Landmark Research In Islamic Finance: World Bank To Collaborate With Al Baraka
Al Baraka Banking Group today announced its collaboration with the World Bank to begin a research partnership that would be beneficial to the global …
Finance
The International Bank Of Azerbaijan To Drive Islamic Banking In Russia
The International Bank of Azerbaijan, the major state-owned bank holding at least 40 percent of all bank assets in the country, is determined to play …
BRIC Markets Bring Bigger Capital Inflow Into UAE Than MENA Markets Says Fortress Investments
Fortress Investments says that there is a significant increase in capital inflows into UAE from emerging markets, particularly the BRIC countries …
Economic Zone World Initiatives Spur Dubai’s Drive To Become Global Islamic Economic Hub
Economic Zone World Initiatives Spur Dubai’s Drive To Become Global Islamic Economic Hub
Over the past months, EZW has launched multiple projects to …
US and EU Economic Sanctions Increase Russian Halal Market Gains
Halal sector is unlikely to be hit by US and EU economic sanctions
In the days of Ramadan 1435 and afterwards Russia has become a frequent player on …
Report Suggests Ways To Make Dubai As The Capital Of The Islamic Economy
DUBAI, The Dubai Islamic Economy Development Centre, DIEDC, in partnership with Thomson Reuters and the Dubai Chamber of Commerce and Industry, has …
Expectation High As Lotus Halal Traded Fund Lists On NSE
We have seen the listing of other Exchange Traded Funds in the Nigerian market i.e. the NEWGOLD Exchange Traded Fund and the Vetiva Griffin 30 …
SABB/HSBC PMI Index: Strongest Improvement In Operating Conditions Since September 2012
SABB/HSBC PMI Index: Strongest Improvement In Operating Conditions Since September 2012
The Saudi British Bank “SABB” has published the …
Astra Industrial Obtain Islamic Banking Facilites
Astra Industrial has recently announced the signing of an Islamic banking facilities agreement with The Saudi British Bank (SABB).
The loan was …
Dubai: Debt Restructuring Proposal Approved For Almak
Dubai’s Amlak Finance said on Thursday that a proposal to restructure its debt had been approved by all its creditors, and that shares in the …
Deloitte: Middle Eastern Banks Seize Opportunities For Global Expansion
Deloitte: Bank M&A transactions set to outpace GDP growth in emerging markets
World trade flows, increased gross domestic product (GDP), a …
Islamic Finance: Bahrain’s Investcorp Says Full-Year Net Profit Up 25%
Bahrain-based alternative investment fund Investcorp posted a 25 percent gain in annual net profit on Monday, boosted by a resurgence in private …
UAE’s Dana Gas Q2 Net Profit Jumps 70% On Higher Production
UAE’s Dana Gas Q2 Net Profit Jumps 70% On Higher Production
Dana Gas, the United Arab Emirates energy firm, said on Wednesday that its …
China, Malaysia Promote Chinese Halal Industry Globally
The strong ties between China and Malaysia, particularly in the thriving Halal industry, were further reinforced at the recent Multinational …
Dubai Investments Says H1 Net Profit More Than Doubles
Dubai Investments said on Sunday that its net profit for the first six months of the year more than doubled, on the back of gains from the divestment …
UAE: Watania’s Majority Shareholders To Sell Stakes
Abu Dhabi-listed Islamic insurer National Takaful Company (Watania) said on Sunday its majority shareholders had agreed to sell stakes to strategic …
Dubai’s Arabtec Announces Q2 Net Profit Up 11%
Dubai’s Arabtec Announces Q2 Net Profit Up 11%
Arabtec, the construction company at the centre of Dubai’s stock market turmoil, reported …
MSCI Is Considering to Add Saudi Arabia As Emerging Islamic Market In 2015
Index compiler MSCI will consult with investors about adding Saudi Arabia to its broader stock indices and could make a decision to include it as an …
Islamic Financial Products Gaining Popularity In The Gulf
The financial landscape in the Gulf region is undergoing a significant transformation. Islamic financial products, which comply with Shariah (Islamic …
UAE Set To Issue First Federal Gov’t Bonds Before 2018
UAE Set To Issue First Federal Gov’t Bonds Before 2018
The UAE is expected to issue its first ever federal government bonds before 2018 to help …
Cash Rich Japan – Where To Invest?
A view on Japan’s stance on multi-billion dollar Islamic Finance markets – Nasir A. Khan
Where to invest? Thinking out of the box
With a …
Sharia Finance: Plenty Of Interest In No Interest
The British Government is believed to be planning to raise funds by issuing Shariah-compliant financial products.
Junaid Abbas Bhatti, an expert in …
Islamic Economies Are Set To Spiral Over The Next Decade
Islamic economies are already a significant part of the global economy and are set to become even more important over the next decade. Contrary to …
Exploring the Position Of Bitcoins in Islamic Banking and Finance
Islamic Banking and Finance
It may be too early to form a final opinion about Bitcoins (BTC) as a viable currency. In particular, it depends on its …