Iran is currently navigating a perilous economic landscape as inflation reaches alarming heights not seen since the aftermath of World War ...

The U.S. Treasury imposed sanctions on 10 individuals and companies, including several in China and Hong Kong, for aiding Iran's weapons an...

Iran war: U.S. Treasury said it remained ready to take economic action against Iran's military industrial base to prevent Tehran from recon...

Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unli...

United States officials are discussing a prolonged blockade of Iran's ports with oil companies. This comes as efforts to resolve the ongoin...

Dubai Islamic Bank (DIB) has announced its plan to plant a tree for every new customer who opens an account with the bank. DIB has partnere...

NMC, the largest private healthcare provider in the United Arab Emirates (UAE), ran into trouble last year after the disclosure of more tha...

DAE had given initial price guidance of around 4.375% for the Islamic bonds earlier on Thursday, according to a separate document also from...

Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, Sharjah Islamic Bank, and Standard Chartered Bank will act as joint l...

Saudi Arabia's benchmark index slipped 0.3%, with National Commercial Bank losing 1% and Samba Financial Group shedding 1.2%.

Reuters on Tuesday launched the world's first Islamic finance benchmark rate, designed to provide the average expected return on Shariah-co...

The National Bank of Abu Dhabi (NBAD) today said its total exposure to the state-owned Dubai World Group stands at USD 345 million.

To keep a tab on money laundering and terror financing, a leading UAE bank has installed an integrated software solution, a first in the re...

Dubai Bank plans to become a major global Islamic lender over the next five years through acquisitions and has set up a $5 bn financing pro...

Foreign investors are showing increasing interest in Pakistan’s Islamic banking, with direct investments exceeding Rs 2,000 crore.

TCS, Infy, i-flex are now hopping on to the Islamic banking bandwagon by offering new software solutions.

Sheikh Nizam Yaquby is the gatekeeper to the $1 trillion market for managing Muslim wealth. Yaquby, who lives in Bahrain, says he's on advi...