Strong Year for Islamic Lending for Gulf Banks
Banks in the six-nation Gulf Cooperation Council can thank turbulence in the world’s bond markets for spurring Islamic lending to…
Regulation, Risk & Compliance
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Turkiye Finans, Albaraka Turk apply for lira sukuk
Turkish Islamic lenders Turkiye Finans Katilim Bankasi and Albaraka Turk have applied separately to issue Islamic bonds, or sukuk, according…
SCW, Al Baraka Banking Group discuss cooperation
Supreme Council for Women (SCW) Consultant in Integrating the Needs of Women in the Private Sector Sabah Almoayyed, Acting Director…
Bank compliance: it costs to do it right
The high cost of compliance is straining the ability of Lebanese and Arab banks to finance the economies in the…
Bank Leumi execs may have to hand back bonuses
A Bank of Israel report expects Eitan Raff, Galia Maor and Zvi Itskovich to return bonuses because of the US…
Hamed al-saadi appointed chief financial & tax officer of the QFC
The Qatar Financial Centre has announced the appointment of Mr Hamed Al-Saadi in the position of Chief Financial & Tax…
Swiss and Saudis dragged into 1MDB scandal
Two foreign nations, Switzerland and Saudi Arabia, have been dragged into the 1Malaysia Development Berhad (1MDB) scandal, reports the Gulf…
Introduction of VAT and Corporation Tax in UAE unlikely to deter foreign investors
The Links Group says the introduction of a value added tax (VAT) and corporation tax is unlikely to deter foreign…
The DFSA Appoints New General Counsel
The Dubai Financial Services Authority has announced that Ms Muna Dandan will join them as General Counsel. Ms Dandan has…
Arab Bank says report of $1b settlement is ‘inaccurate’
Arab Bank Plc on Friday described as “inaccurate” a report that it would pay “slightly more” than $1 billion to…
FOCUS – Bahrain’s fiscal tightrope: the island state's battle to regain lost ground
Not so long ago, Bahrain was a haven for international investors. The kingdom was a financial hub with the region’s…
Turkish banking regulator: Turkish sector is solid
The Turkish banking watchdog, the Banking Regulation and Supervision Agency said on Wednesday that the Turkish banking sector is solid.…