Barclays Plc named Haidar Hammoud head of wealth and investment management in Abu Dhabi as Britain’s second-biggest lender seeks to tap high net-worth individuals in the emirate, holder of about 6 percent of the world’s oil. Hammoud, previously at Deutsche …

Islamic Finance is moving towards greater convergence with issues on harmonisation of Shariah interpretation and coordination of international policy and the governance process among industry players' main discussion topics

Malaysia’s ringgit was poised to snap an eight-week winning streak after the country reported the slowest economic growth since 2009, and the dollar advanced against global currencies. The Southeast Asian nation’s first-quarter gross domestic product rose 4.1 percent from a …

WASHINGTON – International Monetary Fund (IMF) staff will visit Madrid on May 21 for their third review of Spain’s reforms of its banking system, the IMF said on Thursday. The IMF’s monitoring is part of a deal agreed to with …

Islamic Finance industry, which grows about 15 percent a year, is projected to manage four per cent of the world economy soon