Al Baraka Banking Group's Q1 net income up 11pc

During the first quarter of 2018, the fluctuations of local currencies in a number of Arab and Middle Eastern countries where ABG units operate against the US dollar continued, which affected the reported growth figures of both income and balance sheet it


CIBAFI launches its third Global Forum

The two-day Forum, gathered stakeholders from the Islamic finance industry, multilateral development institutions, international and national regulatory bodies, policy-makers, and academia to discuss the key emerging issues within the industry.


As Islamic finance grows, risk factors need more attention

As a result, the crisis prompted improvement and enhancement of accounting and liquidity standards such as Basel II and Basel III to equip banks with better risk buffers, and more intense scrutiny by rating agencies and credit insurance providers of the b