London promotes itself as Islamic Finance centre
Dubai announced in January that it would revise regulations to attract sukuk issuance and trading.
March 12, 2013 8:47
Do we need better Islamic Finance oversight?
The statement by the Capital Market Authority (CMA) appeared to be in response to concern about uneven self-regulation by the institutions.
February 12, 2013 6:00
Qatar Islamic Bank raises $750 million from Sukuk
Ernst & Young estimates global outstanding demand for sukuk to total about $300 billion
October 3, 2012 5:52
Islamic bank Kuveyt Turk plans launch in Germany
Hopes to apply for full banking licence in October; Will be headquartered in Frankfurt; To target non-Muslims as well as Muslims
September 11, 2012 9:59
Role of professional real estate firms in Islamic banking
In the region there have been challenges to Islamic banking due to the slump in real estate, however, advocates say the system has built- in protection when compared with the conventional financial institutions as excessive risk taking is banned
August 7, 2012 8:18
LOST IN TRANSACTION: Islamic trade finance
The Islamic finance industry is neglecting merchandise trade, leaving trade finance for conventional banks to dominate.
August 5, 2012 3:01
INTERVIEW: End of Sukuk Premium
Salah Jaidah, head of Islamic finance at the bank and chief country officer for Qatar says Sukuk demand trend is not temporary
July 26, 2012 10:24
Qatar eyes Islamic bond sale; demand seen high
HSBC, StanC, Deutsche picked to arrange meetings; Local lenders Barwa Bank and QInvest also on the deal; Roadshows begin July 9 in Malaysia; Singapore follows; Qatar to benefit from global demand for regional credit
July 5, 2012 5:47
Bahrain launches $1.5 billion, 10-year bond
The bond, Bahrain's first conventional issue since 2010, was launched at a spread of 437.5 basis points over midswaps; earlier guidance had signalled the deal would price between that level and 450 bps over midswaps.
June 27, 2012 7:18
Saudi Olayan Group issues $173 million sukuk
Olayan Group, one of the largest conglomerates in Saudi Arabia, has concluded its maiden issue of an Islamic bond, or sukuk, two sources with knowledge of the matter said on Tuesday.
June 27, 2012 9:58
Gulf sukuk funds grow but liquidity is problem
Gulf-based sukuk funds grow 31 pct in 2011; But half of them account for 91 pct of assets; Aggregate size tiny compared to sukuk market; Funds' turnover ratios generally low; Industry still lacks firm that originates and underwrites
June 21, 2012 5:19
Emirates to repay $550 million Islamic bond in full
The sukuk that matures on June 16, will not be refinanced, Emirates' President Tim Clark said in a interview with the Dubai-based paper in Beijing.
June 13, 2012 10:01
Abu Dhabi Islamic bank opens swanky London branch
First UAE-based Islamic bank branch; Targets wealthy Gulf clients in London
May 31, 2012 11:43
Dubai’s DIB launches five-year $500 million Islamic bond
Dubai Islamic Bank launched a five-year, $500 million Islamic bond, or sukuk, at a spread of 365 basis points over…
May 22, 2012 3:28
Bahrain’s GFH agrees $110 million Sukuk restructuring
Bahrain-based Islamic investment bank Gulf Finance House (GFH) has obtained approval to restructure a $110 million Islamic bond, extending repayment…
May 21, 2012 8:46
Qatar Should Consider More Flexible Exchange Rate - Central Banker
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Yahoo on Tumblr: 'we promise not to screw it up'
Search engine giant confirms purchase of popular blogger site as both sides vow to address users' concerns
May 21, 2013 2:52
Arabtec workers: strike will continue
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43