An executive master’s degree program for Islamic finance management at Effat University was started by Prince Turki Al-Faisal, a member of university’s board of trustees, in order to underline the success achieved by Islamic banking in overcoming t…
KFH achieved total revenues during First Quarter of this year. Net profit to shareholders reached KD22.6m.
Assets grasped KD12.753bn with an increase of KD1.1bn with 9% increase over the same period last year. Deposits extended to KD8.2bn with a KD1.05…
A report by Gulf Daily News states that Al Baraka Banking Group is going to proceed with its plans to expand its Syrian operations.
The Syrian unit has plans to open two new branches in Hama and Aleppo this month.
A historic opportunity for economic and financial change guided by Sharia-compliant instruments appeared because of the political transformation in the Middle East and North Africa.
Volker Nienhaus, economic adviser and former president of the Universi…
For three days in April social entrepreneurs including designers, businesspersons, humanitarians and investors were gathered in Oxford, England at the Skoll World Forum on Social Entrepreneurship and its more discursive ‚un-conference‘ the Oxford Jam.
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Adnan Ahmed Yousif, chairman of the Union of Arab Banks (UAB), states that banks from the Gulf are looking to acquire Turkish banks .
The statement given at the “Enhancing Shamgen Banking: Turkey, Syria, Lebanon and Jordan” conference in Istanbul r…
Al Rajhi Cement Company became on Tuesday the first company in Jordan that provides Islamic sukuk to finance its operations in the Kingdom.
The declaration of the sukuk issuance, the first in the Kingdom’s history, was made during the signing ceremon…
1Malaysia Micro Protection Plan (1MMPP) has been created to intensify accessibility and affordability of insurance and takaful protection for Malaysians.
It appears that the plan was mainly for small businesses, micro enterprises and individuals seekin…
In a study made by Ernst & Young on Islamic insurance it is underlined that the move of Bermuda’s new emphasis on attracting this business is a smart one.
The conclusions of a Bermuda Finance Ministry feasibility study were that there are no majo…
Demand for the Kingdom of Bahrain sovereign debt, which the Central Bank manages on behalf of the Ministry of Finance, are still at low levels.
Demand for debt with longer maturities remained strong. The CBB was capable o issue 12 month Government Trea…
