Leading property experts from the UK, Middle East and Asia, will be London for a major summit which will put focus on the Islamic real estate finance market segment.
The IREF Summit 2014, the 11th in the series, will run from Dece
Aafaq – Islamic Finance, a UAE-based leading Sharia'a-compliant financial institution, has carried out its first transaction on the Nasdaq Dubai Murabaha Platform, which provides Islamic financing services.
The Kuala Lumpur-based Islamic Financial Services Board (IFSB) has released draft guidance on liquidity risk management for Islamic banks and a new standard for regulatory supervision, as the industry body tightens oversight of banking practices
Islamic finance will become a norm rather than an alternative in the near future, driving the growth of small and medium enterprises (SMEs) and Islamic trade, according to international banking professionals.
SMEs play a large rol
The Islamic unit of Bank Muscat , Oman's largest lender, plans to tap the Islamic bond market in the first quarter of next year, in what would be the first sukuk sale by a bank in the country, a bank official said on Wednesday.
The GCC Islamic Finance industry is expected to maintain its rapid growth over the coming years despite mixed results across sectors in 2014, according to Standard & Poor’s Ratings Services (S&P).
The GCC Islamic Fin
Oman's central bank has set up a sharia supervisory board to help oversee the sultanate's Islamic banking industry, a centralised model that is increasingly being adopted across the global industry but remains a rarity in the Gulf.
Bahra Advanced Cable Manufacturing Company, a leading cable manufacturing company in Saudi Arabia, has received an Islamic financing of $265 million from Standard Chartered bank.
The company will utilise $200 million as a short-term Isl
Turkish Islamic lender Turkiye Finans Katilim Bankasi plans to establish a presence in Bahrain, in what would be its first overseas foray and a welcome addition to the Kingdom's Islamic banking sector.
Turkiye Finans, in which
GCC's gross takaful contribution is estimated to reach around $8.9 billion in 2014 from an estimated $7.9 billion last year, according to a new report.
Global Takaful Insights 2014, the latest report from EY, a multinational p