Religious scholars who members of an Islamic bank's sharia board are now barred from serving in any external audit firm
Islamic Development Bank approved allocation of $714.7 million worth of financing for new development projects in member countries.
Dubai Islamic Bank, DIB, has celebrated the launch of Panin Dubai Syariah Bank in Indonesia.
The steep loss came on the back of efforts to cut risk and costs from the closure of its Singapore branch.
New guidelines for Islamic bonds could increase investment in the instruments by making them more transparent and easier to structure
The sovereign has hired HSBC as structuring bank for the deal.
Bringing Islamic Investment of IFIs to the Next Frontier meeting in Bahrain.
There was no indication on the planned size of the debt sale.
ADIB Express a first of its kind class of digitally-enabled branch.
Eight banks have been appointed to lead the transaction, including Emirates NBD, Goldman Sachs, Gulf International Bank, HSBC and Standard Chartered.