Kuwait’s NIG to launch $358 million financing
Kuwait’s National Industries Group Holding (NIG) said on Sunday it has appointed banks to raise more than 100 million dinars…
May 21, 2012 8:50
Noor Islamic Bank leads $1.4B Islamic Finance mandates in Turkey
Noor Islamic Bank (Noor) has been mandated to arrange and lead manage more than $1.4 billion Islamic finance capital market deals in Turkey in the last 18 months, making it the most active UAE bank in the republic.
October 23, 2011 2:28
Islamic Finance: worth banking on?
The $1 trillion Islamic finance industry has faced some challenges with financial distress becoming the norm. Can Islamic financial institutions be any more ethical, asks E. Shahid.
September 3, 2011 4:12
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
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
Hopeful return of Shari’a: bankers to resuscitate Islamic finance
Stained by the debt crisis and shaky legal foundations, can bankers breathe new life into ailing global Shari’a banking sector?
June 7, 2011 12:06Philippines seeks Gulf investors for Islamic bank
A Muslim body backed by the Philippines government wants Middle East investors to take a stake in the country's sole sharia lender to help kickstart its Islamic banking industry.
April 5, 2011 12:13Malaysian body drafts standards to expand halal industry
A Malaysia-based group is drafting halal standards to give Muslim countries a framework to regulate a $2 trillion global industry ranging from food to finance.
April 5, 2011 12:09
Prospects bright for industry in Middle East
While protestors are raging in several Middle Eastern capitals demanding political and economic reforms, regime changes and an end to corruption, there’s been speculation on the impact on Islamic finance.
March 21, 2011 2:11
A major step for Turkey
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
Dusting off the Emirates ID card
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Fake pilot 'on the run'
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26