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…
Islamic Finance
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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…
Al Baraka Banking Group is expanding in the Saudi market
Al Baraka Banking Group BSC (ABG), the Islamic banking group based in the Kingdom of Bahrain, announced the acquisition of…
Abu Dhabi Islamic Bank posts record quarterly profit
Abu Dhabi Islamic Bank reported flat third quarter profits on Tuesday, citing the impact of central bank limits on lending…
CBB's governor: Islamic financial institutions to adopt good risk managment
The Central Bank of Bahrain’s (CBB’s) governor Rasheed Al-Mi’raj called on Islamic financial institutions to learn from the experience of…
‘Conference on aims at developing standards in global Islamic banking industry’
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) – World Bank Annual Conference on Islamic Banking and Finance…
Doha Bank expands into Abu Dhabi
Doha Bank Branch in the Emirate of Abu Dhabi will be the second branch after Dubai branch in the UAE.…