Turkey: Islamic lender fined $5.14 mln for unpaid tax
Islamic lender Bank Asya has been fined 15 million Turkish lira ($5.14 million) for unpaid taxes with additional fines, according…
Islamic Finance
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Islamic banking assets up 16% in 2015 Qatar among key markets Join our daily free Newsletter
Islamic retail and commercial banking assets continued to grow at 16% in 2015, at the same rate they did in…
BISB appoints a new Head Of Strategic Planning & Transformation
Mrs. Maisa J. Shunnar is a qualified, trained and seasoned professional. With over 17 years of rich and insightful experience,…
IDB approves more than US$ 466 million for new development projects
The Board of Executive Directors of the Islamic Development Bank approved financing for several major new and also ongoing projects…
NCB capital named "Best corporate advisory" at "10th annual islamic business & finance" awards
NCB Capital , Saudi Arabia's leading provider of investment banking and wealth management services and largest asset manager, is announced…
Medgulf Takaful and Copart Bahrain Sign Agreement
Medgulf Takaful, an insurance company in Bahrain, has entered into an agreement with Copart Bahrain in a signing ceremony attended…
Demand for Islamic finance gaining ground in Mideast
Islamic finance is gaining popularity in key markets, including the personal loan sector, and there has been a marked increase…
Bahrain Islamic bank appoints a new Head of Human Resources and General Services
Dawood Al Ashhab has joined Bahrain Islamic Bank( BisB ) with a wealth of international banking experience. For the…
Saudi Arabia dominates Islamic banking market by 33 per cent
Saudi Arabia is still dominating global Islamic banking, accounting for 33 per cent of this market, says a report. …
AUB named among 50 most Secure international banks – Lender ranked 2nd locally, 5th regionally
Ahli United Bank has embodied its leading role in the Islamic banking field both locally and regionally obtaining the second…
UAE banks plan to launch mobile wallet in 2016
The UAE Banks Federation (UBF) will finalise the Mobile Wallet project and work on reducing the impact of the “de-risking”…
Abu Dhabi Islamic to back key DFRE events
UAE’s Abu Dhabi Islamic Bank has become a strategic partner of the Dubai Festivals and Retail Establishment to sponsor and…