Islamic Development Bank launches $750 mln 5-yr sukuk – leads
Saudi-based Islamic Development Bank launched a $750 million five-year sharia-compliant bond, or sukuk, on Tuesday, with pricing expected later in…
Islamic Finance
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$ 100 bn sukuk trade provides succor to global economy
He is a well-known and highly respected banker in Saudi Arabia. When he speaks, his words get total attention from…
50 Thousand Islamic Financial Professional Needed Globally
In accordance with the growing industry of Islamic Banking and Finance, the whole world needs 50,000 Islamic Finance Experts right…
Bahrain expected to launch sovereign bond
Bahrain is expected soon to launch a sovereign bond issue, testing appetite for the troubled economy as it seeks to…
DIFC Investments repays $1.25 billion Sukuk obligation
DIFC Investments (DIFCI), the investment arm of the Dubai International Financial Centre, confirmed that it had repaid its $1.25…
Takaful Malaysia close to sealing UK property investment deal
Syarikat Takaful Malaysia Bhd is close to concluding an overseas investment deal specifically in the UK property market which would…
Egypt's parliament prepares Islamic banking regulations
Egypt’s parliament is drafting amendments to the country’s central bank law, including the creation of an interbank market for Islamic…
Cross-border clout still denied to Islamic banks
Established in 2007, Dubai-based Noor Islamic Bank said it planned to become the world's largest Islamic lender within five years,…
Path Solutions awarded Best Islamic IT Solutions Provider in 2012
Path Solutions has announced that it has won the prestigious 'Best Islamic IT Solutions Provider' award at the London Sukuk…
QIIB mulling sale of its Islamic bank in Britain
Qatar International Islamic Bank (QIIB), parent company of Islamic Bank of Britain (IBB), is considering the sale of the UK’s…
Bahrain 'most respected financial hub in world'
By steadfastly implementing best practices, robust regulatory principles and good governance, Bahrain now enjoys the reputation as one of the…
Sukuk industry set for 'unprecedented growth'
The global sukuk industry is witnessing unprecedented growth, complemented and triggered by diversification, an expert said. “Large pools of Muslim…