Takaful reports Q2 net profits
Takaful Emarat Insurance reported on Tuesday net profits of Dh1.08 million for the second quarter of this year, marking an…
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Not all sukuk are created equal, IMF study finds
Investors treat a company's shares differently depending on the specific types of Islamic bond it issues and the reputation of…
aafaq – Islamic Finance Company and MENACORP sign strategic partnership
aafaq - Islamic Finance Company, a UAE-based leading Shari'a-compliant financial services group and MENACORP, the UAE's leading investment bank, have…
Bahrain's Gulf Finance House Q2 net profit jumps 252 pct
Bahrain's Gulf Finance House reported a 252 percent increase in second-quarter net profit on Wednesday. The firm, which suffered heavily…
Kuwait's KFH says waiting on approval to hire new CEO
Kuwait Finance House is awaiting regulatory approval to hire the former head of consumer banking at National Bank of Kuwait…
Islamic economy chief calls on banks to help SMEs
Start-ups and small businesses are the lifeblood of any economy, and the UAE has been trying to encourage more entrepreneurs…
Faith in Islamic finance on the rise in non-Muslim world
The growth of the global Islamic finance industry is most often measured by value of assets. While this indicator is…
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…
Bahrain Islamic Bank H1 net profit up 67%
In a Press Release issued by the Bank Mr. Abdul Razak Abdulla Hassan Al Qassim - Chairman of the Board…
Scholar Fees Targeted by Regulators: Islamic Finance
Islamic finance regulators are working to reduce the role of scholars, blaming delays and excessive fees for stifling growth in…
Faisal Islamic Bank of Egypt Selects SunGard
Faisal Islamic Bank of Egypt , the first Islamic Bank in Egypt, has selected SunGard's suite of enterprise risk management…
Deloitte Banks in the Middle East seize opportunities for global expansion
World trade flows, increased gross domestic product (GDP), a growing middle class and new technologies will help banks based in…