IDB eyes $1b sukuk for megabank project
Islamic Development Bank (IDB) is seeking partners to bring investment in a Shariah-compliant megabank, as it plans to issue $1…
Islamic Finance
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Islamic finance in spotlight
The World Islamic Funds and Financial Markets Conference (WIFFMC) has over the last eight years established itself as the world's…
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…
DIFC continues to broaden strategic international ties
The Dubai International Financial Centre, the financial and business hub connecting the region's emerging markets with the developed markets of…
Saudi- Islamic economics growing in strength: NCB CEO Abdulkareem Alnasr
With an estimated $1.2 trillion in assets in 2012, Islamic banks have now developed in size and capability to such…
Banque Saudi Fransi eyes sukuk
Banque Saudi Fransi plans to issue a five-year benchmark-sized sukuk, arranging banks said yesterday, after the lender completed investor meetings…
Dubai Islamic eyes benchmark Islamic bond
Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the Gulf Arab emirate, is planning to issue a benchmark-sized, dollar-denominated…
Shariah ‘megabank plan’ seeks to raise $1bn capital
The Islamic Development Bank is seeking partners to bring investment in a Shariah-compliant megabank to more than $1bn before the…
Qatar sukuk sale driven by yields, economic growth
Qatar and Dubai Islamic Bank are planning to tap the Islamic bond market as a scarcity of Shariah-compliant securities and…
Saudi- Islamic economics growing in strength: NCB CEO
With an estimated $1.2 trillion in assets in 2012, Islamic banks have now developed in size and capability to such…
Banque Saudi Fransi plans to issue 5-year sukuk
Banque Saudi Fransi (BSF) plans to issue a five-year benchmark-sized Islamic bond, or sukuk, arranging banks said, after the lender…
Tadhamon Capital announces $2.3 million profit in its third year
Tadhamon Capital , a category 1 Islamic Investment Company, regulated by the Central Bank of Bahrain, has announced a net…