MADRID: Ahmad Mohamed Ali, the president of the Islamic Development Bank (IDB), the multilateral development agency of the Muslim world, has warned that the euro
Islamic finance in the European Union may be taking a back seat as the continent is gripped with a dire euro zone sovereign debt crisis which has even impacted o
Sovereign Germany might be disappointed that its recent Eurobond offering was not fully subscribed. Perhaps in hindsight, had it instead opted to issue a debut E
CAIRO: Egypt will formally ask the International Monetary Fund to start negotiations for a new $3.2 billion financing package after the country turned down such
Oman's new regulatory and legal framework for Islamic banking and finance should be completed by the end of this year. "We are building a legal and reg
Perhaps it is not surprising that the 9th Annual Summit of the Islamic Financial Services Board (IFSB) will be hosted by the Central Bank of Turkey (CBT) on May
The Islamic capital market will sustain its growth momentum over the next decade. Its next phase of growth will be characterized primarily by greater internation
Mahathir Mohamad, former Malaysian prime minister, has warned the Islamic banking industry that it has to learn about the mistakes of conventional finance if Isl
The governors of central banks and monetary authorities of the Organization of Islamic Cooperation (OIC) member countries are convening Tuesday for a meeting hos
