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Islamic finance looks to shake off pricing hitchIslamic finance has been one of the fastest-growing sectors in global finance but the industry has yet to shake off perceptions about high costs and complexity that are holding back some issuers. Sukuk, or Islamic bonds that follo More… |
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Swicorp selects SRB as sharia advisorSwicorp, a leading financial services provider of investment banking, private equity and asset management in the Middle East and North Africa, has appointed Shariyah Review Bureau (SRB) as its sharia advisor to guide and supervise its upcoming s More… |
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Sharia conference opens in BahrainAccounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is hosting the annual Sharia conference in Bahrain today (April 14). Bahrain-based AAOIFI is an Islamic international autonomous non-for-profit corpo More… |
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BIBF focuses on sharia-based risk managementBahrain Institute of Banking and Finance conducted a training course on concepts, strategies and instruments used for hedging risks in Islamic Finance recently. The two-day course was delivered by Dr Sami Ebrah More… |
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BIBF focuses on sharia-based risk managementBahrain Institute of Banking and Finance conducted a training course on concepts, strategies and instruments used for hedging risks in Islamic Finance recently. The two-day course was delivered by Dr Sami Ebrah More… |
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DFM issues sukuk issuing standardsDubai Financial Market (DFM) has published the 'Standard for Issuing, Acquiring, and Trading Sukuk,' as part of its efforts to enhance the regulatory environment of Islamic finance and capital markets. More… |
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Kuwait wants legal entity for sharia supervisionAn independent legal entity should oversee the way in which Islamic financial institutions certify they are following sharia principles, Kuwait's central bank governor Mohammad al-Hashel said in a speech to industry scholars. More… |
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Islamic finance ‘relevant to all faiths’A majority of non-Muslim UK consumers believe that Islamic finance is relevant to all faiths, said a recent survey. The first national survey by UK-based sharia-compliant retail bank Islamic Bank of Britain pointed out that about More… |
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Dubai Islamic profits jump 66pcDubai Islamic Bank (DIB), the largest sharia-compliant lender in the emirate, posted a 66.2 percent jump in its fourth-quarter net profit, Reuters calculations show. Beating analysts' forecasts, the bank made 518 million dirha More… |
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IBB launches sharia-compliant cash accountIslamic Bank of Britain (IBB), the UK’s only wholly sharia-compliant retail bank, has launched its IBB Notice Cash Individual Saving Account (ISA). The account offers consumers an ethical, tax-free way to save, with an expec More… |
