IMF sees gaps limiting growth of Islamic banking
Islamic banks have yet to devise strategies for attracting large swathes of the global Muslim population, limiting the industry’s prospects,…
Islamic Finance
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Oman's Bank Nizwa aims for 2015 merger with United Finance Co
Omani Islamic lender Bank Nizwa hopes to complete a merger with United Finance Co in 2015 as it aims for…
Al Baraka Banking Group plans to issue Sukuk in Jordan
Al Baraka Banking Group’s 66.01 per cent-owned subsidiary Jordan Islamic Bank is the oldest of the four Islamic banks in…
Al Baraka Bank plans subordinated sukuk in Jordan
Bahrain-based Al Baraka Banking Group is planning on issuing its first Islamic bonds, or sukuk, for its Jordanian unit later…
Fitch: NBK measures up to regional banks
In its report published today, Fitch Ratings said: “It is difficult to compare NBK with domestic peers, due to the…
Oman’s United Finance says agrees in principle to Bank Nizwa merger
Oman’s United Finance Co has agreed in principle to merge with Islamic lender Bank Nizwa, the financial firm said on…
Fitch Appoints Global Head of Islamic Finance Group
Fitch Ratings today announces the appointment of Bashar Al Natoor as Global Head of Islamic Finance, based in Dubai. In…
Oman's United Finance says agrees in principle to Bank Nizwa merger
Oman's United Finance Co has agreed in principle to merge with Islamic lender Bank Nizwa , the financial firm said…
Noor Trade to expand its network and double its team this year
Noor Trade, Sharia compliant banking service from Noor Bank for small and medium enterprises (SMEs) is fast expanding its reach…
Bank of Sharjah post Dh286 million net profits
Bank of Sharjah on Sunday reported a net profit of Dh286 million net profits for 2014, down 19 per cent…
QIB Wins Banker Middle East's "Best Treasury Products Management" Award
This award came under the Banker Middle East's category of "Quest for excellence". The Banker Middle East Qatar Product Awards…
Bahrain Islamic Bank (BisB) realizes BD 9.3 million net profit
BisB announced that it has realized BD 9.3 million as net profit for the year ended on 31st December 2014,…