A Handbook on Securities Statistics released by the International Monetary Fund has defined common Islamic financial instruments. »
London based Gatehouse Bank has announced the acquisition of Fountainbridge, a student accommodation property located in Edinburgh, United Kingdom for £20.0 million. »
The sector displays steady growth in Brunei supported by regular issuance of short term Government sukuk, and by Bank Islam Brunei Darussalam. »
A comparison of fixed deposit rates offered in UK Pounds (GBP Sterling) by UK based Islamic Banks, and Conventional Banks shows the Islamic Banks offering better rates. Al Rayan Bank (formerly known as Islamic Bank of Britain) is offering an industry best profit rate of 1.90% for a one year fixed deposit, whilst the conventional arm of HSBC is offering a lowly 1.00%. Al Rayan Bank and HSBC both en... »
Sukuk issuances in April 2015 declined in terms of both value and number; by value decreased 84% y-o-y to USD0.7bn. »
The 2015 edition of Standard and Poor’s annual outlook for Islamic finance showcases S&P’s wide-ranging Islamic finance research and thought leadership, produced by their dedicated team of analysts. In the following CreditMatters TV, Mohamed Damak, Head of Islamic Finance for S&P, speaks about the industry outlook for 2015, the main reasons for its growth, and the challenges it... »
The Manchester office aims to serve mid-market companies in the North of England, where it has provided financing totalling £50 million over the past year. »
The proposal would give people without a deposit the option of paying monthly instalments towards the cost of a home, without having to raise a deposit. After 30 years of such payments, the buyer would own the home outright. »
Nigeria is Africa’s biggest economy and second only to Saudi Arabia in terms of Organisation of Islamic Cooperation (OIC) members GDP ranking. »
Gatehouse, a UK based investment bank operating in accordance with Sharia principles, announced the completion of terms for financing of a real estate deal. »
