Business Blog

New study says non-Muslim African, Asian countries emerging as new destinations for Islamic finance

New study says non-Muslim African, Asian countries emerging as new destinations for Islamic finance

Turkish subsidiary of Kuwait Finance House has secured a USD350 million syndicated Islamic loan.The dual-currency murabaha transaction for Kuveyt Turk was arranged in two tranches, one maturing after two years for USD300 million, and the other including one- and two-year terms for a combined total of EUR 40 million.

Falling oil prices could see single digit growth next year in the GCC construction sector, according to industry heads.

Manchester football team FC United's new £5.5m stadium may not open until February following a series of setbacks.

Wednesday, Dec 31 - 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 briefin...