S&P: profit and loss sharing may begin gaining ground in Islamic finance
Islamic banks might be inching closer to applying the principle of profit and loss sharing, says Standard & Poor's Ratings…
Uncategorized
47651 articles found
ITFC & Attijariwafa Bank sign an MoU to Enhance trade Financing Cooperation in Morocco and Africa
The International Islamic Trade Finance Cooperation, a member of the Islamic Development Bank Group, signed a Memorandum of Understanding with…
Islamic Wealth Management – Growing Stronger Globally
To date, the global Islamic fund and wealth management sector is on the rise, supported by strong demand from Muslim…
Profit repatriation impedes acquisition deals in local market
A number of foreign airlines, such as Air France and KLM, have halted their flights to Egypt which raises the…
Clock ticking down on Arabian Gulf loan repayments amid instability, says HSBC study
A debt crunch is looming for Arabian Gulf countries and corporates, according to new research from global bank HSBC. …
Gulf International Bank b.s.c. announces a 5.6 per cent increase in full year profit to $90.4 million
GIB recorded consolidated net income after tax of US$90.4 million for the year ended 31st December 2015, compared to US$85.6…
How technology is impacting financial advice
Increased mobile usage in the Middle East, coupled with the rise of the millennial generation, has paved the way for…
Boost your financial career with a specialisation
A career in banking and financial services is one of the most glamorous and lucrative careers for many young people. …
Dubai: 'ICD in talks to fund new Atlantis hotel'
State-owned Investment Corporation of Dubai is in talks with banks in a bid to raise around $1.1bn in loans to…
Turkish President calls for Islamic banking to reach 25 per cent
Speaking at the launch of the participation banking unit of Vakibank, Turkey’s third-largest state bank, President Recep Tayyip Erdogan said,…
Middle east remains key to yacht industry outlook
Leading figures within the yacht manufacturing industry will outline their predictions for growth in the Middle East market, at the…
Natixis appoints Executive MD for MENA
Natixis Global Asset Management, a multi-affiliate organization that offers a single point of access to more than 20 investment firms…