UAE-based RAKBANK Implements Kamakura Solutions for Balance Sheet Management and Funds...
Kamakura Corporation reported today that UAE-based RAKBANK has signed an agreement to implement Kamakura's solutions for its balance sheet management and funds transfer pricing....
Abu Dhabi Islamic Bank Hires Banks for $750m Sukuk
Abu Dhabi Islamic Bank (ADIB), the largest sharia-compliant lender in Abu Dhabi, has hired international banks to arrange the sale of $750m in Islamic...
New Products, Standards Buoy Islamic Trade Finance Business
Islamic trade finance is poised for change with the launch of new products and common standards as Islamic banks look to grab market share...
Common Shariah Norms for Islamic Finance Still Remain a Tricky Issue
Shariah governance and regulations in Islamic finance remain a diverse topic despite countless initiatives to set a common international framework of rules to standardise...
Bank Nizwa’s Net Profit Soars 101% in First Half
Bank Nizwa announced its first half financial results registering yet another strong performance across its operations in Oman’s banking sector. The bank recorded 101...
IRTI and Arab Monetary Fund Explore New Areas of Collaboration in...
The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group and the Arab Monetary Fund (AMF) have begun exploring opportunities...