Friday 3 July 2015
 
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Islamic

Council strengthens role in Islamic financial services

A new strategy will see Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) strengthen its role as an advocate for the Islamic financial services industry with international standard-setting organisations and regu

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Islamic State commits major massacre in Syria's Kobani

Islamic State has committed its second-biggest civilian massacre in Syria with an attack on the town of Kobani and a nearby village, killing at least 146 civilians so far, a conflict monitor said on Friday. Fighting between the Ku

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Emirates Islamic launches mobile banking app

Emirates Islamic, a leading Islamic financial institution in the UAE, has launched EI World, a fun and easy way to bank on iPhones. EI World is a first-of-its-kind mobile banking app that allows Emirates Islamic customers to condu

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Qadeem launches ceramic pieces collection for Ramadan

‘Qadeem’, a Jordanian company that specialises producing handmade and hand-painted ceramics, has launched a wide range of ceramic pieces, with Islamic decoration, graphics and calligraphy in many different forms for Ramadan.

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Mobily launches range of Islamic applications, services

Etihad Etisalat Mobily has launched a distinguished range of Islamic applications and services, which convoy with the spirituality of Ramadan. The offer includes ten days free access when one subscribes to the Islamic content serv

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ICD in deal to open ‘Islamic window’ in Chad

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), has signed an agreement with a Chadian-Libyan bank The Banque Commerciale du Chari (BCC) for the establi

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EFG-Hermes plans Saudi Islamic fund as market opens up

The Saudi unit of Egypt's EFG-Hermes plans a fund to invest in listed Saudi Arabian sharia-compliant shares and initial public offers, hoping to benefit from the regulator's drive to increase institutional investment in the bourse.

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Bahrain’s role in terror fight hailed

Bahrain has played a key role in fighting the Islamic State (IS) terror group and making its presence felt in the global struggle against extremism. This was the message conveyed by outgoing British Ambassador Iain Lindsay at a br

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Aafaq in deal to facilitate Islamic finance research

Aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has signed a deal with the University of Bolton’s Centre for Islamic Finance. The initiative has been designed to facilitate rese

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Key Bahrain cbank instrument bolsters bank push

The new Islamic Sukuk Liquidity Instrument (ISLI) introduced by the Central Bank of Bahrain (CBB) will play a vital role in enhancing return for Al Salam Bank-Bahrain and boost its profitability, a senior banking official said. It

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