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…
Islamic Finance
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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…
IDB forum promotes trade partnerships
Malaysian Prime Minister Najib Tun Razak opened an investment forum in Kuala Lumpur, which is being organized by Islamic Development…
Qatar picks five banks for sovereign sukuk – sources
Qatar has mandated five banks to help arrange a new sovereign sukuk, four sources familiar with discussions said on Thursday,…
Businesses are bullish on the prospects for Sharia-compliant products and services – Research
A global survey of C-level and senior executives shows that demand for Sharia orientated products and services is strong,…
Bahrain's Al Baraka posts 7 pct Q1 profit rise
Bahrain-based Islamic lender Al Baraka Banking Group posted a 7 percent increase in first-quarter net income, the bank said…
Islamic Funds and Investments set to expand its global footprint and achieve international growth
More than 350 key players, regulators and thought leaders in the global Islamic funds and investments industry are set…
No windfall from Qatar ban on Islamic windows
A year after Qatar ordered conventional banks to stop offering Islamic financial services, an expected windfall for its Islamic banks…
Ithmaar Bank selects SunGard Ambit risk and performance management tech
Ithmaar Bank has selected SunGard's Ambit Risk & Performance Management solution to help it establish an enterprise-wide view of its…
MashreqQatar signs partnership with Medgulf Allianz Takaful
Aiming to provide increased protection cover to customers, MashreqQatar, a leading financial institution in the region, has signed a…
SATORP's Sukuk named 2012's 'Deal of the Year in the Middle East'
The Banker magazine has named the SATORP Sukuk deal as 2012's 'Deal of the Year in the Middle East for…