Africa: Islamic Finance Taking Baby Steps By Opening Islamic Windows In Conventional Banks
Fadi Yazbeck, Product Manager for Islamic Banking at Temenos, explains why Islamic windows might be the way forward.
While the Islamic banking market …
Finance
Qatari Stocks: Investors Should Move To Fairly-Priced Stocks
DOHA: With a significant number of Qatari stocks heading to ‘premium range’, especially after the market upgrade by the MSCI, it is time …
Malaysia Attracting Foreign Investments In The Halal Sector
Kuala Lumpur:–With its modern infrastructures, good administrative regulations, sound legal system rooted in common law, growing Muslim …
FIFA Rattles Qatari Sukuk Performance
Qatar — Prospects for the 2022 World Cup in Qatar are unsettling bond investors already rattled by political turmoil between the country and its …
Malaysia, Singapore Competing For A Share Of Bond Issuance In Chinese Yuan
Malaysia and Singapore’s governments, competing for a share of bond issuance in a globalizing Chinese yuan, are finding big-cat branding alone isn’t …
Malaysia Sales Gather Pace With Biggest Sukuk Of 2014
The world’s biggest Islamic debt offering of 2014 from Malaysia’s sovereign wealth fund will push the nation’s sukuk sales beyond 50 billion ringgit …
Bahra Cables Arranges $265m Islamic Financing
, Dubai, UAE– Building on the confidence and recognition Bahra Advanced Cable Manufacturing Co. Ltd. had with the local banks, the company added …
Tabung Haji Denies Investment In The United States
KUALA LUMPUR: Lembaga Tabung Haji (TH) on Monday denied that it has made an investment in the United States (US).
“TH expressed regret over the …
Jafza Achieves 21% Growth In H1, 2014
Jebel Ali Free Zone (Jafza), the flagship free zone operation of Dubai and the UAE has posted over 21% growth in the number of new joiners in the …
Mohamed Damak Appointed S&P’s Global Head Of Islamic Finance
DUBAI – Standard & Poor’s Ratings Services (S&P) announced the appointment of Dr. Mohamed Damak as Global Head of Islamic Finance, …
Female Bank CEOs Deepen Malaysia Expertise Pool In Islamic Finance
Kuala Lumpur — In her native Malaysia, Hong Leong Islamic Bank Bhd. Chief Executive Officer Raja Teh Maimunah Raja Abdul Aziz says she has never …
Sultan Nazrin Becomes Royal Patron For Malaysia’s Islamic Finance Initiative
KUALA LUMPUR — The Sultan of Perak, Sultan Nazrin Muizzuddin Shah, has graciously consented to be the Royal Patron for Malaysia’s Islamic …
Law Firms Flocking To Dubai To Grab Islamic Finance Opportunities
As Dubai has been planning to become the capital of Islamic Economy for quite some time now, several major law firms from all over the world have been …
UK Introduces Shariah-Compliant Loans For Muslim Students
The UK government’s initiative to introduce Sharia-compliant alternative student finance (ASF) marks a significant development aimed at …
Bank Nizwa Achieves 80% Of Two-Year Network Expansion Plan
Oman – Bank Nizwa has achieved 80% of its end of 2014 targeted network expansion plan with the opening of its latest branch in Samail. The new …
Ethical Sukuk Boosted By Vaccine-Funding Debut: Islamic Finance
A group that’s raised $4.5 billion for child vaccinations since its inception in 2006 plans to tap the Islamic debt market for the first time, …
Growth Of Islamic Insurance Sector Rebounding, Study Finds
Growth of takaful (Islamic insurance) business is rebounding, fuelled by improved economic conditions across its core markets and increased …
SWIFT Rulebook To Enable STP In Islamic Finance
Along with the Association of Islamic Banking Institutions Malaysia (AIBIM) and the Malaysian Islamic financial community, SWIFT is launching a new …
JADWA Investment Wins Banker Middle East’s “Best Islamic Fund” Award
Riyadh, :Jadwa Investment , a leading Saudi Arabian investment management firm headquartered in Riyadh, announced that its “Jadwa Saudi Equity …
ICD, BTMU Malaysia Sign Financing Deal
KUALA LUMPUR – The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank …
Takaful Industry’s Rise Highlights Rich Prospects Despite Market Challenges
With the global Islamic finance markets exuding vitality as they sail past the $2 trillion mark, the Takaful industry – a Shariah-compliant form …
IFSB And BIBF To Debut Inaugural Islamic Finance Executive Programme In October 2014
Manama, Bahrain -: BIBF and the Islamic Financial Services Board (IFSB) is organising the debut of their joint IFSB-BIBF Islamic Finance Executive …
Building Scale: Adapting To A Changing Market For Islamic Cooperative Insurance In The Middle East
More than 250 key players and thought leaders in the Middle East insurance and reinsurance industry will be gathering on the 13th & 14th of …
More Non-Muslim Government Sukuk Issuers To Hit Market
Dubai: As the hard currency denominated sukuk issuance gains momentum, analysts expect more new Islamic and non-Islamic sovereign issuers to enter the …