Business Blog

The company announced a net profit of AED30.3 million for the period ended 30th of June 2016/

Sunday, July 31, 2016 - 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. To view the full IFG Briefing click here: http://tmsnrt.rs/2aG98bCFEATURE Turkish banking watchdog cancels operating rights of Bank Asya Turkey&aposs banking watchdog (BDDK) has cancelled the oper

With the largest chunk of overseas Indian population living in Gulf countries, market potential for 'Halal'-certified products from India continues to grow.

Egyptian Takaful Property and Liability Insurance will commit around $200,000 to the capacity subscription of a planned insurance pool designated to insure nuclear facilities and projects in Egypt.

Takaful firms have managed to capture 11.46% of the total insurance premiums in the country throughout the first four months of the current year.

Organization of Islamic Countries' imports of Halal ingredients recorded $33 billion in 2015, according to Thomson Reuters report.