Islamic Finance Struggles Toward Mainstream In Azerbaijan
When a businessman in Muslim-majority Azerbaijan wanted a bank loan that complied with Islamic principles, until a…
Browsing Tag
Islamic finance
Egyptian Islamic Finance Association Holds Conferences On Islamic Finance
The Egyptian Islamic Finance Association is set to hold a number of conferences to raise awareness on Islamic…
Suez Canal Bank To Launch Sukuk Soon
The Suez Canal Bank targets to launch a number of sharia-compliant products such as sukuk (Islamic bonds) during…
NBE’s Islamic Units Have Loan-To-Deposit Ratio Of 30%
The National Bank of Egypt’s (NBE) Islamic deposits reached EGP 700 million, while Islamic finances registered EGP…
Islamic Finance Sector Seen To Reach $2 Trillion By 2015
The $1 trillion global Islamic finance industry is set to double in size between 2011 and 2015, recording an annual…
Egypt-Based Islamic Finance Firm Eyes $100 Mln Investment
Cairo-based Ridge Islamic Capital said on Wednesday it has $100 million to raise its capital and invest in funds…
Ringgit Sukuk Potential Big
Several recent landmark corporate and infrastructure sukuk by companies in the GCC issuing in Malaysian ringgit may…
NBE’s Islamic Deposits Hit EGP 700 Mln In August 2012
The National Bank of Egypt’s (NBE) portfolio of Islamic deposits registered EGP 700 million at the end of last…
Banque Misr Offers EGP 200 Mln To East Delta Electricity Company
Banque Misr approved to contribute EGP 200 million to the Islamic syndicated loan amounting to EGP 720 million (US$…
Shehab Marzban To Establish Finance Company For Small Tech Firms In October
Shehab Marzban, member of the board of directors of the Egyptian Islamic Finance Association, said he will…