QInvest unveils new growth strategy
QInvest today unveiled its new strategy to deliver long term sustainable growth. The new strategy has streamlined the bank into…
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Islamic Finance Development Center to open in Istanbul
The center will collaborate with stakeholders in the areas of Islamic economics and finance, including international financial institutions, standard-setting bodies,…
Abu Dhabi Islamic Bank tops UAE banks in Ethos Consultancy Benchmark Index
The Bank Benchmark Index Awards were created by Ethos Consultancy to recognise banks that value customer service and strive for…
AUMs in Islamic finance reached $1.76 trillion in 2012, claims Markaz
In the executive summary of its report on GCC Islamic Finance, Kuwait Financial Centre “Markaz” notes that at the end…
Bank Muscat reports 1.6 per cent fall in first nine month's profits
BankMuscat posted net profit of OMR 102.51 million for the period compared to OMR 104.19 million reported during the same…
Giant Kuwait fund picks ex-BAML pair for new London unit
The Kuwait Investment Authority, which was part of a consortium that bid for UK water company Severn Trent earlier this…
Islamic investment banks in Gulf eye slimmed-down future
Management changes at some of the Gulf's best-known Islamic investment banks point to a fresh start for a sector which…
Morgan Lewis advises FWU on Inaugural Sukuk on life insurance contracts
This represents the first time an Islamic bond structure has been deployed on a block of life insurance policy contracts.…
EFG Hermes participates in listing BLME on NASDAQ Dubai
EFG Hermes, the leading investment bank in the Arab world, announces the technical listing of the Bank of London and…
Dr. Fatima Al-Blooshi: Islamic microfinance should be introduced internationally
Delegates from more than 30 countries participated actively and this Forum, organised and conducted by AlHuda Centre of Islamic Banking…
Arab Spring to cost $800 billion
The Arab Spring uprisings will end up costing Middle Eastern economies about $800 billion in lost output by the end…
Islamic Finance Development Center to open in Istanbul
The center will collaborate with stakeholders in the areas of Islamic economics and finance, including international financial institutions, standard-setting bodies,…