Business Blog

Dubai's Amlak Finance said it had signed a USD 2.7 billion debt and financing restructuring deal with creditors.

Wednesday, Nov 26 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. You can view the full IFG briefing via...

The reinsurance premiums in the GCC have been growing "substantially" due to major infrastructure projects in Qatar and Saudi Arabia, and Islamic insurance, a start-up few years ago, has made better inroads, according to experts.

Morocco's parliament gave final approval to an Islamic finance bill that will allow the creation of Islamic banks and enable private firms to issue Islamic debt, lawmakers said.

(Adds detail, context)RABAT, Nov 25 (Reuters) - Morocco&aposs parliament gave final approval on Tuesday to an Islamic finance bill allowing the creation of Islamic banks and enabling private firms to issue Islamic debt, lawmakers said.The North African kingdom has been trying to develop Islamic finance since an Islamist-led government took power in the aftermath of the 2011 Arab Spring protests, m

The Islamic Republic of Pakistan has set final guidance of 6.75%-6.875% on its five-year US dollar benchmark sukuk, according to a lead.