Abu Dhabi's ADIB eyes Islamic bond
Abu Dhabi Islamic Bank will hold investor meetings for a potential dollar-denominated Islamic bond, or sukuk, starting next week, it…
Islamic Finance
6034 articles found
Market volatility dims sukuk sale plans
Islamic bonds have halted gains as increased volatility in global markets undermined plans by Indonesia to sell sukuk. “Given this…
Resilience of financial sector probed
During a keynote speech at the ‘Resilience of Bahrain’s financial sector’ seminar at the Gulf Hotel Convention Centre, KFH-Bahrain (Kuwait…
Major lenders extend Sharia-compliant financing scheme
Tamkeen and BMI Bank have announced the extension of their Sharia-compliant financing scheme for local private sector enterprises. With this…
ABC Islamic Bank registers nine month profit of $6.7m
ABC Islamic Bank has announced a net profit of $6.7m for the first nine months of 2011, 320% higher than…
Islamic banks offer shelter in the storm
Having emerged from the global debt crisis relatively unscathed, the Islamic finance industry is looking to corporate business as the…
Turkey’s Tax Change Paves Way for Sukuk Sales
Islamic bond sales from Turkey are picking up pace after the government changed its tax law to apply the same…
Appetite for Islamic finance growing
Recent global crises have changed the sentiment for finance and investments with investors increasingly showing appetite for Shariah-compliant private…
DIB posts 10.5% profit growth
Dubai Islamic Bank (DIB), a leading UAE bank, said its nine-month net profit rose 10.3 per cent to Dh850 million…
Global Finance names KFH – Best Islamic Bank in the World
Kuwait Finance House (KFH) was named as the Best Islamic Bank in the World by Global Finance Magazine, in recognition…
Saudi Al-Rajhi remains biggest Islamic bank
Saudi Arabia’s Al-Rajhi group maintained its position as the world’s largest Islamic bank at the end of 2010 while four…
50 countries to participate in the 18th Annual World Islamic Banking Conference
As the global Islamic finance industry enters the next phase of growth, more than 1,200 industry leaders, senior decision-makers and…