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 Finance
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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…
ADIB CEO is named banker of the year
Abu Dhabi Islamic Bank (ADIB) chief executive Tirad Mahmoud was named the WIBC 2011 Islamic Banker of the Year at…
IDB to help build sustainable Islamic finance
The Islamic Development Bank (IDB)Group will continue assisting in building a sustainable Islamic financial system and sound regulatory framework both…
Thomson Reuters Launches World's First Islamic Interbank Rate
Thomson Reuters today launched the world's first Islamic finance benchmark rate, designed to provide an objective and dedicated indicator for…
Islamic banks object to new lending law
Islamic banks operating in the UAE have objected to new lending rules enforced by the Central Bank early this year…
DIB's Islamic consultancy unit bags industry recognition
Dubai Islamic Bank (DIB) announced today that its Sharia consultancy subsidiary, Dar Al Sharia Legal & Financial Consultancy LLC, has…