IFSB, DFSA Hold Seminar on Liquidity in Islamic Finance
KUALA LUMPUR, The Islamic Financial Services Board (IFSB) and the Dubai Financial Services Authority (DFSA) successfully organised a joint seminar on …
Finance
Workshop on Sukuk Model Law Project Held In Brunei
The Islamic Research and Training Institute (IRTI) and the Islamic Development Bank (IDB) organized a regional consultation workshop on Sukuk Model …
IDB to Discuss ‘Youth Empowerment’ In OIC Countries
JEDDAH, Saudi Arabia, May 1, 2017
JEDDAH, Saudi Arabia, May 1, 2017
Aiming to Connect Education to Labour Market Requirements.Intensive preparations …
Agrani Bank Bangladesh Starts Offering Islamic Banking Services
Agrani Bank Limited, a leading state-owned commercial bank with 935 outlets throughout Bangladesh, recently inaugurated the implementation of …
Surging Demand for Islamic Finance Expertise Untapped by Kenyan Universities
Higher education institutions in Kenya are yet to tap into the growing and lucrative demand for Islamic finance professionals needed by the …
Emirates Islamic Offers Bonus Skywards Miles
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a mega Miles campaign on its Skywards Cards.
The bank …
Dubai Financial Services Authority Co-hosts Seminar On Islamic Finance
The Dubai Financial Services Authority (DFSA) hosted a seminar on “Liquidity Generating Innovations in Islamic Finance” in conjunction with the …
Is Dominance of Sukuk Issuance Shifting to Saudi Arabia?
WHAT is the total volume of foreign currency sukuk issued in Saudi Arabia and Malaysia in Q1 2017? The figure for Saudi Arabia, my research shows, is …
Aneka Gas Industri, Indonesia to Raise Rp 400b From Bond Sale in May
Jakarta. Aneka Gas Industri, Indonesia’s largest supplier of industrial gas, is planning to raise Rp 400 billion ($30 million) from the sale of …
Solid Growth in Islamic IAs Expected to Normalise
INVESTMENT accounts (IA) in the Islamic banking industry have grown at a strong pace since they were introduced in Malaysia almost two years ago — …
‘Fintech’ Seen Changing Old Models of Islamic Finance
Islamic finance, which has enjoyed double-digit growth rates over the past decade with total assets reaching $2tn globally, offers a big growth …
Saudis Pick Dublin for Record Islamic Finance Bond Deal
Saudi Arabia listed its biggest ever sharia-compliant bond, known as a sukuk, on the Irish Stock Exchange yesterday, cementing Dublin’s …
Japan Keeps Making Inroads into Global Islamic Finance
The world’s third-largest economy, Japan, continues foraying into the global Islamic finance sector in order to benefit from previously untapped …
Uganda Ready to Welcome Qatar’s Islamic Banks
The Republic of Uganda, which is working aggressively to attract Qatari investors to all sectors of its booming economy, is ready to welcome Islamic …
Sohar Islamic Participates In Intercollegiate Career Fair
Muscat – In line with its core values of supporting the community in the sultanate and developing employment opportunities for Omani youth, …
Ibdar Bank Appoints Ayman Sejiny as CEO
“I am pleased to welcome Ayman Sejiny as Chief Executive Officer of Ibdar Bank. Ibdar is building a fresh thinking, world class management team, and …
QIB-UK Finances Buy-to-Live Properties in London
QIB-UK, a wholly owned subsidiary of QIB Group, has received official licensing to directly provide Sharia-compliant Murabaha Facilities for London …
Bank Nizwa Appoints Dr Mansour Alqudah as Head of Shari’a Compliance
Bank Nizwa announced the appointment of Dr. Mansour Ali Muhammad Alqudah as its new Head of Shari’a compliance. In his new role, Alqudah will be …
With ‘Charity House’, Islamic Banking Eyes Welfare and Image Overhaul
KUALA LUMPUR ― Nearly three decades old here, Islamic banking is still grappling with perception problems. On the one hand, critics claim the industry …
Malaysia Leads in Issuance of Sukuk Bonds
Kuala Lumpur:- Malaysia is leading in issuance of Sukuk bonds with a ratio of 1:1 as compared to conventional bonds. Assistant Vice Chancellor, …
Ummah Finance to Become First UK-Based Mobile Islamic Bank
Ummah Finance aims to be “the first UK born Islamic bank solely set up and operating from London”, with a fully digital proposition.
Whilst there are …
New Rules for Zakat, Tax Collection OK’d In Saudi Arabia
Riyadh: — The Council of Ministers on Monday approved new regulations to enable the General Authority of Zakat and Tax to carry out its main task of …
Bank Nizwa Launches ‘Islamic Finance Knowledge Series’ 2017
Bank Nizwa launched the 2017 edition of its ‘Islamic Finance Knowledge Series’ with several workshops in the Governorates of Al Dhahirah, …
Proposed New Sukuk Guidelines to Boost Standardization of Rules
Dubai: New proposals by Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) for accounting and classification guidelines …