Islamic finance values hold key to innovation
In the aftermath of the global financial crisis which was precipitated inter alia by the conduct and perceived greed of…
Islamic Finance
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71% of Islamic institutions implement IFSB's Guiding Principles on Sharia'a Governance
Top ranking figures from the world of Islamic finance were brought together during an event in Bahrain supported by Deloitte…
UK Islamic bank in talks with Rasmala for 30% stake
European Islamic Investment Bank is in talks to acquire a 30 percent stake in Dubai-based Rasmala Investment Bank, two sources…
BankMuscat announces Meethaq Islamic banking window
BankMuscat has announced the decision of its Board of Directors to set up an independent Islamic banking window at the…
Rating boost for Al Baraka Group
Al Baraka Banking Group (ABG) yesterday announced that Standard & Poors (S&P) reaffirmed ABG's investment grade long-term counterparty credit rating…
Al Hilal Bank wins prestigious Islamic Award
Al Hilal Bank, a progressive Islamic bank, won as ‘Best Retail Bank (GCC)’ during the 6th edition of the prestigious…
Dubai Islamic Bank appoints Blue Apple as its Creative Agency
Dubai Islamic Bank (DIB), the world’s first Islamic Bank, has recently appointed Blue Apple as its Creative Agency following a…
Sukuk investors increase holdings in NASDAQ Dubai custody
The value of Sukuk investments held for safekeeping in NASDAQ Dubai's custody has risen by 36% in the past year,…
Barwa Bank launches ‘Prestige Banking’
Barwa Bank has launched “Prestige Banking”, its branded service. The select event held on Monday was hosted at the exclusive…
Islamic investment bank ‘best in GCC’
Qatar First Investment Bank (QFIB), Qatar’s independent Shariah compliant investment bank, has won the accolade of “Best Investment Bank in…
Oman's Bank Muscat to launch Islamic banking arm
Bank Muscat, Oman's largest bank by assets, will set up a sharia-compliant banking arm, it said in a statement, becoming…
ADIB Named Best Islamic Bank for the Second Consecutive Year
Abu Dhabi Islamic Bank announced today that it had won the Best Islamic Bank and its CEO Tirad Mahmoud had…