So you thought bank CEOs are highest paid? There are others, say experts
CEOs may get $700,000 plus bonuses but Shariah board members, economists, asset managers...get a better deal It's no surprise that…
Islamic Finance
6049 articles found
Ithmaar Bank posts profit of $2.7 million
Bahrain-based Ithmaar Bank posted a profit of $2.7 million for the first nine months of the year in spite of…
French Islamic finance in focus at key forum
The 18th annual World Islamic Banking Conference (WIBC 2011) will feature a key session on "Islamic Finance New Developments in…
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…
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…