Ibdar Bank net profit soars 200pc to $3m in Q1
Bahrain-based Ibdar Bank said that its financial results for the first quarter of the year was marked by strong performance…
Islamic Finance
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Warba Bank acquires Auto Finance portfolio from Al Mulla International Finance Company KSCC
Warba Bank, a leading Kuwaiti Islamic Bank, today announced that it has signed a binding agreement with Al Mulla International…
"aafaq Islamic Finance" wins 'Best Islamic Finance Company'
aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has been named as the…
Path Solutions wins prestigious ACQ5 Awards for second consecutive year
Path Solutions has again been honored with the ACQ5 Award as 'International Core Banking System Provider of the Year -…
QIB wins ‘Islamic Bank of the Year’ honour for Mideast, Qatar
Qatar Islamic Bank has been recognised as “Islamic Bank of the Year 2015” in the Middle East, and, for the…
Key CBB instrument bolsters bank push
The new Islamic Sukuk Liquidity Instrument (ISLI) introduced by the Central Bank of Bahrain (CBB) will play a vital role…
"aafaq Islamic Finance"signs strategic MoU with University of Bolton's Centre for Islamic Finance
Institute of Finance & Management subsidiary ofaafaq Islamic Finance, a leading provider of Islamic finance products and services in the…
Al Hilal Bank inaugurates new eco-friendly branch in Abu Dhabi’s iconic Masdar City
Al Hilal Bank has today (Tuesday, June 2, 2015) inaugurated its new branch in Masdar City, a mixed-use project being…
Noor Bank Supports Bonds, Loans and Sukuk Middle East 2015
Noor Bank is a leading supporter at the two-day 'Bonds, Loans and Sukuk Middle East 2015' that has converged bankers,…
ADIB chief urges UAE to widen provision of short-term liquidity to Islamic lenders
The chief executive of Abu Dhabi Islamic Bank has urged the Central Bank to broaden its provision of short-term liquidity…
Ibdar Bank announces USD 3 m profits for Q1/2015
Ibdar Bank ("Ibdar"), the Bahrain based wholesale Islamic investment bank, has announced its financial results for the first quarter of…
Indonesia, Turkey, IDB to form Islamic infrastructure bank
Indonesia is prepared to contribute at least $300 million to a new Islamic infrastructure bank that the Southeast Asian nation…