Bahrain's gross domestic product (GDP) is expected to grow more than five per cent this year, said the chief economist of Bahrain Economic Development Board.
Dr Jarmo Kotilaine said the oil sector normalisation is likely to be
The global Sukuk market is expected to grow more than 140 per cent to reach $292 billion in issuances by 2016, said a top official ahead of an upcoming global Islamic funds summit in Bahrain.
“The potential size of the Islam
Delegates and speakers from 25 countries who took part in the eighth Annual World Islamic Funds and Financial Markets Conference declared it as a major success with high-quality speakers and very positive feedback from the attendees.
Thomson Reuters has added leading Islamic scholars and bankers to the supervisory bodies of the Islamic Interbank Benchmark Rate (IIBR), expanding geographic and community representation on IIBR Shariah panel and Islamic benchmark commit
Islamic financial products represent a class of investment which appeals to those looking for socially responsible or ethical investments and are a fast-growing asset class globally, according to a top Central Bank of Bahrain (CBB) official.
Sukuk issuance in 2011 hit a record $85 billion, which was two-and-a-half times the pre-financial crisis record of $33 billion issued in 2007, said a top official.
'This huge increase indicates that the Islamic capital markets are back
Jadwa Investment, a leading Saudi investment bank, won top honours at the seventh Annual World Islamic Funds and Financial Markets Conference (WIFFMC) being held in Bahrain.
Jadwa was voted as the "2011 WIFFMC Islamic Investment Institutio
More than 400 industry leaders from international Islamic funds and investments industry will be in Bahrain to attend the 7th Annual World Islamic Funds and Financial Markets Conference (WIFFMC 2011) which opens tomorrow.
The event is bein
Capinnova Investment Bank, the Shari’a compliant investment banking arm of BBK, has signed up as gold strategic partner for the upcoming 'World Islamic Funds and Financial Markets Conference (WIFFMC 2011) in Bahrain.
The world’s most i
The Islamic funds and investments industry is gaining substantial momentum at a global level as more and more international issuers and investors continue to seek Sharia-compliant instruments as an attractive alternative for raising capital, said