Saturday 22 July 2017
 
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Islamic Finance

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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Sukuk markets likely to stay subdued in 2017

The sukuk market will remain subdued in 2017, since the issuance process is still quite complex, says S&P Global Ratings in a new article. When oil prices started falling in 2014, several market observers predicted an issuance

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Bahrain WIBC draws over 1,300 financial experts

More than 1,300 leading regional and international players in the global finance sector are taking part in the ongoing World Islamic Banking Conference (WIBC) in Bahrain. The WIBC has established its reputation as the world’

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Islamic finance assets grew 7pc to $2trn in 2015

Global Islamic finance assets grew 7 per cent hitting $2 trillion at the end of 2015, according to the Islamic Finance Development Report released at the World Islamic Banking conference (WIBC) 2016 in Bahrain. The fourth edition

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Islamic finance sector ‘showing strong growth’

Islamic financial institutions' business activities must comply with Islamic law (Sharia) and the industry has shown strong growth over the past decade, said an industry expert. “Therefore, we think Sharia governance wil

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UNB, Ducab review progress on financing

Senior officials from Union National Bank (UNB) visited Ducab senior management and facilities to review progress on the Dh350 million ($95 million) loaned to Ducab group under a long-standing Islamic financing partnership.  

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