Islamic Finance Archives - Page 104 of 504 - Managers of Wealth Middle East

AAOIFI grants compatibility of compliance certificate to iMAL Islamic financial software of Path Solutions

January 8, 2020

The Accounting and Auditing Organization for Islamic Financial Institutions carried out a rigorous process of testing the compliance of iMAL…

Awards and Recognition

Kuwait Finance House-Bahrain honours "Fursan Baytik" employees for Q3 2019

January 8, 2020

Kuwait Finance House–Bahrain, recently honoured another batch of employees under the ‘Fursan Baytik’ Employee Recognition programme in acknowledgement of their…

Islamic Finance

Al Salam Bank-Bahrain opens new Riffa branch in Al Raya Mall

January 8, 2020

Al Salam Bank-Bahrain officially opened its newest branch at Al Raya Mall in Riffa in the presence of the Executive…

Islamic Finance

Noor Bank reshuffles board ahead of merger with DIB

January 8, 2020

UAE’s Dubai Islamic Bank is progressing with the acquisition of Noor Bank whose board of directors has been reconstituted to…

Hedge Funds & Alternative Investments

Dubai's Amlak Finance achieves 95% approval on debt restructuring

January 8, 2020

Amlak Finance, a Dubai-based Islamic mortgage provider, announced that it has achieved 95 percent approval on its debt restructuring terms.…

Awards and Recognition

Moody's affirms Boubyan Bank’s ratings, outlook

January 7, 2020

Moody's Investors Service has maintained Boubyan Bank’s baseline credit assessment at ‘ba1’ and its outlook as ‘Stable’. Meanwhile, the…

FinTech

QIIB selects IBM Safer Payments to advance fraud prevention

January 7, 2020

Qatar International Islamic Bank has selected IBM Safer Payments and has implemented the solution which provides a cross-channel fraud prevention…

Comment & Analysis

Revealed: Top 25 companies listed on the Dubai Financial Market

January 7, 2020

UAE banking giant Emirates NBD has topped Arabian Business’s countdown of the top companies listed on the Dubai Financial Market.…

Financial Results

Credit granted to Islamic banking entities reach OMR3.9 billion

January 6, 2020

Islamic banking entities provided financing to the extent of OMR3.9 billion at the end of October 2019 as compared to…

Islamic Finance

NBB offer to acquire Bahrain Islamic Bank receives required minimum threshold of BISB shareholders acceptances

January 6, 2020

An official announcement has been made that the National bank of Bahrain offer to acquire Bahrain Islamic Bank is now…

Hedge Funds & Alternative Investments

ADIB provides $80mln Sharia'a-compliant financing to Oman Shipping Company

January 6, 2020

Abu Dhabi Islamic Bank, had signed an agreement to provide a US$80 million Shariah-compliant Ijara facility to Oman Shipping Company…

Comment & Analysis

Regional markets slump amid rising US-Iran tensions in the Middle East

January 6, 2020

Most regional equity markets fell sharply yesterday, tracking the global slump on Friday as tensions between the US and Iran…

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