BankMuscat to open seven branches for Islamic banking
BankMuscat, Oman’s biggest financial institution, is planning to open seven dedicated branches for offering Islamic banking services through window operations,…
Islamic Finance
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Gatehouse Bank realises GBP34.4m Real Estate Investment in UK
Gatehouse Bank today announced the successful delivery of its realised investment in UK real estate, through the sale of a…
Sukuk market to set new record
The sukuk (Islamic bonds) market in the oil-rich Gulf and other countries is expected to exceed $100 billion this year…
Union National Bank's Q1 profit up, beats forecasts
Union National Bank's reported an small increase in first quarter net profit on Monday, beating analyst forecasts, helped by an…
Slower takaful growth prompts strategy rethink
Growth of the takaful or Islamic insurance business is slowing, industry statistics show, increasing pressure on the sector to boost…
Noor Islamic to arrange $1bn Turkish debt
Dubai-based Noor Islamic Bank has arranged more than $2 billion of debt transactions in Turkey since the beginning of 2011…
Cassiopae Software Now Supports Islamic Finance
Global asset finance software leader, Cassiopae, has announced that its V4 software now supports Islamic Finance, a key requirement for…
Tamweel takes a hit as earnings fall due to litigation provision
Tamweel's earnings fell by a third as the company was forced to set aside Dh21.5 million (US$5.8m) to cover the…
International wealth management group recruits new MD from Noor Takaful
International wealth management company Globaleye has appointed Jawaid Tabassum General Manager for its General Insurance and Employee Benefits department in…
Banque Saudi Fransi Sets Up $2 Billion Islamic Bond Program
Banque Saudi Fransi, a Saudi Arabian lender part-owned by Credit Agricole, set up a $2 billion Islamic bond program as…
Nahed Taher honored for Islamic finance role
Nahed Taher, CEO and co-founder of Gulf One Investment Bank (Gulf One), was listed amongst the 20 most influential people…
James Caan on the rise of Islamic finance
James Caan made his millions in the recruitment and headhunting business and his claim to fame was his starring role…