Results for
islamic finance
87 Results-
Saudi Arabia strengthens position world’s biggest Islamic finance market: Moody’s
Saudi Arabia has strengthened its position as the world’s largest market for Islamic finance, with total assets of $339 billion as of March 2020, ... Economy -
Global halal economy estimated to be worth $3.2 trillion by 2024: Report
The global halal economy is estimated to be worth $3.2 trillion by 2024, according to a new guide issued by the Dubai Airport Freezone (DAFZA) and The ... Economy -
Riyad Bank issues $1.5 billion sukuk on London Stock Exchange
Riyad Bank, a Saudi Arabian financial institution, has issued $1.5 billion sukuk, a Sharia-compliant bond, on the International Securities Market of ... Financial Markets -
Dubai’s largest Islamic bank acquires smaller lender
Dubai Islamic Bank said on Thursday it has completed the acquisition of Noor Bank to consolidate its position as the top Islamic lender in the United ... Economy -
National Bank of Bahrain makes offer to acquire Bahrain Islamic Bank
National Bank of Bahrain (NBB) has made an offer to the Bahrain Islamic Bank (BisB) to acquire up to 100 percent of the bank. NBB currently has a ... Economy -
Blockchain to reduce cost and increase adoption of sukuk: Moody’s
Adopting blockchain would give significant advantages to the sukuk, or Sharia-compliant bond, industry, Moody’s Investors Service said on ... Technology -
Saudi Arabia’s Islamic finance sector set to grow: Moody’s
Saudi Arabia, home to the largest Islamic finance market in the world, will likely see its sector expand due to increased demand and a supportive ... Economy -
Saudi Islamic banking performance remains above conventional sector: Fitch
On Thursday the credit ratings agency Fitch Ratings released a report showing that Islamic bank performance in Saudi Arabia improved throughout 2018 ... Economy -
GCC Islamic banks likely to increase mergers: Fitch Ratings
Mergers and acquisitions (M&A) amongst Islamic banks are likely to increase as Islamic institutions look to compete with large established peers, ... Economy -
Morocco Islamic finance shows growth but constraints remain: Report
Despite Morocco’s attempts to grow the Islamic finance industry and develop an Islamic finance infrastructure, the country still faces growth ... Economy -
UAE’s Majid Al Futtaim set to raise $600 mln in ‘green’ sukuk
Majid Al Futtaim, a UAE-based developer, and shopping mall operator is set to raise $600 million in “green” Sukuk, or Islamic bonds, ... Financial Markets -
Responsible investment: Real or marketing gimmick?
Sophisticated investors and fund managers are now more aware on environmental, social and governance (ESG) issues and the potential of this investor ... Middle East -
Islamic finance organizations team up to streamline rule-making
The top two organizations that set the rules for Islamic finance signed an agreement on Tuesday to work together to develop and revise some of their ... Economy -
Saudi Arabia launches new Islamic bonds worth $2 billion
Saudi Ministry of Finance, through the Office of Public Debt Management, has announced that it has completed receiving investors' requests for its ... Economy -
Growing Islamic finance firms lobby Britain for tax relief
Firms involved in Islamic finance are lobbying the British government for tax reforms, arguing that the treatment of some sharia-compliant structures ... Economy -
Hamed Merah, head of Islamic finance body AAOIFI resigns
The head of the Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has resigned after more than three ... Banking & Finance -
Bahrain tightens Islamic finance rules with mandatory external audit
Bahrain is tightening its rules for Islamic banks by requiring all of them to undergo independent, external audits to certify they are following ... Economy -
The continuing allure of Islamic finance
With the total Islamic finance industry estimated at around $ 1.9 trillion in assets for year end 2016, this market segment pales into insignificance ... Middle East -
ANALYSIS: Can GCC Islamic banks escape the oil-price cycle?
What was unthinkable, or at least not admitted, just years ago is beginning to happen in Islamic finance. More and more stakeholders now concede that ... Energy -
In first, Moroccan central bank approves Islamic banks
Islamic banks and insurers are setting up in Morocco after new legislation allowed them into the market Banking & Finance -
GCC Islamic banking system outpaces conventional banks
Islamic banks in GCC countries have become systemically important and continue to increase their market penetration, outpacing conventional banks, ... Banking & Finance -
Working in Dubai? Here’s why you should take Islamic finance courses
Domain knowledge and experience being built up in the region as more and more get specialized qualifications Banking & Finance -
Italy’s mini-bond rules may be adapted to Islamic finance
More than 95 percent of Italian companies have fewer than 10 employees and rely on banks for most of their financing Banking & Finance -
Tougher times ahead for Islamic finance as core markets slow
Economic booms in its core markets, the Muslim-majority nations of the Gulf and southeast Asia, fuelled the gains Banking & Finance -
HNA plans China’s first Islamic finance deal
The deal is considered to be the first sharia-compliant financing used by a mainland Chinese company Banking & Finance -
New markets for Islamic finance emerging, study finds
New markets for Islamic finance are emerging with African countries launching debut sovereign sukuk Banking & Finance -
Dubai plans new sukuk channels as listings top other centers
Dubai has overtaken other financial centers in listing Islamic bonds on its exchanges World News -
Islamic finance aviation ‘benchmark’ set by Saudia’s mega-deal: financier
The deal, arranged by two Dubai-based lenders, Quantum Investment Bank and Palma Capital, will see Saudia acquiring 50 airbus aircraft Banking & Finance -
Pakistan approves sharia advisory board for Islamic finance
Pakistan's securities commission has approved a four-member sharia advisory board to oversee Islamic financial products Banking & Finance -
Malaysia’s ethical sukuk adds to market width but depth elusive
Malaysia’s efforts to create a market for ethical Islamic bonds are the latest in a series of government-led initiatives to develop Islamic finance Financial Markets