Islamic Finance Taps Into Mobile Phone Airtime
The use of mobile phone airtime as an underlying asset in structuring financial products is making a comeback…
Browsing Tag
Islamic finance
Saudi Mortgage Law To Diversify Banking Sector
The introduction of a mortgage law in Saudi Arabia will improve the housing supply as well as provide…
Banque Misr Awaits CBE’s Approval To Offer Ijara Services
Banque Misr has submitted a request to the Central Bank of Egypt in order to conduct Ijara (Islamic lease)…
Saudi Islamic Finance Assets Valued At US$ 94 Bln: Deloitte Report
Saudi Arabia is one of the main contributors to the Islamic Finance industry, with an estimated $94 billion in…
World Bank, Al Baraka Bank Launch Islamic Finance Initiatives
The World Bank and Bahrain-based Al Baraka Banking Group have joined hands to launch joint programs under a new…
NBD Manages Islamic Syndicated Loan To Iron Factory
Banque Misr and Bank Audi, lead arrangers of the EGP 900 million Sharia-compliant loan offered to Egyptians Factory…
NBD, Audi Arrange EGP 688 Mln Loan for Egyptian Company For Potash
The National Bank for Development (NBD) and Bank Audi have announced that they won their bid to act as a joint lead…
Fatma Lotfy: Islamic Banking Is the Future
Fatma Lotfy, vice chairman and managing director of Bank Audi - Egypt, believes that Islamic banking will have a…
MIFC Ambassador Urges Innovation within Shariah to Meet Liquidity Challenge
Raja Nazrin Shah, Financial Ambassador to the Malaysian International Islamic Financial Centre (MIFC) has strongly…
Malaysia’s Central Bank Governor Receives IDB’s Prize For Islamic Banking
The Jeddah-based Islamic Development Bank (IDB), the multilateral development bank of the Muslim world, has awarded…
