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Consumer Spending in Islamic Economy Sectors Totals US$2.2 Trillion

Islamic economy registers 5.2 per cent growth over previous year UAE ranks first across five of seven Islamic economy sectors Investments in Islamic...

First Home-grown Wholesale Islamic Bank to Open in DIFC

Dubai Investments PJSC , the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors...

UAE Islamic banks account for 30% of global Islamic Banking industry

UAE Islamic financial services sector represented 30% of the global Islamic banking industry in 2011

Barclays opens Islamic window in Dubai International Financial Centre

Barclays Bank plc announced today that it has received approval to operate an Islamic Window in the Dubai International Financial Centre (DIFC), enabling it...

New training courses in Islamic finance

Dar Al Sharia Legal & Financial Consultancy LLC, Dubai Islamic Bank’s (DIB) Sharia consultancy and advisory services subsidiary, announced today that it has partnered...

Bloomberg announced launch of a Bloomberg Islamic Finance Platform

Bloomberg Professional® service executives today announced the launch of a Bloomberg Islamic...

Ethica Institute Makes History at Mashreq Bank

For the First Time Ever, Bank-Wide Islamic Finance E-Learning is Now a Reality, Bringing the Still-Booming Islamic Finance Industry One Step Closer to the...

Global Islamic Finance Industry Targets AED7.3 Trillion (US$2 Trillion) in the...

Innovation and product diversification to drive growth of Islamic finance industry The global Islamic finance industry has been forecasted to touch the AED7.3 trillion...

DIFC Authority releases updated version of ‘Guide to Islamic Finance’

As debt-based conventional banking faces troubled times, asset-backed Islamic finance is becoming popular in world's financial capitals The Dubai International Financial Centre Authority today announced...

Meltdown turns spotlight on Islamic finance

The failure of major investment and commercial banks that helped trigger the global recession has led some experts to look for other ways of...

Islamic banking makes rapid strides

Islamic banks have become an increasingly important part of the UAE system making rapid strides along the way. Islamic banks have increased their share...