UAE needs unified Shariah board: Central Bank
The UAE needs a centralised body for the Islamic finance industry to help develop its sukuk market further, a top…
Islamic Finance
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DIFC investments $1 billion loan near; to help Sukuk REFI
DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is close to securing a $1 billion…
Turkey seeks market capitalism alternatives
If you have any doubt that Islamic finance is creeping into the mainstream global financial system where it matters, albeit…
Will Islamic finance dispute panels really work?
Despite the idea of platforms to resolve Islamic finance disputes gaining popularity, introducing the schemes could involve hidden risks that…
DIFC Investments $1 bln loan near; to help sukuk refi
DIFC Investments, the investment arm of the company running Dubai's financial free zone, is close to securing a $1 billion…
Thomson Reuters boosts IIBR members
Thomson Reuters has added leading Islamic scholars and bankers to the supervisory bodies of the Islamic Interbank Benchmark Rate,…
Warba Bank makes two senior strategic appointments
Warba Bank has announced the appointment of Basel Jassem Al Obeid as Chief Corporate Banking Officer, and Feroz Noorani as…
Islamic finance industry to probe growth chances
As the Islamic finance industry continues to be one of the fastest growing components of the global financial system, with…
Noor Islamic Bank does $2.2bn syndicated business in Turkey
Noor Islamic Bank has completed Islamic market mandates valued at over $2.2bn (Dhs8bn) in the past two years in Turkey,…
Islamic investments see significant opportunity for international growth
The 8th Annual World Islamic Funds and Financial Markets Conference (WIFFMC 2012) witnessed a high-profile opening at the Gulf Hotel…
Banks in $350m loan deal
Noor Islamic Bank, along with ABC Islamic Bank, HSBC and Standard Chartered Bank, are leading a $350 million murabaha syndicated…
Britain’s largest standalone Shariah bank eyes ME expansion
Shariah-compliant Bank of London and the Middle East (BLME) is targeting the thousands of rich Gulf residents who have ties…