CME will boost Dubai oil bourse investment with Oman fund
CME Group Inc., the world’s largest futures exchange owner, and Oman Investment Fund will raise their respective stakes in the…
Islamic Finance
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GCC forum in Oman discusses role of financial regulatory boards
A two-day conference of Gulf Cooperation Council regulatory boards kicked off on Monday and is being organised by the Omani…
HSBC Amanah is Euromoney’s Best International Islamic Bank
HSBC Amanah has again been named Best International Islamic Bank by Euromoney in its Islamic Finance Awards 2012. The annual…
Islamic wealth industry grew 15pc-20pc over the past decade
KFH-Research prepared a report about Islamic wealth management industry around the world. It stated that this industry has great growth…
Al Hilal Bank unveils first sukuk fund
Al Hilal Bank has announced the launch of its first sukuk fund -- the Al Hilal Global Sukuk Fund --…
IBQ Wins the 'Best Private Banking Services in Qatar'
IBQ was recognized for 2012 Best Private Banking Services in Qatar for High Net Worth services by UK's Euromoney Magazine.…
Abu Dhabi Equity Partners introduces Soft Commodity backed Islamic Finance
Abu Dhabi Equity Partners, the Cayman registered Emerging Markets Sharia-compliant liquidity management instrument specialist, will be launching its suite of…
HSBC Saudi Arabia launches Amanah Sukuk Fund
HSBC Saudi Arabia has launched its new HSBC Amanah Sukuk Fund. The open-end Shariah compliant fund aims to provide investors…
Bank of Sharjah profit down 37%
Bank of Sharjah reported a net profit of Dh254 million in 2011, down 37 per cent from the Dh404 million…
Bahrain Islamic, Al Salam end merger talks
Bahrain Islamic Bank, the second-biggest Sharia-compliant lender in the country, ended talks with Al Salam Bank for a possible merger…
S&P says global crisis has boosted growth in the sukuk market
Standard & Poor's Ratings Services has published a report examining why sukuk issuance is gaining acceptance in markets beyond its…
BankDhofar set to launch Islamic banking
BankDhofar has appointed Deloitte and Touche for a market assessment and feasibility study into launching of Islamic window services at…