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Islamic banking assets up 16% in 2015 Qatar among key markets

(MENAFN - Gulf Times) Islamic retail and commercial banking assets continued to grow at 16% in 2015, at the same rate they did in 2014.
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UAE central bank expands Islamic banks' access to its funds

DUBAI, March 24 (Reuters) - 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....
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State to fuel Islamic finance boom, Turkey banks chief says

New Islamic units of three state banks will accelerate Turkey’s plans to expand the share of Shari'ah-compliant assets, said Osman Akyuz, head of the country’s Islamic banking association....
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Dubai-Luxembourg firm launches Islamic factoring for SMEs

Jan 27 (Reuters) - An investment group based in Dubai and Luxembourg has launched an Islamic trade receivables financing platform catering to the Gulf region's small businesses, with plans to tap the capital markets to fund the venture, its chief executive told Reuters....
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International Islamic wins Best Bank in Qatar Award

DOHA: International Islamic (QIIB) won Citibank New York’s “Best Bank in Qatar Award” for its excellence in ‘Straight Through Processing’ (STP) operations. This is the fourth time International Islamic is winning the coveted award....
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Islamic finance award winner’s charitable concept

...My feeling is that Islamic banking and finance are not yet complete in terms of answering the duties Muslims are called upon to fulfil.......
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Countdown to 21st Annual World Islamic Banking Conference

The main WIBC 2014 conference, which begins on Tuesday, 2 December 2014, will be inaugurated by H.E. Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain....
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'SIRAT' selected for Islamic Banking offering

The word "SIRAT" (meaning path and a direction) has been carefully selected for our Islamic Banking offering....
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Ghana Islamic Microfinance wins award

The Ghana Islamic Microfinance, the first financial institution in Ghana which is compliant to Islamic Shariah law is to receive an award from the Islamic Development Bank....
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Kazakhstan Looking to ‘Unified’ Islamic Banking Law

Kazakhstan will start drafting a new Islamic banking law that could boost the industry’s development, after a five-year-old set of rules failed to stimulate activity, Alarabiya reports....
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