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Islamic banking

Islamic-Banking

Azerbaijan aims for Islamic banking law in 2014

Islamic finance has developed slowly in the former Soviet state.

November 26, 2013 2:58
 
islamic banking

MEAGER MERGERS? The major obstacle facing Islamic banking

Islamic finance is still growing, but a major aspect is missing: the development of big cross-border banks that could spread ground-breaking products and best practice around the region, as multinational banks have done in conventional finance

June 10, 2012 5:58
 
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Banque Saudi Fransi launches $750 million Sukuk

Launch spread at 185 bps over midswaps; Pricing tightened 15 bps from initial guidance; Sukuk to price Tuesday; first under new $2 billion programme

May 17, 2012 11:11
 

KFH Bahrain to advise on merger of three Islamic banks

Kuwait Finance House's Bahraini unit will advise on the merger of three Islamic banks in the Gulf state, its chief executive said in a statement on Sunday, without naming the institutions involved.

September 26, 2011 2:06
 
Oman’s Bank Al Izz gets Islamic banking license

Oman’s Bank Al Izz gets Islamic banking license

Bank Al Izz is one of two Islamic banks to open in Oman; Banks will open in one or two years - central bank official; Al Izz opted for Islamic bank license after royal decree

August 21, 2011 11:49
 
Slowly and unsurely—Three more years before Islamic bond market turns around

Slowly and unsurely—Three more years before Islamic bond market turns around

With the market shrinking, Noor Islamic breathes hope in breaking even this year ahead of target. One step at a time though, bank doesn’t see immediate future in Islamic bonds.

August 4, 2011 11:55
 

Islamic megabank likely based in Bahrain -Al Baraka CEO

A long-touted $3 billion Islamic megabank is more likely to be established in Bahrain although a final decision has not yet been made, the chief executive of Al Baraka Bank, who also serves as an advisor for the project, told Reuters on Tuesday.

August 2, 2011 12:54
 
Islamic Finance: the Banking-Wonder

Islamic Finance: the Banking-Wonder

Say what you will but the truth is the Islamic Finance industry’s got a long way to go. Eva Fernandes proves just that.

June 28, 2011 8:07
 
Saudi Sipchem eyes up to $530 mln from Islamic bond

Saudi Sipchem eyes up to $530 mln from Islamic bond

Sipchem plans to raise 1.5-2 bln riyals from sukuk; Book building for sukuk to begin next week – CEO; Sukuk to fund expansion of projects with costs over $1 bln

June 20, 2011 12:54
 

HSBC MidEast sells $500 mln 5-yr Islamic bond

HSBC seeks to tap demand for Islamic debt; Sukuk priced in line with guidance

May 29, 2011 9:44
 
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