07/10/2015
Bank of Tokyo-Mitsubishi UFJ, Ltd. is pleased to announce that it obtained an Islamic Financial Business endorsement to operate an Islamic Window from the Dubai Financial Services Agency on 8 July, 2015.
07/06/2015
Muslim Commercial Bank Limited inaugurated its first Wholesale Branch Banking operations in Dubai, UAE on 2 July 2015. An event celebrating the launch was held at the Armani Hotel, Dubai and was attended by Pakistan’s Finance Minister Ishaq Dar, Sh
07/01/2015
The banks agreed to proceed with due diligence, subject to receiving regulatory approvals, they said in separate statements.
06/29/2015
Salim Al Kalbani, acting head of retail products, business and segments department at Bank Dhofar, says that customers should know what their requirements are.
06/28/2015
Ithmaar Bank , which achieved 94.5 percent efficiency in the execution of electronic payments during 2014, received the Straight Through Processing Excellence Award at a ceremony held at the Bank's Seef Headquarters.
06/26/2015
Banque Misr , Egypt's second-largest state lender, has invited banks to pitch for arranger roles on a potential dollar-denominated syndicated loan
06/24/2015
Doha Bank Group, one of the largest commercial banks in Qatar, said it is this week opening an office in South Africa, which it sees as the “gateway to the African continent”.
06/23/2015
Saudi Arabia's National Commercial Bank became the latest lender in the Kingdom to announce the sale of a capital-boosting Islamic bond, raising SR1 billion ($267 million) through a sukuk which will enhance its core capital.