Islamic investment grows to over $1.5 trillion said Al Baker
compliant products globally stands at over $1.5 trillion. These include equities that conform with Islamic principles, sukuk and Islamic funds,…
Islamic Finance
6041 articles found
Man Group to manage ENBD fund
Emirates NBD Asset Management and Man Group yesterday announced a tie-up through which the hedge fund firm will manage one…
Sovereign wealth funds to keep MENA M&A ticking, says HSBC chief
Increased appetite from sovereign funds and restructuring-driven asset sales will help drive a modest recovery in mergers and acquisitions (M&A)…
Islamic fund assets grew 7.6% last year
Islamic fund assets under management (AuM) grew by 7.6 per cent to $58 billion (Dh213 billion) in 2010, up from…
Financial rivalry to boost asset industry
Rising competition among financial centres such as Dubai and Doha should help to develop the Gulf's US$50 billion (Dh183.65bn) asset…
GCC Sovereign Wealth Funds monitor European opportunities
The eurozone is in crisis, and many expect that Middle East money will be used to help bail out struggling…
Bahrain plans $1bn sovereign Islamic bond
Bahrain is planning to issue a $1 billion sovereign Islamic bond and has mandated three banks for the proposed sale,…
Tamweel disputes to be moved into Dubai courts system
Disputes involving Tamweel, an Islamic home finance company based in Dubai, are being shifted to the emirate's courts and away…
Kuwait Finance House eyes Indonesia
Kuwait Finance House (Malaysia) Bhd (KFH) is keen on expanding in Indonesia to tap Islamic banking opportunities in the world's…
KFH leads efforts to merge three Islamic banks to establish USD 400 million entity
Kuwait Finance House in Bahrain revealed that it leads efforts to arrange the merging of three Bahraini Islamic banks, which…
Emirates Islamic Bank names new CEO
Emirates Islamic Bank has named a new chief executive officer and elected a board of directors, it said in a…
Action on lack of Islamic expertise
Bahraini group that sets standards for Islamic finance in 45 countries is helping universities start courses in Sharia-compliant business practices…