Is Islamic Finance a Failure? An Assessment
Oliver Agha, founding Partner of Agha & Co, a shari'ah-compliant law firm based in the United Arab Emirates (www.aghaandco.com), is…
Islamic Finance
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IDB ready to fund Oman’s Islamic banking sector, public-private business ventures
Islamic Development Bank is ready to provide equity capital to Oman’s upcoming Islamic banking industry, development projects in the sultanate…
Crisis: Islamic Finance doing well, up 20% in Gulf
Islamic finance has increased exponentially in the last decade, with transactions worth more than one billion billion dollars in 2011,…
Challenges to growth of Islamic banking
Although Islamic banking has grown rapidly over the last three decades, the volume of transactions touched $1.086 trillion (Dh3.98 trillion)…
The Islamic Bank of Asia Announces Two Strategic Appointments
The Islamic Bank of Asia today announced two key senior appointments to drive the bank's focus on investment banking and…
Top law firm advises HSBC Saudi Arabia on high-profile sukuk
Allen and Overy, through its association with leading local law firm Abdulaziz AlGasim Law Firm, has advised HSBC Saudi Arabia…
CBFS teams up with BIBF to provide Islamic Banking training
The College of Banking and Financial Studies (CBFS) has announced a strategic collaboration with the Bahrain Institute of Banking and…
Citigroup looking to enter Turkey’s sukuk market
Citigroup Europe is interested in entering into the sukuk, or Islamic bond, market in Turkey, the group’s Middle East and…
UAE leads Islamic banking world
Mohamed Hamed Rashid is confident on his investment structure. Already, he has thrown over $100,000 into funding a new alternative…
Al Hilal confirms $500m sukuk mandate
Abu Dhabi government-owned Al Hilal Bank has confirmed the appointment of three banks to manage its debut $500 million Islamic…
Deutsche Bank awarded for its Islamic Finance business
Deutsche Bank has won Islamic Finance news “Best Islamic Trustee/Custodian 2011” Award. In addition, Deutsche Bank received the awards for…
Ithmaar Bank focusing on IT to boost growth
Ithmaar Bank is pressing ahead with ambitious expansion plans and focusing on technology to drive its growth forward. The Islamic…