Global banking giant set to tap huge opportunities in the Middle East
HSBC Amanah provides a full range of Islamic financial services to the retail, corporate and institutional customers in the Middle…
Islamic Finance
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IDB chief urges EU not to repeat mistakes of the past
Ahmad Mohamed Ali, the president of the Islamic Development Bank (IDB), the multilateral development agency of the Muslim world, has…
‘Islamic finance Industry too Parochial and insular’
Governors of central banks and monetary authorities of the Organization of Islamic Cooperation (OIC) member countries, meeting at Sasana Kijang…
Mideast lender geared up to roll out Islamic banking products
Oman Arab Bank (OAB) is fully geared up to roll out Islamic banking products, once the regulatory framework is in…
Solum fund plans investment sukuk
British-based, syariah-compliant investment firm Solum Asset Management will launch the first "investment sukuk" in the first quarter of next year,…
Western debt crisis spurs growth of Islamic Finance
Chicago native Mariam Khan never considered Islamic banking until her husband moved the family to Dubai in 2007. But the…
Islamic Banking Needs To Develop Capacity To Undertake Cross-border Deals
South-East Asia and the Gulf Cooperation Council (GCC) nations are the two largest Islamic finance hubs but there are not…
Dubai-based Noor Islamic Bank Mulls Expanding To Malaysia
Noor Islamic Bank is considering expanding to Malaysia to tap opportunities in Southeast Asia. Chief Executive Officer Hussain AlQemzi said…
EmiratesNBD may issue bond, timing key, says CEO
EmiratesNBD, Dubai's largest bank by assets, is considering a five-year, dollar-denominated bond, its Chief Executive said on Monday, adding the…
Top UAE bank's Islamic fund nets over $10mm
Top UAE bank Emirates NBD said the Islamic money market fund of its asset management unit has attracted more than…
Five Islamic Banks From Gulf to Invest in Turkey
Five Islamic banks, each with equity capital of less than $500 million, will invest in Turkey in the next two…
More banks aim to join world’s first Sharia-compliant interbank benchmark
The recently launched Islamic Interbank Benchmark Rate (IIBR) aimed at raising the quality of the Islamic capital profile has some…