Islamic Finance banks finding support in Turkey
Islamic Finance is growing more popular in less conventional countries and regions, such as Europe and Central Asia. In the…
Islamic Finance
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Ahlibank reports 11% rise in H1 net profit
Ahlibank reported an 11 per cent increase in its net profit for the six months period ended June 30, 2015. …
Markaz examines trends in the GCC bonds & Sukuk primary marke
Kuwait Financial Centre “Markaz”, in its recent research report titled GCC Bonds & Sukuk Market Survey, has highlighted the trends…
Kuwait preparing Islamic bond legislation to help finance budget-min
Kuwait is preparing legislation to facilitate issues of Islamic bonds by the government as it assesses options to finance a…
Dubai Islamic Bank targets 20 pct loan growth in 2015
Dubai Islamic Bank is targeting 20 percent loan growth in 2015, the lender's chief executive said on Wednesday. The…
BisB announces net profit for H1 2015 of BHD 8.2 million
The Bank has reported for the three months ended 30 June 2015 net income of BHD 5.1 million compared to…
Dubai Bank wants to sell its stake in BankIslami Pakistan: report
Dubai Bank PJSC wants to sell its shareholding in BankIslami Pakistan, a report in the local media said on Thursday.…
Bahrain Islamic Bank realizes 105% half yearly profit compared to last year
BisB has announced that it has realized BD 8.2 million as net income for the six month period ended 30…
Latest technology brings greater flexibility and strengthens SEB growth initiatives
Path Solutions announces today that Sudanese Egyptian Bank has successfully completed the implementation of iMAL Islamic core banking system across…
Bank of Sharjah announces financial results for the first half of 2015
Bank of Sharjah has announced its financial results for the six months ending June 30, 2015. Bank of Sharjah 's…
GCC Islamic insurance sector facing shake-up
GCC countries have experienced massive regulatory change with respect to the insurance sector over the past 12 months, a move…
Al Hilal Bank announces appointment of new Board of Directors
Al Hilal Bank announced today the appointment of a new Board of Directors under the Chairmanship of Mohamed Abdullah Al…