Saturday 25 October 2014
 
»
Tag
 
»
Islamic banks

Basel III deposit challenge looms over Islamic banks

As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of uncertainty that could prove expensive for them: how regulators will treat their deposits. In most ways, Islamic bank

More…

Major Moroccan banks plan Islamic units

Two of Morocco's biggest banks, BMCE and BCP are preparing to launch Islamic subsidiaries as the Moroccan parliament discusses a bill regulating Islamic banks and sukuk issues, banking sources said. Parliament's approval w

More…

New guidelines for Islamic banks, Takaful

The Kuala Lumpur-based Islamic Financial Services Board (IFSB) has published guidelines on capital adequacy for Islamic banks and risk management of takaful, or Islamic insurance, as the industry body expands its activity and membership base.

More…

Islamic banks 'should issue perpetual sukuk'

Islamic banks have an incentive to issue perpetual sukuk with Basel III in the offing, a leading Islamic finance scholar has said.   According to Shaikh Nizam Yaquby, perpetual bonds/sukuk are classified as tier

More…

KFH-Bahrain closes 3-way Islamic bank merger

Kuwait Finance House-Bahrain (KFH-Bahrain) has announced the closing of the first ever merger between three Bahrain-based Islamic banks, Elaf Bank, Capital Management House and Capivest. The merger created a strengthened financial

More…

IFSB issues draft standards on capital adequacy

The Islamic Financial Services Board (IFSB) released new draft guidelines on capital adequacy for Islamic banks and the risk management of takaful (Islamic insurance) companies, the industry body said in a statement on Thursday. T

More…

Oman money market curbs may hurt Islamic banks

As Oman prepares to introduce Islamic finance, a restriction on the money market instruments which banks can use may curb their ability to manage funds in the market, hurting profitability. Authorities are expected to release Isla

More…

IFSB to revise capital adequacy guidelines

The Kuala Lumpur-based Islamic Financial Services Board (IFSB) plans to revise its capital adequacy guidelines for Islamic financial institutions, with a draft to be released in November for industry feedback. The IFSB sets global

More…

New Islamic banks in Oman 'facing challenges'

New Islamic banks set up in Oman will struggle initially to compete with established conventional banks offering Sharia-compliant services when the country opens up its banking sector, according to Fitch Ratings. "While there

More…

Bahrain’s top banks to vote on 3-way merger

Bahrain-based Islamic banks Capivest, Elaf Bank and Capital Management House will vote on a proposed three-way merger in shareholder meetings to be held by the end of June. The transaction is the first three-way merger to take pl

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads