Shariah authority on cards
The UAE Central Bank is to give a big boost to Islamic finance in the country as a unified board…
Regulation, Risk & Compliance
8931 articles found
DFSA probing ABN Amro for supposedly failing guidelines
The Dubai Financial Services Authority has launched an investigation into ABN Amro’s private banking activities in Dubai in conjunction with…
Oman takes another step toward Takaful Legislation
Legislation regulating Oman's sharia-compliant insurance market has moved a step closer to being finalised after the State Council approved a…
Turkiye Finans, Zorlu Energy get regulator's nod for sukuk
Turkey's Capital Markets Board has approved issuance of ringgit-denominated Islamic bonds, or sukuk, by Turkiye Finans Katilim Bankasi and a…
Milaha elects new Board of Directors; Approves Amendments to Articles of Association
Qatar Navigation Q.S.C. announced that its Ordinary General Assembly, in its meeting on March 18, 2015 approved the company's audited…
DIFC sees 18 per cent growth in companies and 15 per cent increase in leased office space for 2015
The growth in new companies means that on average, DIFC granted license to one new company every working day of…
Islamic banking not expensive, says Bank Nizwa CEO
Islamic banking is not necessarily more 'expensive' than conventional banking and this misconception needs to be corrected along with other…
Qatar seeks regulatory norms for Islamic finance
Qatar, a big player in global Islamic finance, has called for a global regulatory framework for the industry, saying it…
World Bank praises Saudi Arabia for fighting graft
World Bank Vice President for Integrity Affairs Leonard McCarthy praised Saudi Arabia’s efforts in its fight against corruption. Addressing Saudi…
Qatar's Masraf Al Rayan eyes potential debut sukuk issue -sources
Masraf Al Rayan, Qatar's second-largest bank by market value, is eyeing a debut in the debt capital markets this year…
Central Bank Bahrain Treasury Bills oversubscribed 180 per cent
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the…
Gulf allies' cbank funds to arrive in Egypt within days -cbank head
Central bank deposits that Egypt's Gulf allies pledged at an investment summit will arrive in the country within days, the…