Iran paves way for corporates with lease-based Islamic bonds
Iran's Ministry of Finance has issued 5 trillion rials ($145 million at the free market exchange rate) of lease-based Islamic…
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Qatar International Islamic Bank plans Tier 1 Sukuk issue
The meeting delegated the bank’s board of directors' to decide the size of each issuance ,terms and conditions and issuance…
NBK to increase capital by 6.5pc
National Bank of Kuwait’s board of directors has agreed to increase the bank’s capital through a 6.5 per cent rights…
Schroders appoints Head of EMEA Marketing and creates new role to focus on digital ambitions
Schroders has announced the appointment of Courtney Waterman to the role of Head of EMEA Marketing and the internal appointment…
Government of Iran issues Sukuk al Ijarah, banking relations normalising
The issue marks the first use by the Government of Iran of such bonds. Previously, in September 2015, another…
Path Solution joins CIBAFI, the world renown General Council for Islamic Banks and Financial Institutions
Path Solutions is happy to announce that it has joined CIBAFI, the General Council for Islamic Banks and Financial Institutions…
Deutsche Bank Needs More Than Qatar's Help
The support this week of a key shareholder should provide some cover for embattled Deutsche Bank Supervisory Board Chairman Paul…
Northern Trust makes senior appointment for EMEA and APAC
Northern Trust has announced the appointment of Joseph Gillingwater as head of fixed income securities lending trading for Europe, Middle…
Global Islamic Wealth Management Industry Faces Trust Deficit
A global survey on the Knowledge, Attitude and Practices of the Global Islamic Wealth Management Industry conducted by Edbiz Consulting,…
Qatar First Bank reports a net income of QAR 66 million in 2015
Qatar First Bank, Qatar's leading Shari'ah compliant bank, Authorized by QFC Regulatory authority, offering investment opportunities and innovative financial solutions…
GGICO Reports Net Profit of AED 20 million
Diversified conglomerate Gulf General Investment Co. PSC reported a net profit of AED 20 million for the year 2015, as…
Wealthy Qataris are pouring so much money into London that there's now a 'Qatari Quarter'
Super wealthy investors from the tiny, but incredibly rich, Gulf State of Qatar now own more than £1 billion ($1.4…