• Islamic banking surges post-global recession
• Islamic banking move is a potential game-changer
• Qatar sees risks in mixing Islamic, conventional banks
• Qatari bank may set precedent
• Bank Negara: No ban on Islamic services by conventional banks
• Islamic banks must ensure shariah compliance
• Merger with al khaliji to be completed this year: IBQ’s Nasra
• Al khaliji posts record net profit of $117.2 mln for 2010
• Al Hilal Bank to accelerate Islamic finance growth
• Masraf Al Rayan-QDB MoU to help SMEs
• IBQ net profit surges 34pct
• Saudi bank buys 10pct stake in Sri Lanka’s first Islamic bank
• Pakistan: Govt taking steps to encourage Islamic banking: Sheikh
• Albaraka cuts size of March sukuk
• AmIslamic Funds Management named Islamic fund house of the year
• AIG, Mitsui expand in Malaysia
• Gulf Finance House signs an agreement with Kuwait Investment Company to assist with its capital raising program
• Future of Islamic finance probed at forum

Featured Services

Administrative Options / Contact

Add your event or product here

From Indianexpress.com: Islamic banking has been gaining momentum after the recent global meltdown and many countries, including India, are opening their doors for it, an international Islamic banking expert said here. Islamic banking is based on the principle of profit-sharing, rather than charging interest. (more...)

Email Add Comments More stories about: Banking, Performance

From Efinancialnews.com: This week, Qatar Central Bank surprised commercial lenders by stipulating that they shut down their Islamic finance activities by year end, in a move that will affect banking strategies. The move leaves unanswered questions and big strategic worries for the big Western banks with a presence in the region. (more...)

Email Add Comments More stories about: Banking, Emerging Trends

From Reuters: The Qatar central bank said it saw higher risks from conventional lenders operating Islamic units, clarifying a recent ruling which asked commercial banks in the Gulf state to close their sharia-compliant operations.  (more...)

Email Add Comments More stories about: Banking, Compliance, Tax, Legal, Regulatory, Market Moves

From Thenational.ae: Qatar's move to stop Sharia-compliant lending by conventional banks could trigger similar moves across the region as Gulf states jostle for position in a market estimated to be worth US$800 billion (Dh2.93 trillion). (more...)

Email Add Comments More stories about: Banking, Emerging Trends

From Themalaysianinsider.com: Bank Negara Malaysia (BNM) assured that it will not follow Qatar’s example in stopping conventional banks from offering Islamic banking services. (more...)

Email Add Comments More stories about: Banking, Compliance, Tax, Legal, Regulatory

From Thestar.com.my: Malaysian Islamic banking institutions, operating as subsidiaries or windows, must have proper firewalls and separation of funds to ensure compliance with syariah requirements, Bank Negara said. (more...)

Email Add Comments More stories about: Banking, Compliance, Tax, Legal, Regulatory

From Thepeninsulaqatar.com: The merger between al khaliji bank and International Bank of Qatar (IBQ) is on track and the deal is expected to be concluded this year, IBQ’s Managing Director said. (more...)

Email Add Comments More stories about: Banking, Market Moves

From Cpifinancial.net: Al Khalij Commercial Bank (al khaliji) released its 2010 end-of-year financial results today, showing an increase in net profit, which reached QAR 427 million ($117.2), up 155 per cent from QAR 167 million ($45.8 million) in 2009. (more...)

Email Add Comments More stories about: Banking, Performance

From Gulftoday.ae: Al Hilal Islamic Bank, the first commercial Islamic bank in Kazakhstan, recently conducted a series of seminars and business lectures for media representatives in the key cities of Almaty and Astana in a move to enhance public awareness on basic principles of Islamic finance. (more...)

Email Add Comments More stories about: Banking, Emerging Trends, Finance

From Thepeninsulaqatar.com: Masraf Al Rayan (MAR) –one of the leading Islamic banks in Qatar – signed a MoU with Qatar Development Bank (QDB) to offer Al Dhameen indirect finance facility targeting the Small and Medium-sized Enterprises (SMEs) in the country.  (more...)

Email Add Comments More stories about: Banking, Market Moves

From Tradearabia.com: International Bank of Qatar (IBQ), one of the fastest-growing banks in the country, registered a full-year net profit of QR458 million ($125 million) for 2010, up 34 per cent from the previous year. (more...)

Email Add Comments More stories about: Banking, Performance

From Sundaytimes.lk: The Jeddah-based Islamic Development Bank (IDB) has taken a 10-percent stake in the first commercial Islamic bank in Sri Lanka, which is to be opened shortly in the island, a senior official from the Amana Bank Limited in Colombo told Saudi Arabian newspaper Arab News. (more...)

Email Add Comments More stories about: Banking, Capital Market (Equity, Mutual Funds), Investment

From Thenews.com.pk: Investment in Islamic banking industry has touched Rs424-billion mark till 2010 and the government is taking measures to encourage Islamic banking and finance in the country, Finance Minister, Dr Abdul Hafeez Sheikh, said. (more...)

Email Add Comments More stories about: Banking, Compliance, Tax, Legal, Regulatory, Market Moves

From Gulfnews.com: Albaraka Banking Group reduced the size of a March sukuk programme to $250 million (Dh918 million)-$300 million from the planned $500 million, Chief Executive Officer Adnan Ahmad Yousuf said. (more...)

Email Add Comments More stories about: Bonds (Sukuk)

From Bernama: AmIslamic Funds Management (AIFM), part of the Funds Management Division (FMD) of AmInvestment Bank Group, has won the Islamic Fund House of the Year award. (more...)

Email Add Comments More stories about: Funds, Performance

From Btimes.com.my: Malaysia is attracting global companies such as American International Group Inc and Mitsui Sumitomo Insurance Co seeking to tap growth in the country’s US$4 billion Islamic insurance market. Mitsui Sumitomo said on Jan. 28 it’s in talks to buy a stake in a local operator offering takaful, or Shariah-compliant insurance. (more...)

Email Add Comments More stories about: Insurance (Takaful), Market Moves

Gulf Finance House, the Bahrain based Islamic investment bank announced that the Kuwait Investment Company has been appointed to assist the bank with the recapitalization and raising up to US$ 500 million program through a convertible murabaha as part of the restructuring plan agreed to by shareholders. (more...)

Email Add Comments More stories about: Banking, Finance, Market Moves

From Tradearabia.com: The future of Islamic trade and finance was discussed by a group of 50 bankers, entrepreneurs and other experts at a roundtable at the Crowne Plaza Hotel in Bahrain. (more...)

Email Add Comments More stories about: Finance, Market Moves

New tools - Opalesque users access for free emerging managers running CTAs, Directional, Event-Driven, Funds of Funds, Global Macro, Multi Strategy and Relative Value funds.

The Bahamas' Pioneering Legal Groundwork for Digital Assets Industry Roundtable & Interactive Webinar with Christina R. Rolle, Executive Director, Securities Commission of The Bahamas In a previous Opalesque Roundtable we examined how "tiny" Bahamas was able to beat global giants in the Central Bank Digital Currencies (CBDC) race when in 2019 it launched its "sand dollar" - a digital version of the Bahamas Dollar and controlled by the central bank - effectively beating China's "digital renminbi" by six months. Pric

Free Download

Get a FREE month of the Opalesque realtime Active Trader Chat, the longest running trading community of market professionals, traders and hedge funds focusing on the U.S. markets. The service was launched in 2001 and over half of its members have been in the forum for over 5 years.

"I pay the forum the highest compliment - it consistently makes me money." - Christopher Hurd, Hill Financial Group
Real names only
The Chat's moderator is a 15 year trading veteran and is essential tool for any trader or manager who is active in the U.S. markets.

Go here for more information and a free one month trial:

Topics people read on Opalesque ...right now: Islamic Banking International Asset Management Arcus PARDUS pension Pagaya CapTrust fund managers Tokai Tokyo PAULSON Metrica focus Biotech Investors volatility risk premium hedge fund onex HEDGE Alkeon launch man group managed account administration viking Sculptor hugh hendry ids capital Kenmar standard pacific davidson kempner South Africa Alpha Capital greenlight fund launch ssi 1798 Mark short selling ban Beach Point Trafalgar Capital Rothstein Kass PGIM Millennium credit armored wolf Field Street Ospraie hermes Garda social media crake Gold LyGH Balyasny Systematica Resscapital Legg Mason These terms were the most active searches on the Opalesque site within the last 24 hours. This list is an accurate reflection of interests and concerns within the industry - in real time. The larger the font, the more intense was the search for that search term.

Opalesque Shop

2012 Preqin Sovereign Wealth Fund Review

	More »
	Browse Bestsellers
	List your product here

A SQUARE

Agriculture

Investment opportunities in Africa – Agriculture in Mozambique
» Full Story

	A SQUARE Archive
	More Information

Search Opalesque Archive

Search through archives of over 407,266 articles.

Contact Us

ISSN Number: 1450-1953
Please mail us your feedback and suggestions to feedback@opalesque.com - we love to hear from you!

Opalesque Ltd.
8 Samou Street
St. Omologites
Nicosia 1640
Cyprus

+49-89-2351 3055
info@opalesque.com
www.opalesque.com

This newsletter is overseen by Laxman Pai for Opalesque Ltd. For more information about the Opalesque team and Opalesque Ltd. please use this link.

Did you know? Opalesque has a great newsletter archive - use this link.

Disclaimer: The information contained in this newsletter does not constitute an offer or solicitation to sell any security or fund to or by anyone in any jurisdictions, nor should it be regarded as a contractual document. Under no circumstances should the information provided on this newsletter be considered as advice for any investment, or as a sufficient basis on which to make investment decisions. The information contained herein has been gathered by Opalesque Ltd. from sources deemed reliable as of the date of publication, but no warranty of accuracy or completeness is given. Opalesque Ltd. is not responsible for and provides no guarantee with respect to any of the information provided herein or through the use of any hypertext link. Past results are no indication of future performance. All information in this newsletter is for educational and informational purposes and does not constitute investment, legal, tax or accounting advice.