Islamic lifestyle: The story has just begun
The rapid growth in Islamic population has had a radical impact on the global economy. According to PwC, the global…
New Investment Products & Services
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State-run banks launch Islamic units, starting with Ziraat Bank
Deputy Prime Minister Ali Babacan announced that the Ziraat Participation Bank will be launched on May 29 with a ceremony…
BankersLab® Partners with Qarar to Bring Innovative Learning Solutions to the Middle East
BankersLab®, a leading provider of simulation-based training for the retail banking industry, today announced a strategic partnership with Dubai advanced…
New Dubai investment bank eyes health, education, realty, retail
Audacia Capital, the newly-established investment bank licensed and regulated by the Dubai Financial Services Authority (DFSA), has launched its operation…
Deloitte presents the 2015 Media Predictions for the Middle East as the official Media Partner at the Arab Media Forum
Deloitte has presented the 2015 Media Predictions for the Middle East at the Arab Media Forum, from its 2015 Technology,…
Masraf Al Rayan's UK subsidiary opens branch for GCC clients in London
Masraf Al Rayan's UK subsidiary, Al Rayan Bank, has officially opened its new private banking branch in Knightsbridge, London. …
Comparison website launches operations in Saudi Arabia
Amwalak.com has launched its finance comparison services in Saudi Arabia, allowing users to find, compare and apply for personal finance…
AXA gets Regulatory Initial Approval to enter Egypt Insurance Market
Egypt's market regulator has given a preliminary approval to set up an Egyptian arm for the France-based leading insurer Axa,…
Turkish banking watchdog certifies Ziraat Bank’s Islamic branch for operations
One of Turkey’s largest state-owned banks, Ziraat Bank, was authorized by the country’s banking regulator to begin operations in its…
Barclays and Invapay team up to provide new payment service across the UAE
In collaboration with Barclays in the UAE, Invapay announced today the launch of "ePayment - Purchase and Pay", which opens…
Khaleeji Commercial launches new financing product
Khaleeji Commercial Bank, a leading Islamic retail bank in Bahrain, has launched a new corporate financing product, I'teman Financing. …
Ministry of Finance announces Oman's debut sovereign sukuk
Oman's Ministry of Finance (MoF) announced the proposed issuance of the country's first sovereign sukuk on Sunday. The government sees…