Our Network

Register for our free newsletter

 
 
Latest News
islamic banking

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
 
UAE-central-bank

Banker urges UAE Central bank to cut reserve requirements

A top commercial banker in the United Arab Emirates has urged the central bank to cut some of its reserve requirements sharply in order to spur corporate lending.

June 20, 2012 11:35
 
UAE may face risks from deepening euro crisis

IMF: UAE may face risks from deepening euro crisis

UAE banks only moderately exposed to Europe; Able to handle significant rise in bad loans; but foreign funding shock could tighten bank liquidity

June 10, 2012 5:52
 
Saudi's Tasnee Eyes Debut Riyal Sukuk

Saudi's Tasnee Eyes Debut Riyal Sukuk

Saudi Arabia's National Industrialization Company (Tasnee) will begin meeting investors next week ahead of a potential debut Islamic bond, or sukuk, the petrochemicals firm said in a regulatory filing.

May 1, 2012 9:33