Doha Bank’s Mumbai branch operations set for launch today
Doha Bank, one of Qatar’s leading banking services providers, is all set to begin its Indian operations from Mumbai, the…
Islamic Finance
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QIIB goes live on Oracle Exadata
QIIB, one of the prominent Islamic banks in the Middle East region, has gone live with the Oracle Exadata, …
Kuveyt Turk sells debut ringgit sukuk, applies for 1 bln lira deal
Turkish participation bank Kuveyt Turk has sold a debut deal of ringgit-denominated sukuk, or Islamic bonds, and has applied for…
IDB Expert Group Meeting discusses trade dynamics
The Islamic Development Bank is holding a two-day Expert Group Meeting on “The Role of Intra-Regional Trade in Strengthening Regional…
Gatehouse Bank completes £17.92 million financing of UK industrial estate
Gatehouse Bank has announced the completion of terms to provide £17.92 million of senior financing following the recent acquisition of…
DIB offers UAE Nationals career opportunities in Islamic banking at the “Careers UAE 2015”
Dubai Islamic Bank, the largest Islamic Bank in the UAE, reiterates its support for Emiratisation through its participation at the…
Some banks win, some lose in Dubai’s ‘Islamic economy’
Dubai’s drive to develop its Islamic finance sector is fuelling growth of sharia-compliant banking but the benefits are unevenly distributed,…
EIIB-Rasmala announces results for 2014
European Islamic Investment Bank plc, the London-listed asset management and financing group focused on the growth markets of the Gulf…
Bank Asya bonds languish even as control bets lift shares
Speculation that the Turkish government may be closer to relinquishing control of Bank Asya has stoked its stock to a…
Islamic banking industry in KSA set to reach $683 billion by 2019
The Islamic banking industry in Saudi Arabia is set to achieve $683 billion of Shariah-compliant assets by 2019, according to…
Saudi Arabia largest Islamic banking market in the world
The Islamic banking industry in the Kingdom of Saudi Arabia (KSA) is set to achieve $683 billion of Shariah-compliant assets…
Saudi’s Itqan Capital To Add Brokerage, PE Fund To Services
Saudi Arabia’s Itqan Capital, an Islamic investment firm, plans to develop a sharia-compliant brokerage arm and is nearing the launch…