Top Islamic Finance News

  • IIRA appointed Ms. Sabeen Saleem as Acting Chief Executive Officer


    The Board of Directors of Islamic International Rating Agency (IIRA) in its last meeting held on February 2, 2012 has decided to appoint Ms. Sabeen Saleem, CFA as the Acting Chief Executive Officer of IIRA. Press Release - 14Feb 09:15GMT
  •  
  • Islamic insurance: a competitive business in Yemen


    Takaful, which translates into solidarity in English, is an Islamic monetary concept designed to assist and stabilize the financial situations of individuals, families and organizations. Yemen Times - 14Feb 08:28GMT
  •  
  • Malaysia and Republic of Turkey confirm participation in the IFSB country showcases


    The 9th Islamic Financial Services Board (IFSB) Summit, which is scheduled to be held on 15 - 17 May 2012, will commence with two Country Showcases and a Special Session on Promoting Financial Inclusion through Islamic Microfinance on 15 May 2012. Press Release - 14Feb 07:35GMT
  •  
  • Fitch rates Qatar-based Al Khaliji 'A-'


    Fitch Ratings has assigned Al Khalij Commercial Bank (al khaliji) Q.S.C. (al khaliji) a Long-term foreign currency Issuer Default Rating (IDR) of 'A-' with a Stable Outlook, Short-term IDR of 'F2', Viability Rating (VR) of 'bb+', Support Rating of '1' and Support Rating Floor of 'A-'. Press Release - 14Feb 07:29GMT
  •  
  • Bahrain's CMH pays dividends to investors in aircraft arm


    Capital Management House (CMH), the Bahrain- based Islamic investment bank, has distributed the regular quarterly dividends, calculated at 10 percent per annum, to its GCC investors of CMH Aircraft Leasing Investment Company for the fourth quarter of 2011 ended Dec. 31. The Saudi Gazette - 14Feb 07:23GMT
  •  
  • APICORP raises SR2.5bn from four Saudi banks


    Arab Petroleum Investments Corporation (APICORP) said it has successfully closed a three-year SR2.5 billion ($667 million) syndicated Shariah-compliant facility from four leading Saudi Arabian banks on competitive market terms. Arab News - 14Feb 06:26GMT
  •  
  • Adib profit up on lower provisions


    Abu Dhabi Islamic Bank (Adib) on Monday said its net profit rose 17.3 per cent to Dh1.425 billion last year as compared to Dh1.214 billion in 2010 after it booked lower provisions. Emirates 24|7 - 14Feb 06:14GMT
  •  
  • Emirates Islamic Bank suffers Dh448m loss as expenses soar


    Emirates Islamic Bank (EIB), which belongs to the Emirates NBD Group, reported a full-year net loss yesterday due to significantly higher impairments on financing and investment activities and a surge in expenses. Gulf News - 14Feb 05:59GMT
  •  
  • 2.5b-riyal Apicorp bond closed


    Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank of the ten member states of the Organisation of Arab Petroleum Exporting Countries, yesterday announced it has closed a three-year 2.5-billion-riyal (Dh2.44 billion) Islamic syndicated financing facility. Gulf News - 14Feb 05:53GMT
  •  
  • Islamic banks misleading: clients


    Clients dealing with Islamic banks in the UAE are accusing them of cheating and misleading them into investing their money without their knowledge, saying this has inflicted losses on them, according to a newspaper. Emirates 24|7 - 13Feb 07:48GMT
  •  
Newsletter
 
 
 
MORE NEWS & ANALYSIS 
» All Islamic Finance News | All Analysis 
The Toolbox

Research     

Kuwaiti Bond Market - Development Bottlenecks
Capital Standards

The report “Kuwaiti Bond Market: Development Bottlenecks” issued by Capital Standards briefly enumerates the reasons for the anemic state of the bond market in Kuwait.



 
 
 
Community Buzz

Stories in Islamic Finance

Companies in Islamic Finance

Projects

Blogs

Calendar

 
 
 
 
Head
content


» Charting 10Feb12
Head
content


» Charting 13Sep11
 
 
Are you looking to strengthen ties with the UAE's islamic finance community?
 
Get the official guide to the
industry and its players
 
 
Zawya Select
ZawyaSelect
Oman
A new era in banking
The banking and finance industry will witness further growth with the stage being set for the launch of Islamic banking in the Sultanate.
 

 
SUKUK Monitor
Success boosts bond hopes
Bankers expect a bumper year of bond sales in Saudi Arabia following the success of the country's first sovereign-guaranteed sukuk in January.
 

 
Setting up Islamic index
Egypt's newly-elected Islamists say they want to introduce an index of companies that comply with sharia law as part of a wider move towards an Islamic economy.
 
 
Companies in Islamic Finance
Loading ...
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Al Rajhi Bank Saudi Arabia 29,596
2 Kuwait Finance House Kuwait 8,143
3 Masraf Al Rayan Qatar 5,571
4 Qatar Islamic Bank Qatar 5,275
5 Alinma Bank Saudi Arabia 4,299
» View Full List
 
 
Middle East Jobs
Most Recent Jobs
Search
Post Your CV
  • Keywords
  • Location
 
» View More jobs