Sharjah Islamic Bank opens Priority Banking Centre in Abu Dhabi
HE Mohammed Abdullah, CEO of Sharjah Islamic Bank (SIB) has opened the bank's Priority Banking Centre on Sheikh Zayed the…
Islamic Finance
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New global brand identity for leading Islamic investment bank
Unicorn Investment Bank has launched its new brand identity. The Bank has now officially changed its name to Bank Alkhair…
No plan to form national Sharia board: Sangour
The Central Bank of Oman (CBO) is not planning to set up a national-level Sharia board to regulate the proposed…
Alternative to the western finance model gains favour
From September 19 to 23, Toronto hosted the massive Swift International Banking Operations Seminar (Sibos) event from Society for Worldwide…
Islamic finance forum focuses on Shariah in banking
The US-Qatar Business Council and the Bilateral US-Arab Chamber of Commerce hosted the 2nd Annual Islamic Finance Forum last week,…
Government of Dubai Joins Hands With Ethica Institute of Islamic Finance
The Government of Dubai has announced that it is partnering with e-learning and certification specialist Ethica Institute of Islamic Finance.…
Saudi Arabia mega projects to boost Islamic bond market
Reuters reported that project Islamic bonds are expected to pick up steam in Saudi Arabia with the launch of the…
Tamweel plans up to $500m sukuk in Q4
Tamweel, the Dubai Islamic mortgage lender, has revealed plans to issue a $300m-$500m sukuk in the fourth quarter of this…
Iran bank chiefs ousted in $2.6 bln fraud fallout
A $2.6 billion financial fraud that has shaken the government of Iranian President Mahmoud Ahmadinejad saw the heads of three…
Emirates NBD plans to expand in Asia Pacific
Emirates NBD, the largest bank by assets in the UAE, is considering opening representative offices in China and a number…
Islamic investment grows to over $1.5 trillion said Al Baker
Islamic compliant products globally stands at over $1.5 trillion. These include equities that conform with Islamic principles, sukuk and Islamic…
Dubai's Tamweel plans up to $500 mln sukuk in Q4
Islamic mortgage lender Tamweel , whose shares resumed trading in May, will issue a $300-$500 million sukuk, or Islamic bond,…