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  • Dubai Leads in Islamic Finance with New Shariah Hedge Fund Index


    The Dubai Multi Commodities Centre Authority (DMCCA) and Shariah Capital, Inc. announced the Dubai Shariah Hedge Fund Index, the first internationally-recognised index comprised exclusively of Shariah compliant hedge funds. Press Release - 07Jan 09:26GMT
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  • Minhaj Shariah Financial Advisory Launches Operations from DIFC


    In the presence of Abdulla Al Awar, Managing Director of the Dubai International Financial Centre (DIFC) Authority, Dr. Abdul Sattar Abu Ghuddah the Chairman of Minhaj and a number of scholars, specialists, and businessmen, Minhaj Shariah Financial Advisory announced the launch of its operations in DIFC, which will provide advisory and training services. Khaleej Times - 07Jan 06:17GMT
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  • Noor puts overseas expansion on hold


    Dubai's Noor Islamic Bank has halted its overseas expansion plans, citing difficult global economic conditions and a tight credit market. Gulf News - 07Jan 05:56GMT
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  • Noor Investment eyes 5% of UAE insurance market


    Noor Investment Group said it aims to have a five per cent share of the UAE's Dh15 billion insurance market within five years as it launched two new business entities to offer takaful, or Islamic insurance, products in the country. Gulf News - 07Jan 05:51GMT
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  • Noor Investment Group Launches Noor Takaful Cos


    Noor Investment Group LLC today announced the launch of its Noor Takaful brand offering a comprehensive and innovative range of Shari'ah compliant Takaful (Islamic insurance) products to meet the growing demand within the UAE and GCC region. Press Release - 06Jan 09:30GMT
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  • Deyaar's future contracts will be Shariah-compliant


    Deyaar Development yesterday said it decided to deal only with Islamic banks and that all its future contracts will be Shariah-compliant. Emirates Business 24/7 - 06Jan 07:14GMT
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  • Turkey plans to issue debut sovereign Sukuk


    Turkey in its own unique way is bumbling into Islamic capital markets through the planned issuance of its debut sovereign Sukuk (Islamic bond). Arab News - 05Jan 07:04GMT
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  • Amlak-Tamweel Merger To Boost Mortgage Business


    The merger of two largest Islamic mortgage providers in the UAE - Amlak Finance PJSC and Tamweel PJSC into a newly created $8 billion lender will ensure the mortgage business thrives in the country in the years ahead, investment bankers said. Gulf News - 05Jan 05:13GMT
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  • ahlibank opens two new branches


    ahlibank has announced the inauguration of its two new branches in Al Gharafa Area and Mesaieed CommercialArea. This takes the total number of ahlibank branches to 19, including three dedicated Islamic branches. The Peninsula - 04Jan 05:42GMT
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  • Bahrain Islamic Bank Launches First Drive-in ATM


    Bahrain Islamic Bank launched its first drive-in Automatic Teller Machine (ATM) at the Muharraq Club Fuelling Station, in Muharraq. Press Release - 02Jan 07:53GMT
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Investment Dar considers sale of 10% stake in Aston Martin to a Saudi investor - 06Jan
 
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Companies in Islamic Finance

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Al Salam Bank - Algeria Algeria Banking
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Gulf Finance House Bahrain Investment Banking
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Al Salam Bank - Bahrain Bahrain Banking
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Projects

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Ras Tanura Integrated Refinery and Petrochemicals Complex Saudi Arabia Oil and Gas
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Dubai RTA - Dubai Metro - Purple Line UAE Infrastructure
Qatar Foundation - Sidra Hospital Qatar Real Estate
WDEPC - Abu Qir Power Plant Expansion - Civil Works Egypt Power and Water
ADCO - SAS Field Development UAE Oil and Gas
Saadiyat Island Development - Saadiyat Resort and Beach Residences (Phase 1) UAE Real Estate
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP) UAE Oil and Gas
 

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Based on yesterday's close
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1 Nafais Holding Kuwait 291
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5 Suez Canal Company For Technology Settling Egypt 189
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