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The listing brings the number of Sukuk listings by the bank on the exchange to eight. (AFP)
September 27, 2017 - 12:41 GMT
The listing brings the number of Sukuk listings by the bank on the exchange to eight, with a total value of $10.25 billion.
The country had rejected sharia-based financing options in the 1990s. Pictured here: Algerian president, Abdelaziz Bouteflika. (AFP/ File)
September 24, 2017 - 11:13 GMT
The country had rejected sharia-based financing options in the 1990s.
The new regulations will be applicable from June next year on all Islamic banks in Bahrain. (Shutterstock)
September 21, 2017 - 11:42 GMT
Bahrain has announced new Sharia governance regulations applicable to Islamic banks.
The profitability of Gulf Islamic banks will deteriorate this year and in 2018 with several factors coming into play. (File photo)
September 19, 2017 - 14:28 GMT
The profitability of Gulf Islamic banks will deteriorate this year and in 2018 with several factors coming into play.
The global halal economy is estimated to reach $6.4 trillion by 2018, compared to $3.2 trillion in 2012. (AFP)
September 18, 2017 - 14:35 GMT
The global halal economy is estimated to reach $6.4 trillion by 2018, compared to $3.2 trillion in 2012.
Islamic finance is set to slow next year. (Adek Berry/ AFP)
June 21, 2017 - 14:43 GMT
The growth in Islamic finance is expected to lose momentum in 2018.
Gas workers. (File photo)
June 18, 2017 - 15:55 GMT
UK court issues injunction in favor of UAE’s Dana Gas in sukuk issue.
Tunisia’s Prime Minister Youssef Chahed. (AFP)
May 11, 2017 - 09:27 GMT
Tunisia and Nasdaq Dubai have set up a task force to pave the way for Tunisia’s first issuance of a Sukuk.
The new credit cards are being launched as part of the bank's commitment to continuously provide flexible, Shari’a compliant financing solutions which address specific needs and provide enhanced benefits for customers, said a statement from the bank. (File photo)
May 10, 2017 - 11:53 GMT
Al Baraka Islamic Bank has announced the launch of its first-ever fully Shari’a compliant credit cards.