Saturday 13 February 2016
 
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Islamic

Saudi offers greater role in air war on Islamic State

Saudi Arabia has decided to increase its military contributions to the campaign against Islamic State, including offering to expand its role in the air campaign, US Defense Secretary Ash Carter's spokesman said after bilateral talks.

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International Islamic Trade Finance to open branch in Dubai

UAE Ministry of Finance has signed a deal with International Islamic Trade Finance Corporation, a subsidiary of the Islamic Development Bank Group, to establish a branch and start its operations in Dubai.   The a

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IRTI to launch free online Islamic finance courses on edX

The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank Group has signed a deal with leading provider of Massive Open Online Courses (MOOCs), edX, to deliver Islamic banking and finance courses.  

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IRTI to launch free online Islamic finance courses on edX

The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank Group has signed a deal with leading provider of Massive Open Online Courses (MOOCs), edX, to deliver Islamic banking and finance courses.  

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World Islamic body backs Saudi stance in Iran spat

The world's largest Muslim body backed Saudi Arabia in its weeks-long diplomatic spat with Iran in a statement issued on Thursday night, accusing Tehran of backing terrorism and meddling in other countries' affairs.  

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Pan-Islamic body urges de-escalation in Saudi-Iran dispute

The world's largest Muslim body called for a de-escalation of tensions between regional rivals Saudi Arabia and Iran, telling member countries that unity was required to eradicate terrorism.   The pan-Islamic

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Al Hilal Bank closes $175m two-year Islamic loan

Abu Dhabi's government-owned Al Hilal Bank has closed a $175 million Islamic loan transaction with three banks, sources aware of the matter told Reuters on Thursday.   The loan has a life span of two years, t

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Barwa Real Estate signs $444m Islamic loan

Qatar's Barwa Real Estate said it had signed a $444.3-million sharia-complaint loan with Islamic bank Masraf Al Rayan.   The loan is for five to seven years and will be used to refinance earlier borrowings, B

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Islamic Development Bank in talks for Q1 sukuk issue

Jeddah-based Islamic Development Bank (IDB) has invited banks to pitch for roles in arranging a potential dollar-denominated sukuk, sources familiar with the matter told Reuters on Thursday.   The AAA-rated IDB i

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Aafaq Islamic Finance to launch Dubai encyclopedia

Aafaq Islamic Finance, a provider of innovative Islamic financial services and products, is set to launch 'Dubai: A World Icon' encyclopedia in November.   Abdul Jaleel Al-Blouki, vice chairman, said: &ld

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