Iran to raise share in Islamic Development Bank
Iran’s Parliament has approved government’s request to increase country’s investment share in fifth round of investment in Islamic Development Bank.…
Regulation, Risk & Compliance
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The future is transparent
It is widely recognized that offshore banking secrecy is fast becoming a thing of the past. The signing of…
Qatar checks real estate brokering
Industry experts feel the new law will bring increased transparency and accountability to the real estate industry and lead to…
ADX issues new law on trading, clearing and depositary system
The Abu Dhabi Securities Exchange said on Sunday it has issued new law for trading, clearing and depositary system for…
UAE residents urged to face the music and find a debt solution
As the shock waves from the banking crisis of 2008-09 reverberated through the global financial system, the media carried numerous…
Turkey, US agree to cooperate against tax evasion
Turkey's Finance Minister Mehmet Şimşek has said the US and Turkish governments will sign an agreement that allows the two…
Government of Jordan, ITFC sign $3 billion funding agreement
The decision to sign the agreement was taken during a cabinet meeting chaired by Jordan’s Prime Minister Abdullah Ensour. As…
Iran banking sector has room for JVs with foreign investors – deputy central bank governor
Iran's financial sector offers opportunities for cooperation between domestic banks and foreign investors, Iranian central bank deputy governor Akbar Komijani…
Regulatory Changes Cause A Shakeout In Gulf Islamic Insurance Markets, Says Report
The Gulf states have experienced massive regulatory change with respect to insurance over the past 12 months. Recent measures…
Exclusive: After EU labelling, paper proposes banking steps on Israel
The European Union agreed this week to push ahead with labelling Israeli goods made in settlements in the occupied West…
Islamic Finance System In Turkey
The Islamic finance system has arisen due to various religious and economical reasons and, in general, it is a system…
Bank credit grows 9.6 per cent to OMR17.45b, says central bank
Oman’s conventional banks have achieved a robust 9.64 per cent credit growth at OMR17.45 billion for the first five months…