The United Arab Emirates central bank said it was making it easier for Islamic banks to access its special lending facility by expanding the range of collateral they can use.
From April 1 Islamic banks, which account for roughly a
Inconsistency in compliance with Sharia standards poses an existential threat to Islamic finance, Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj has said.
According to Al Maraj, it was to prevent such an occurrence that t
Bahrain-based Islamic banking group Al Baraka Banking Group’s (ABG) has announced that four of its units won Islamic Finance News Awards 2014.
They were chosen as the best Islamic banks in the region through the annual refer
Bank of Bahrain and Kuwait (BBK) is open to acquisitions of Islamic banks provided they offered a feasible business proposition, the bank's chairman Murad Ali Murad has said.
Speaking on the sidelines of a combined annual and
Dubai Silicon Oasis Authority, the regulatory body of Dubai Silicon Oasis (DSO), will highlight the Islamic Digital Economy and its contribution to Dubai’s broader Islamic economy vision during its 19th TechForum initiative in the UAE emir
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial services institution, has won 10 awards at the Islamic Finance News Awards Ceremony held in Dubai, UAE recently.
The ceremony, which was held at the Ritz-Carlton, Dubai In
The world's first training course on the convergence of Islamic capital and halal food and Muslim lifestyle sectors will be available in Bahrain from May.
Being offered by the Bahrain Institute of Banking and Finance (BIBF) th
Islamic finance can play a central role in creating an alternative, more resilient economic and financial system, Central Bank of Bahrain Governor Rasheed Al Maraj has said.
According to him, at its core, Islamic finance was based
Infrastructure development, education, food and agriculture are high potential sectors for Islamic investments, an expert has said.
Bahrain’s Economic Development Board (EDB) chief economist Dr Jarmo Kotilaine said the incre
Bahrain is looking to position itself as the centre of excellence for the entire Islamic market, Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa has said.
According to him, a mission of the government was to make the kingdom