Islamic banking
In the Trump era, one US Muslim investor tries a louder voice
Business
April 15, 2017
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
April 10, 2017
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
November 2, 2014
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
April 4, 2013
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
January 26, 2013
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
January 14, 2013
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
January 10, 2013
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
December 19, 2012
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
October 26, 2012
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
October 12, 2012
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…