Islamic finance
- UAE
UAE: Emirates Islamic concludes debut $500 million financing facility
Facility is the first of its kind raised by a Shariah-compliant financial institution Emirates Islamic, one of the leading Islamic…
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TWF completes first international Islamic finance transaction
Türkiye Wealth Fund (TWF) has signed a $100 million Murabaha financing agreement with Sharjah Islamic Bank (SIB). This three-year term…
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Turkiye’s Ziraat Katilim sells $500 million 3-year debut sukuk paper at 9.375% coupon
Ziraat Katilim Varlik Kiralama has sold $500mn of a debut sukuk paper (XS2699906512) due November 2026 at a coupon rate…
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Shariah-compliant investment opportunities for UAE expats
Shariah-compliant investment funds claim a significant share in the $2.88 trillion Islamic finance market, according to the latest Global Islamic…
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Turkiye eyes to become leader in Islamic finance, says official
Participation finance is one of two pillars of Istanbul Financial Center, says head of presidency’s Finance Office Turkiye aims to…
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Turkey needs holistic approach for Islamic finance: Expert
Country may become leader in Islamic finance field in sectoral, academic terms, lecturer says Turkey will have a considerable position…
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Turkish city to host international Islamic economic event
Event to focus on pandemic’s effects on Islamic finance, including problems and possible solutions The central Turkish city of Konya…
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Turkey’s interest-free banks’ share to double by 2025: S&P report
Turkey’s interest-free banks, commonly known as “participation banks” within the country, that operate under the scope of Islamic finance, have…
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D8 praises Turkey’s economic reforms, leading projects
Turkey to become global financial hub, secretary-general of D8 says Turkey is set to attract more foreign investments thanks to…
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