IDB exploring microfinance options in UK
The Islamic Development Bank (IDB) is exploring social and financial inclusion opportunities in the UK including the provision of community-based…
Islamic Finance
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Baker and McKenzie advises Banque Saudi Fransi on first Sukuk issue
Baker & McKenzie has advised Banque Saudi Fransi, Saudi Arabia's fifth biggest bank by market capitalization, on its debut $750m…
International legal practice advises Majid Al Futtaim Group on its MTN and Sukuk programmes
Norton Rose Group has advised the Majid Al Futtaim Group on the simultaneous update of its $2bn Global Medium Term…
Bahrain’s GIB sets up $1.11bn sukuk scheme
Bahrain’s Gulf International Bank has set up a 3.5bn Malaysian ringgit ($1.11bn) programme for potential sale of Islamic bonds, the…
London firm sells Abu Dhabi bank site for US$26.6m
The developer of the One Hyde Park apartment complex in London’s affluent Knightsbridge sold the last of three retail spaces…
Appetite for Islamic Bonds rises despite "Grexit"-fears
While the Euro zone crisis has been weighing on investors' sentiment and on global economic prospects, the issuance of…
Dubai's JAFZA gets consent to repay $2 billion sukuk early
Dubai's Jebel Ali Free Zone (JAFZA) said on Sunday it had received the consent from a majority of sukukholders for…
Islamic bank Gulf Finance House seeks better times
Gulf Finance House is eyeing acquisitions and restarting stalled projects in Bahrain in an effort to turn around its fortunes.…
Ajman Bank Named 'Best Islamic Bank'
Ajman Bank has announced that it has been named 'Best Islamic Bank' on the Arab Achievement Awards presented on the…
Islamic bank Gulf Finance House seeks better times
Gulf Finance House is eyeing acquisitions and restarting stalled projects in Bahrain in an effort to turn around its fortunes.…
Dubai Islamic Bank successfully returns to the International Capital Markets
Dubai Islamic Bank priced on Tuesday 22 May a highly successful US$ 500 million 5 year Sukuk due May…
Islamic finance to strengthen economic and financial linkages between Asia and the Middle East
The rapid international expansion of Islamic finance reflects its ability to remain competitive and to increasingly meet the complex requirements…