Sunday 18 February 2018
 
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Islamic Finance

UAE, Bahrain top Islamic Finance global rankings

The UAE, Bahrain and Malaysia are leading the Islamic Finance Development Report and Indicator (IFDI) country rankings for the fifth consecutive year, stated Thomson Reuters, a leading provider of intelligent information for businesses and profe

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Thomson Reuters to unveil key Islamic banking reports

Thomson Reuters will launch groundbreaking reports on the Islamic Finance Industry, providing industry leaders with invaluable strategic insights, at the The World Islamic Banking Conference (WIBC) under way in Bahrain.  

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Islamic finance assets to surge to $3.8trn by 2022

The assets of the Islamic finance sector, which were estimated at over $2 trillion in 2016, are expected to surge to $3.8 trillion by 2022, said the State of the Global Islamic Economy Report 2017-2018 issued by the Dubai Islamic Economy Develop

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Saudi cement firm inks Islamic finance deal

Saudi-based Umm Al Qura Cement Company has signed a key Islamic financing agreement with Riyad Bank to secure a SR50 million ($13.3 million) loan. The loan will be used for funding an increase in working capital as well as the cap

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Abu Dhabi to host key Islamic financial summit

Industry leaders and experts from across the globe will be in Abu Dhabi for a major summit of the Islamic Financial Services Board, IFSB 2017 which kicks off next month. The Central Bank of the UAE will host the event under the th

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Islamic finance growth 'likely to slow in 2018'

The Islamic finance industry will continue to expand this year, but lose some momentum in 2018, said S&P Global Ratings in a new report. The industry's assets reached $2 trillion at year-end 2016, slightly below our Septem

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Ithmaar honours staff over Islamic finance training

Ithmaar Bank, a Bahrain-based Islamic retail bank, recently honoured 10 employees who earned professional certificates in Islamic finance from the Bahrain Institute of Banking and Finance (BIBF). The employees, from various depart

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Dubai makes big strides in key Islamic economy sectors

The Dubai Islamic Economy Development Centre (DIEDC) has announced that remarkable progress has been achieved in three strategic sectors of Islamic economy – Islamic finance, halal trade and industry, and Islamic lifestyle in the emirate.

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IFSB, DFSA seminar on liquidity in Islamic finance

The Islamic Financial Services Board (IFSB) and the Dubai Financial Services Authority (DFSA) successfully organised a joint seminar on liquidity generating innovations in Islamic finance in Dubai, UAE. Themed “The Role of S

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Responsible finance summit focus on Islamic fintech

With the retail share of responsible investment doubling to 26 per cent in 2016, ethical, responsible and Islamic fintech can support further growth to deliver the financial products, experts said at a summit in Zurich, Switzerland.

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