3rd China-UAE Conference on Islamic Banking & Finance to explore potential for participative economy

Monday, December 3, 2018 No Responses

3rd China-UAE Conference on Islamic Banking & Finance to explore potential for participative economy

DUBAI: Hamdan Bin Mohammed Smart University (HBMSU) has reaffirmed its commitment to building bridges of knowledge, cultural, and economic exchange with China by organizing the China-UAE Conference on Islamic Banking and Finance (CUCIBF III) for the third consecutive year, on...

Monday, December 3, 2018 No Responses

Oman’s Al Yusr finances Movenpick Hotel

MUSCAT: Al Yusr, the Islamic Banking Window of Oman Arab Bank (OAB), recently hosted the signing ceremony for the financing of the 4-star Movenpick hotel – Bowsher; a step that will boost Islamic banking finance for local projects within the...

Monday, December 3, 2018 No Responses

CIMB clinches 12 prestigious awards at The Asset Triple A Islamic Finance Awards 2018

KUALA LUMPUR: CIMB Group (CIMB) garnered 12 notable awards at The Asset Triple A Islamic Finance Awards 2018 including ‘Sukuk Adviser of the Year in Asia Pacific’ for the seventh year in a row and Best Islamic Investment Bank in...

Sunday, December 2, 2018 No Responses

Abu Dhabi Islamic Bank appoints Serhat Yildirim as Chief Digital Officer

ABU DHABI: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has appointed Serhat Yildirim as its new Chief Digital Officer. This comes as part of the bank’s continuous efforts to accelerate its digital transformation strategy and enhance custo...

Sunday, December 2, 2018 No Responses

4th Cambridge Islamic Finance Leadership Programme concludes with huge success

CAMBRIDGE: The 4th edition of Cambridge Islamic Finance Leadership Programme (Cambridge-IFLP) concluded recently with huge success that witnessed participation from around the world. While delegates were drawn from the UK, Nigeria, Kazakhstan, Indonesia, Malay...

Sunday, December 2, 2018 No Responses

Travel experts forecast high growth of halal tourism

HONOLULU: Muslims are the world’s fastest-growing religious group and by 2030 will make up an estimated 25 percent of the world’s population. Furthermore, in some Muslim-dominated markets there is a thriving middle class with growing buying power and a new...

Saturday, August 25, 2018 No Responses

Dubai’s ArabianChain to create smart contracts for sukuk products

DUBAI: Dubai-based blockchain startup ArabianChain Technology has signed a joint venture with Dubai-and-London-based innovation firm Curiositas to create Wethaq – the world’s first platform for Islamic capital markets using smart contracts and legal automa...

Saturday, August 25, 2018 No Responses

Kazakhstan seeks to become regional financial hub

ASTANA: Kazakhstan’s ambitious project to establish a financial services centre in Astana is now real with the launch of the Astana International Financial Centre (AIFC), The Astana Times reported. The new financial centre, in a new part of Astana where...

Saturday, August 25, 2018 No Responses

Philippine Stock Exchange review finds 62 firms are Shariah-compliant

MANILA: The Philippine Stock Exchange said it classified 62 securities as compliant with Islamic finance principles, as of June 25. In its quarterly review, the PSE said the compliant stocks include 2GO Group, Inc., D&L Industrues, Inc. and MRC Allied,...

Saturday, August 25, 2018 No Responses

Growing need for retail green bonds

KUALA LUMPUR: Issuances of green bonds — funds specifically raised to support climate-related or environmental projects — have grown exponentially over the past few years. While the bonds have attracted large inflows from institutional investors, there are...