Jordan's Central Bank governor resigns – official
Jordan's cabinet accepted on Sunday the resignation of Faris Sharaf, the Central Bank Governor of Jordan, and appointed his deputy…
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Takaful market Set to grow in S. Africa and beyond
Another sign that the mainstream banks in South Africa are taking Islamic finance as a serious niche market business is…
Former Banque Saudi Fransi exec joins DB in Saudi Arabia
Deutsche Bank announced today the appointment of Waleed Fatani as General Manager of its branch in the Saudi capital Riyadh.…
Banks focus on Asia and Africa for growth opportunities
In a survey of 200 bank executives* at a series of events in Dubai, Singapore, London and Frankfurt that concluded…
Societe Generale SS appointed sub-custodian for Deutsche Bank in Egypt
Societe Generale Securities Services (SGSS) has been appointed by Deutsche Bank AG to act as sub-custodian for its proprietary and…
Emirates NBD establishes 'Tanfeeth'
Emirates NBD has announced the establishment of 'Tanfeeth', a fully owned subsidiary that aims at consolidating the Group's various back-office…
Ajman Bank appoints new Chief Risk Officer
Ajman Bank recently announced the appointment of Talal Soubra as its new Chief Risk Officer (CRO). Mr. Soubra brings to…
Barclays opens Islamic window in the Dubai International Financial Centre
Barclays Bank plc announced that it has received approval to operate an Islamic Window in the Dubai International Financial Centre…
NBAD launches 1st business banking centre in Sharjah
The National Bank of Abu Dhabi has launched its sixth business banking centre in the country and the first in…
DIB and Dubai eGovernment partner to provide easy online payment solution
Dubai Islamic Bank, or DIB, and Dubai eGovernment have partnered to provide customers an easy online payment solution. Using Al…
Oasis Group's CEO outlines expansion strategy
Cape Town-based Oasis Group Holdings is the pioneer of Shariah-compliant asset management, retirement and investment fund products - both equity…
Deposit guarantee may stay longer
The UAE government is considering extending a three-year decision to guarantee bank deposits introduced just after the eruption of the…