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KFH wins top awards at WIBCThe 25th World Islamic Banking Conference (WIBC), the largest and longest-running gathering of Islamic banking and finance leaders in the world, recognised excellence within the Islamic finance and banking industry at a gala dinner yesterday. More… |
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Islamic banking on the rise in UAE, says studyIslamic banks are outperforming their conventional peers in customer acquisition with 55 per cent of the UAE consumers now having at least one Islamic banking product, compared to 47 per cent in 2015, a report said. The popularity More… |
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Islamic finance assets ‘on track to hit $3.2trn’Islamic finance assets are projected to grow to $3.2 trillion by 2020, with Islamic banking reaching $2.6 trillion, said the organisers of the upcoming World Islamic Banking Conference (WIBC) in Bahrain. Under the patronage More… |
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UAE project pipeline 'boon for Islamic banking sector'The UAE banking sector is set to benefit from the emirates’ project pipeline of construction and infrastructure-related initiatives, which forms a key component of the country's drive to diversify the economy away from oil, said senior More… |
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UAE project pipeline 'boon for Islamic banking sector'The UAE banking sector is set to benefit from the emirates’ project pipeline of construction and infrastructure-related initiatives, which forms a key component of the country's drive to diversify the economy away from oil, said senior More… |
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Islamic banking assets hit $1.69trn in Q1: IFSBWith the inclusion of new countries’ data, the total assets of the Islamic banking industry grew to $1,699 billion in the first quarter of 2018 (2018Q1) from $1,573 billion in 2017Q1, marking an increase of 8 per cent, said the Islamic Fin More… |
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KFH's net profit surges 16.6pc to $314mKuwait Finance House (KFH), a global pioneer in Islamic banking services, has reported a KD95.2 million ($314 million) net profit for the first half of the year, up 16.6 per cent compared to KD81.64 million ($269 million) for the same period las More… |
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Lombard Odier launches Islamic banking servicesBank Lombard Odier & Company, a leading global wealth and asset manager based in Geneva, Switzerland, has announced the launch of its full suite of Shariah-compliant investment solutions - the first in its 222-year history, in the Middle Eas More… |
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Lombard Odier launches Islamic banking servicesBank Lombard Odier & Company, a leading global wealth and asset manager based in Geneva, Switzerland, has announced the launch of its full suite of Shariah-compliant investment solutions - the first in its 222-year history, in the Middle Eas More… |
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IMF endorses core principles of Islamic Finance RegulationThe International Monetary Fund (IMF) Executive Board has endorsed a proposal on the use of the core principles for Islamic Finance Regulation (CPIFR), which were developed by the Islamic Financial Services Board (IFSB) with the participation More… |
