Islamic banking

In the Trump era, one US Muslim investor tries a louder voice
Business

In the Trump era, one US Muslim investor tries a louder voice

Shareholder activism is rare in Islamic finance, but one wealth manager has staked out new territory as the most outspoken…
Islamic fintech firm becomes first to get UK regulatory approval
Science

Islamic fintech firm becomes first to get UK regulatory approval

A London-based Islamic financial technology start-up has become the first company of its kind to be given regulatory approval in…
Forum urges Islamic banks to improve hedge management
Business

Forum urges Islamic banks to improve hedge management

A forum held Saturday by the Union of Arab Banks in Sharm al-Sheikh called upon Islamic banks to reinforce the…
Sukuk law in state of flux until Al-Azhar review
Business

Sukuk law in state of flux until Al-Azhar review

The Shura Council approved in late March a law allowing the issuance of sukuk, or Islamic bonds, which the heavily…
As Egypt’s economy suffers, Gulf money moves into banking sector
Business

As Egypt’s economy suffers, Gulf money moves into banking sector

As Egypt's banking sector struggles under the weight of a credit crunch, Arab banks are seeing the crisis as an…
Islamic bonds law to be approved in days, says finance minister
Business

Islamic bonds law to be approved in days, says finance minister

The draft law on sukuk (Islamic bonds) will likely be approved by all the relevant institutions, including the Finance Ministry,…
Government struggles to get a sukuk law on the books
Business

Government struggles to get a sukuk law on the books

Officials went to the drawing board with a controversial law on  sukuk , or Islamic-sanctioned bonds, that was set to…
Cabinet approves Islamic bonds law in principle
Business

Cabinet approves Islamic bonds law in principle

The Cabinet during its meeting Wednesday approved in principle a draft law on sovereign Islamic bonds and decided it would…
In economic flux, Islamic banking and finance are gaining ground
Business

In economic flux, Islamic banking and finance are gaining ground

The economic stagnation of the past year and a half has taken a toll on many businesses, but a fleet…
In sukkuk, govt sees a solution to economic crisis
Economy

In sukkuk, govt sees a solution to economic crisis

  Prime Minister Hashem Qandil announced last month his government’s intention to issue one or two rounds of sukuk, a…
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