Top Islamic Finance News

Sponsored by

QIB & BARWA Sign Finance Deal for QR 1.1 Bn

Qatar Islamic Bank (QIB) and real estate conglomerate BARWA announced a Murabaha Sharia'-compliant financing deal worth 1.1 billion Qatari Riyals, which has become a part of BARWA's strategic financial structure. Press Release - 06Aug 12:28GMT
Tamweel Commences Egypt Operations

Tamweel PJSC, the largest real estate finance provider in the UAE, announced today the commencement of its Egypt operations during a special ceremony held in Cairo. Press Release - 04Aug 11:36GMT
Takaful House listed on DFM

(Arabic) Takaful House offered 55% of shares in IPO last June. Al-Arabiya - 04Aug 11:19GMT
'Takaful House' debuts on Dubai Financial Market

Dubai Financial Market (DFM) today announced the listing of Takaful House company, a leading provider of Takaful insurance based in the UAE. Press Release - 04Aug 10:01GMT
DIFC Clarifies Its Position Regarding 'Rashed Investment Bank'

DIFC clarified its position on news reports that have recently appeared regarding 'Rashed Investment Bank' an Islamic investment bank proposed to be set up in Dubai. Press Release - 04Aug 07:42GMT
Tashyeed, Sakana in pact

Tashyeed Properties has partnered with Sakana Holistic Housing Solutions as the preferred Islamic-mortgage provider to offer suitable housing financial solutions for current and potential homeowners of all Tashyeed development projects. Bahrain Tribune - 04Aug 07:10GMT
SII benchmark Islamic Finance Qualification accepted On FSSC List

The Securities & Investment Institute (SII) benchmark Islamic Finance Qualification (IFQ) has been accepted onto the Financial Services Skills Council (FSSC) recommended qualifications list. Press Release - 01Aug 09:47GMT
Tharawat launched with a capital investment of US$ 33.25 m

Tharawat Investment House, the Bahrain-based Sharia-compliant Islamic investment company was launched with a capital investment of US$ 33.25m in the presence of company officials, guests and media representatives. Press Release - 01Aug 09:02GMT
TIH Plans to Become Investment Bank Soon

Tharawat Investment House (TIH), the Bahrain-based Shariah-compliant Islamic investment company, opened its doors for business by announcing an ambition to tap opportunities in downstream industrial sector, real estate, services and agriculture. Bahrain Tribune - 01Aug 04:25GMT
Dubai Group Retakaful Ventures Assigned 'A-' Credit Rating by A.M. Best

Dubai Group announced today that two Shari'ah-compliant companies of ACR Retakaful Holdings Limited have been assigned a financial strength rating of A- (Excellent) by US-based rating agency A. M. Best. Press Release - 30Jul 10:44GMT

» More Top Islamic Finance News

» All Islamic Finance News | All Analysis

Community Buzz

Stories in Islamic Finance

Companies in Islamic Finance

Projects

Blogs

Dow Jones Index

Global Index

» Charting

06Aug08

» Charting

20May08

Ready For Hedge Funds?
Currency swaps, ETFs, CDOs, hedge funds and credit protection transactions until a year or so would have been unthinkable in Islamic finance. No longer.

Needs- Based Advice
Despite the availability of a broad range of both conventional and Sharia-compliant Takaful life insurance products, a low penetration rate in Mena region suggests that this relatively unknown market is in need of a major awareness and education campaign.

A Breath Of Fresh Air
Al Hilal Bank became the eight and latest Islamic bank in the UAE and promises to bring an air of freshness to the industry. Mohamed Hairul Borhan reports.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Al Rajhi Bank	Saudi Arabia	32,543
2	Kuwait Finance House	Kuwait	22,010
3	Qatar Islamic Bank	Qatar	8,091
4	Dubai Islamic Bank	UAE	7,523
5	Alinma Bank	Saudi Arabia	6,509
» View Full List