Business Blog

DAMAC Hotels, the hospitality arm of DAMAC Properties, has officially launched the first fully certified Shariah-compliant serviced hotel apartments in Dubai during the Arabian Travel Market (ATM) exhibition held recently.

Pakistan's central bank has given Meezan Bank Ltd approval "in-principle" to purchase the local banking business of HSBC HSBA.L , the sharia-compliant lender said in a bourse filing on Wednesday.

Kuwait-based real estate developer Al Mazaya Holding has restructured part of its debt into a six-year 12 million dinars (USD 42.6 million) Islamic facility extended by a bank consortium, the company said

Kuwait-based real estate developer Al Mazaya Holding has restructured part of its debt into a six-year 12 million dinars (USD 42.6 million) Islamic facility extended by a bank consortium, the company said

Kuwait-based real estate developer Al Mazaya Holding has restructured part of its debt into a six-year 12 million dinars (USD 42.6 million) Islamic facility extended by a bank consortium, the company said

Kuwait-based real estate developer Al Mazaya Holding has restructured part of its debt into a six-year 12 million dinars (USD 42.6 million) Islamic facility extended by a bank consortium, the company said