VP: financial sector spurs progress
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE’s Vice President and Prime Minister and Ruler of Dubai, has emphasised…
Regulation, Risk & Compliance
8931 articles found
Islamic banking thriving in Oman
Islamic banking in Oman is expected to grow at double-digit rates as sharia-compliant banking products increasingly gain acceptance and the…
Islamic banking in Oman likely to grow at double-digit rate
Muscat - Islamic banking in Oman is expected to grow at double-digit rates as Sharia-compliant banking products increasingly gain acceptance…
Qatar Investment Authority picks up $150 Million stake in Flipkart
A new report in Times of India has now claimed that Qatar-based QIA has picked up a huge $150 Million…
Serbia's central bank issues licence to UAE's Mirabank
Serbia's central bank has issued an operating licence to Mirabank, a unit of the United Arab Emirates-based Royal Group conglomerate,…
IFSB coducts public hearing on exposure drafts
The Islamic Financial Services Board (IFSB) yesterday conducted a public hearing on two exposure drafts, related to Islamic banking regulations…
Zurich and Citi sign Middle East bancassurance deal
Zurich and Citi have signed a 15 year bancassurance agreement to distribute life insurance products to retail clients across the…
Oman's Islamic Banking Assets Could Reach RO5BN by 2018: Study
Islamic banking in Oman is expected to grow at double-digit rates as shariacompliant banking products increasingly gain acceptance and the…
Former British Regulator Sants To Advise Abu Dhabi Financial Zone
Abu Dhabi’s new financial free zone has engaged Hector Sants, a former investment banker who headed Britain’s financial services regulator,…
Jordan Islamic Bank's ratings affirmed on 'Stable' Outlook
Capital Intelligence has affirmed Jordan Islamic Bank's Long and Short-Term Foreign Currency Ratings at 'BB-' and 'B', respectively. JIB's FCRs…
Do panic moves by central banks ever work?
A surprise interest rate hike by the Russian central bank late Monday night left analysts debating whether such "panicked" moves…
NBAD Sukuk income fund delivers 2.33 per cent dividends
The National Bank of Abu Dhabi NBAD’s Sukuk Income Fund has earned a total income of $798,923.60 which is equivalent…