Islamic Finance in Indonesia: Sharia Banking Has Large Untapped Potential
Having the world’s largest Muslim population and experiencing sustained economic growth at a pace of +5 percent implies that Indonesia harbours great …
Finance
Rapid Growth In Islamic Capital Market To Be Scrutinized At ICA Conference
Key factors behind the recent prosperity of Islamic capital markets and prospects for sustainable growth will be analysed at the ICA Conference …
Emirates Islamic Partners With Union Coop. To Launch Co-Branded Card
Emirates Islamic has announced a partnership with Union Cooperative Society to launch the Emirates Islamic Union Coop. Tamayaz co-branded …
UAE, Saudi Arabia Offer Opportunities For The Islamic Insurance Sector
According to the EY report Waves of change: The shifting insurance landscape in rapid-growth markets, significant opportunities for growth are present …
Dubai: National Bonds Wins ‘Best Islamic Savings Product for 2014’ Award
Dubai-UAE: – National Bonds Corporation , the leading sharia’a-compliant savings and Investments Company in the UAE, has scooped the award …
WIEF: Islamic Economy Has A Larger Role To Play
WIEF annual meeting in Dubai rightly focuses on ways to build global human ties across cultures
The rapidly growing power of the Islamic economy was …
Dubai: Sheikh Muhammad Opens World Islamic Economic Forum
Nine heads of state, 12 ministers, four Central Bank Governors attending occasion in Dubai
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, …
Tunisia Plans $500 Million Sukuk Debut Before Dec, 2014
Tunisia, where nationals began voting in favor of another parliament, arrangements to raise $500 million from the offer of sukuk before one month from …
Mega Bank Merger Deal Re-Drawn To Ensure Easier Passage, Say Sources
IT is unlikely that the listing committee of Bursa Malaysia will give a waiver to the Employees Provident Fund (EPF) to vote for the proposed merger …
Egyptian Saudi Insurance House Invests In Egypt’s SALAMA Takaful Firm
Egyptian Saudi Insurance House and Faisal Islamic Bank are planning to contribute in Salama Family Takaful Company (Life Insurance) in Egypt in which …
Dar Seeks Foreign Investment In Pakistan
WASHINGTON – Federal Minister for Finance and Economic Affairs Senator Ishaq Dar in his meeting with United States Trade Representative (USTR) Michael …
Tunisia Sends RFPs For Its First Dollar Sukuk Debut
LONDON, – The Republic of Tunisia has sent banks request for proposals (RFPs) for a potential US dollar denominated sukuk transaction, according …
52 Listed Companies In The Philippines Become Shariah-Compliant
Fifty-two publicly listed companies in the country, including six which are part of the main-share Philippine Stock Exchange index, made it to the …
Oman Sets Up Shariah Supervisory Board To Streamline Islamic Banking Activities
Oman — Oman’s central bank has set up a shariah supervisory board to help oversee the sultanate’s Islamic banking industry, a centralised model …
Bahrain Bourse Going To Introduce Range Of Islamic Financial Products
Bahrain’s stock exchange plans to launch a range of Islamic investment products, including a novel equity-based murabaha financing tool and Islamic …
Islamic Finance Industry Growing 16% Every Year
Abu Dhabi: Abu Dhabi Islamic Bank (ADIB) said the Islamic finance industry is growing rapidly, with global assets increasing by an estimated 16 per …
Aafaq Islamic Finance Obtained Three Global Awards
In line with consecutive successes, aafaq islamic finance obtained three global awards the first one was “Best Services Provider for …
National Bank of Fujairah Launches NBF Islamic
Fujaira, UAE– National Bank of Fujairah (NBF) PJSC today announced the launch of NBF Islamic, a service proposition that seeks to provide …
Islamic Bank of Britain launches UK’s First Home Purchase Plan
Islamic Bank of Britain plc (IBB), (www.islamic-bank.com), the UK’s only wholly Sharia compliant retail bank, today announced the launch of its …
Kuwait: KFH To Continue Serving Clients During Eid Holidays
Kuwait – Kuwait Finance House (KFH) announced that it is ready to fulfill its commitments towards its clients during Eid, where it will continue …
Oman: KPMG Briefs Clients On New Financial Reporting Sandards
Muscat – KPMG, one of the world’s most trusted accounting firms, briefed clients in Oman about the latest developments and new standards …
Saudi’s Fawaz Alhokair Signs $200m Islamic Loan With SocGen
Alhokair said on Thursday the facility will fund the acquisition and other expansion by the company
Saudi Arabia’s Fawaz Abdulaziz Alhokair Co signed …
Warba Bank Launches Its Point Of Sale Service Website
Kuwait – Warba Bank announced the launch of a website for Point of Sale (POS) Service & Payment Gateway. The service was launched in March …
Dubai’s FBMG Endorses ‘Unique Business Potential’ Of Upcoming Food Show
Dubai Chamber of Commerce & Industry Entity Says Dedicated Food Processing Show Will Provide UAE F&B Producers with Technology and Tools to …