Ithmaar Bank committed to working closely with Bahrain and Kuwait authorities
Ithmaar Bank B.S.C. (stock code "ITHMR") is a Bahrain-based Islamic retail bank that is licensed and regulated by the Central…
Islamic Finance
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Bahrain Islamic Bank Appoints Mr. Hassan Ameen Jarrar
The Board of Director of Bahrain Islamic Bank has announced the appointment of Mr. Hassan Ameen Jarrar as Chief Executive…
OAB’s Islamic banking arm gets nod for new products
New products and services that Al Yusr, the Islamic banking arm of Oman Arab Bank,will launch have been reviewed and…
World Bank's IFC plans sukuk sale after Gulf summe
The International Finance Corp (IFC), the World Bank's lender to the private sector, has started work on a return to…
Emirates Islamic launches EI World; a new mobile banking app
EI World is a mobile banking app that allows Emirates Islamic customers to conduct a range of banking transactions. The…
Islamic lender Amlak says eyeing partnership with Dubai's Emaar
Dubai-based Islamic mortgage lender Amlak Finance has said it is in talks with Emaar Properties to launch a partnership. …
ADIB postpones instalments for finance customers during Ramadan
Abu Dhabi Islamic Bank announced today that it will be postponing monthly repayment instalments for personal and auto finance customers…
2015 Sukuk Summit Honours Iconic Islamic Finance Industry Bodies
The 9th London Sukuk Summit Awards, which were held on the evening of the 3rd June at the Jumeirah Carlton…
Sharjah Islamic Bank Selects Finacle e-Banking and Mobile Banking Solutions to Provide Superior Channel Services
Infosys has announced that Sharjah Islamic Bank has selected Finacle e-Banking and Mobile Banking solutions to enhance customer service and…
Welcoming the golden age of the Islamic economy
As China embarks on its “one belt, one road” initiative, with President Xi concluding his visits to Egypt, Saudi, Pakistan…
Falcon Insurance plans to float initial public offering
Falcon Insurance, a subsidiary of Al Anwar Holding, plans to float an initial public offering on the Muscat Securities Market…
Islamic banking assets in the kingdom to hit $683 billion by 2019
As the global Islamic finance industry continues to experience double-digit growth in the coming years, Saudi Arabia will lead the…