Stanchart says committed to Islamic banking after head of unit exits
Standard Chartered remains committed to Islamic banking and expects growth in its core markets, a spokesman for the lender said…
Islamic Finance
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Islamic banking assets gaining bigger share of global banking
By 2019, participation banking assets with commercial banks in Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey are expected to…
Bank Nizwa poised for growth; loss decreases by 37%
Bank Nizwa held its Annual General Meeting (AGM) here where Sayyid Amjad bin Mohammed al Busaidi, chairman of the bank,…
BLME Holdings announces change to the Board of Directors
BLME Holdings has announced that Humphrey Percy will stand down from his position as Chief Executive Officer of the Boards…
Oxford Business Group launches 2015 economic report on Dubai
Dubai's recovery from the global financial crisis of the late 2000s and its preparations for the 2020 Expo are just…
Noor Bank Annual Profit Jumps to Record
Noor Bank has reported a record net profit of AED678.1 million for 2014, marking a 166% from the year ended…
Jordan Islamic Bank posts net profit of $63.6m
Jordan Islamic Bank, a subsidiary of Bahrain-based Al Baraka Banking Corp, reported 2014 net profit of BD45.1 million ($63.6 million),…
Egypt's Arab Investment Bank and IDB unit launch leasing firm
The Islamic Corporation for the Development of the Private Sector, the private sector arm of the Islamic Development Bank Group,…
Un-Islamic clients of Islamic banks
International and national studies indicate that corruption is very common in Turkey. A social reflection of that issue is the…
Warba Bank participates in US $ 155 million syndicated Facility for UAE's Ajman Bank
Warba Bank has announced it provided US $ 25 million as part of a US $ 155 million Syndicated Islamic…
KFH-Bahrain Sells 3100 Residential Units from Diyar Al-Muharrq to Ministry of Housing for BD 276 mln
Diyar Al-Muharraq, a subsidiary of Kuwait Finance House Bahrain, and the Ministry of Housing signed a major agreement, under which…
Islamic banking assets to exceed $778 billion
According to EY's World Islamic Banking Competitiveness Report 2014-15: Participation Banking 2.0, Islamic banking assets with commercial banks in international…