Government support key for Islamic finance growth in UAE – experts
Government support in terms of regulations and standardisation is key for the growth of Islamic economy in the United Arab…
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Areva to Tap China, Gulf Investors in Capital Increase Plan
Areva SA will turn to investors in China and the Gulf states to raise a sizable piece of the capital…
Local Saudi Arabia mandate for HSBC
HSBC Saudi Arabia today announced that it has been mandated as local custodian to Ashmore Group, which is one of…
Abu Dhabi Global Market makes senior appointments in regulatory authority
Abu Dhabi Global Market has announced the appointments of Thomas Hirschi as Executive Director of Banking and Insurance and Philippe…
Islamic banks in Lebanon need new rules-Al Baraka
Islamic lenders will find it difficult to compete in Lebanon's banking sector without regulatory amendments to support growth of the…
Commercial Bank launches its “Reward Points Millionaire” campaign
Commercial Bank, Qatar’s first private bank, has announced the launch of its “Reward Points Millionaire” campaign, where one customer stands…
Alkhabeer Capital Appoints Musaad Mohammad Aldrees As Chairman
The Board of Directors of Alkhabeer Capital has announced that it has accepted the resignation of Mr. Saleh Mohammed Binladen…
KAMCO appoints Khaled Fouad as Chief Investment Officer
KAMCO Investment Company KSC Public is has announced the appointment of Mr. Khaled Hassan Fouad as the Chief Investment Officer.…
Sharia-compliant crowdfunder and Islamic Finance Council UK rewarded by ADIB-Thomson Reuters Ethical Finance Innovation Challenge and Awards
The Islamic Finance Council UK and crowdfunding platform Narwi were recognised at this year's prestigious Abu Dhabi Islamic Bank (ADIB)-…
GCC Pension funds worth US$397 billion: EY
Across the GCC, public pension funds amount to US$397 billion, representing nearly a quarter of GDP and US$15,000 per national.…
HBMSU’s Dubai Center for Islamic Banking and Finance launches Takaful report
The Dubai Center for Islamic Banking and Finance, a joint initiative of Hamdan Bin Mohammed Smart University and ‘Dubai the…
Dubai’s ruler launches Dhs 1bn global aid foundation
A new aid foundation with an annual budget of Dhs 1bn has been launched by the United Arab Emirates’ Vice…