Baker & McKenzie Acts for Almarai in Sukuk Issuance
U.S. company Baker & McKenzie has acted for Almarai Company on the establishment of a $613.3 million (SR2.3 billion) sukuk…
Islamic Finance
6049 articles found
Global Islamic finance assets hit $1.3 trillion – study
Islamic financial assets around the world hit $1.3 trillion in 2011, a 150 percent increase over five years as the…
New appointments at QIB
The Qatar Islamic Bank (QIB) has made some senior appointments. Constantinos Constantinides has joined QIB as Chief Strategy Officer to…
Islamic Lending Grows as Western Banks Take Breather
As European banks have pulled back from overseas exposures to concentrate on cleansing their balance sheets and strengthening their core…
Standard launched for Islamic profit rate swap
In an effort to help Islamic financial institutions hedge risk, global standard-setting bodies have launched a standard contract template for…
Oman to amend banking regulations
With the draft laws for Islamic banking almost complete, Oman will also alter its existing regulations for banking in the…
Saudi British Bank Said to Raise $400 Million in Sukuk Placement
Saudi British Bank (SABB), the lender 40 percent owned by HSBC Holdings Plc (HSBA), is said to have raised 1.5…
Qatar Islamic Bank achieves PCI DSS security certification
Qatar Islamic Bank, the benchmark Islamic bank in Qatar and one of the leading Islamic banks in the world, announced…
Islamic banking: Impressive growth underscores success
When Islamic banking was first introduced to the Middle East more than 40 years ago, sceptics labelled the industry a…
"No worries” over $1bn sukuk repayment – Dar Al Arkan chairman
The chairman of Saudi Arabia’s biggest listed developer, Dar Al Arkan, has said that he is “extremely confident” that the…
TID Sukuk removed from Nasdaq Dubai trading
Nasdaq Dubai yesterday announced the removal of TID Global Sukuk 1 Limited from admission to trading. The exchange said in…
Barclays wins top Islamic finance award
Barclays was awarded the Restructuring Deal of The Year at the Islamic Finance News Awards Ceremony 2012 which took place…