Translation of ISRA textbook into Arabic
The project was officially commenced in 2012, completed in 2013 and launched on 21st May 2014 at the 7th IFMSChair…
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As Saudi bourse opens, foreigners face clash of investment cultures
Seventy-year-old Saudi Arabian stock speculator Mohamed al-Otaibi says he lost hundreds of thousands of dollars in the crash of 2006,…
UAE’s Al Etihad Credit Bureau will begin operations next month
The UAE’s nascent credit bureau will begin operations next month to help banks assess the ability of clients to pay…
Eiger Trading launches world first 24/7 automated retail and wholesale Murabaha platform
Eiger Trading has announced the launch of the first ever fully-automated, Shariah-compliant 24/7 Commodity Murabaha platform. Rolled out in…
Omani bank uses fingerprint authentication
Bank Muscat, one of the main banks in Oman, has rolled out a biometric system that works in conjunction with…
Bank Muscat Oryx Fund expands to MENA region
Bank Muscat Oryx Fund, managed by the Asset Management division of Bank Muscat, has decided to widen the objective of…
HDFC Bank's DIFC branch to target high networth non-resident Indians
HDFC Bank Ltd, India’s second-largest private sector lender, announced on Monday the opening of its third overseas branch at Dubai…
QCB set to issue QR4bn T-Bills
Qatar Central Bank ( QCB ) will issue QR4bn worth of local currency Treasury bills next week. The T-bills,…
Dubai’s Hotel Boom Has Designer Labels
The air-conditioning vents in the Palazzo Versace hotel here zigzag like the Versace design. Every piece of the giant, colorful…
Simmons’ alliance partner expands in Saudi
Simmons & Simmons’ alliance firm in Saudi Arabia, Hammad & Al-Mehda, is extending its reach with a new office in…
Emirate of Sharjah mandates banks for debut sukuk
The emirate of Sharjah has appointed HSBC, National Bank of Abu Dhabi and Standard Chartered to manage a debut sukuk…
Jordan: PM attends ceremony to launch Islamic finance bonds
Prime Minister Abdullah Ensour attended on Thursday a ceremony to launch Islamic Sukuk (finance bonds), organised by the national capital…