by Masood Ahmed | May 20, 2015 | Opinion
What do the Olympic Village in London and the Burj Khalifa in Dubai have in common? The answer is Islamic financing, or financing under Islamic principles. Though still accounting for a small share of the global financial industry, Islamic finance is one of its...
by Eman Al-Khattaf | Sep 10, 2014 | Business
Dammam, Asharq Al-Awsat—The global Islamic economy is growing faster now than at any time previously, attracting increasing investment from around the world, according to the chief executive of a company operating in the sector. Nader Sabri, chief executive of Muslim...
by Asharq Al-Awsat | Sep 3, 2014 | Business
Dubai, Asharq Al-Awsat—Gulf countries will be the engine driving the growth of the global sukuk market, according to a report released on Monday by the Dubai Chamber of Commerce and Industry. The report, which is based on data from the UK Islamic Finance Secretariat...
by Lahssen Moqana | Jun 26, 2014 | Business
Casablanca, Asharq Al-Awsat—Morocco’s lower house of parliament has approved a new banking law, which for the first time contains articles relating to Islamic banks, paving the way for a fledgling Islamic finance industry in the country after years of false starts....
by Asharq Al-Awsat | May 20, 2014 | Business
Abu Dhabi, Reuters—Abu Dhabi Islamic Bank (ADIB) has received regulatory approval from the United Arab Emirates central bank for its purchase of Barclays’ retail operations in the country, its chief executive said on Tuesday. The largest sharia-compliant lender...
