to mandate banks for sukuk sale -sources
Turkey is set to mandate HSBC, Citi and Deutsche Bank to manage the sale of its first sukuk, or Islamic…
South Africa poised to launch debut Islamic bond
South Africa is preparing to launch sub-Saharan Africa's first Islamic bond, paving the way for issues by other countries in…
UAE's Emirates Islamic Bank prices $500 mln sukuk
Emirates Islamic Bank, the sharia-compliant arm of Dubai's largest lender Emirates NBD , priced a $500 million sukuk on Wednesday,…
Islamic finance to be probed
There is no doubt that Islamic finance is maturing into a global phenomenon with increasing appetite for Islamic instruments and…
Emirates Islamic Bank eyes $500 mln sukuk; strong demand seen
Emirates Islamic Bank, the sharia-compliant arm of Dubai lender Emirates NBD, has set final guidance for its $500 million sukuk,…