In an oil field in northeastern Syria, a queue of trucks lines up daily to load crude sold cheaply by Islamic State militants who have hijacked parts of the country's energy industry in their bid to build a caliphate.
Sales at Sha
The Islamic International Rating Agency (IIRA) has reaffirmed the ratings of Bahrain-based ABC Islamic Bank at A+/A-1 on the national scale (long-term and short-term respectively), and A-/A-2 on the international scale with a 'Stable' ou
More than 1,300 high-level industry professionals from over 50 countries will take part in major Islamic banking conference in Bahrain.
The the 21st annual edition of the World Islamic Banking Conference (WIBC 2014) will be held u
By striking Islamic State in Syria, the United States would be weakening one of President Bashar Al-Assad's major enemies. But the new US strategy may still unnerve Assad by helping other opponents determined to overthrow him.
Bahrain’s His Majesty King Hamad and His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa have been invited by UAE Vice-President, Prime Minister and Ruler of Dubai Shaikh Mohammed bin Rashid Al Maktoum to attend the 10th
The Islamic Financial Services Board (IFSB) and the Bahrain Institute of Banking and Finance (BIBF) are set to debut their joint IFSB-BIBF Islamic Finance Executive Programme (IFEP) series next month.
The series, under the theme &
In the cities and towns across the desert plains of northeast Syria, the ultra-hardline Al Qaeda offshoot Islamic State has insinuated itself into nearly every aspect of daily life.
The group famous for its beheadings, crucifixion
Goldman Sachs is reviving plans to raise at least $500 million with its first issue of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money.
The US bank will mee
Bahrain has been named the GCC's leading Islamic finance market and second out of 92 countries worldwide, for the second year in a row.
This is according to the Islamic Corporation for the Development of the Private Sector-Tho
Islamic State fighters have executed 250 Syrian soldiers captured when the group seized an air base in the province of Raqqa at the weekend, according to a video posted on YouTube on Thursday and confirmed as genuine by an Islamic State fighter.