Islamic Finance Archives - Page 378 of 504 - Managers of Wealth Middle East

Tharawat Investment House integrates Shariyah review bureau to manage Shari'a supervisory board role

July 7, 2014

Tharawat, a Bahraini based Islamic Investment firm with prime focus on industrial, agricultural, and services sectors today announces the assigning…

Islamic Finance

Islamic banks drop ‘Islam’

July 6, 2014

Islamic banking is based on core principles of the religion. So it is striking that some banks are removing…

Islamic Finance

DIFC favours single Sharia board for all institutions

July 6, 2014

The DIFC is considering creating a single centralised Sharia board for the DIFC, in order to widen the acceptability of…

Islamic Finance

What's in a name? Islamic banking rebrands in attempt to go mainstream

July 3, 2014

Islamic banking is based on core principles of the religion. So it is striking that some banks are removing the…

Hedge Funds & Alternative Investments

Bill Gates partners with Jeddah bank for $2.5bn fund

July 3, 2014

Microsoft chairman and founder Bill Gates has partnered with the Jeddah-based Islamic Development Bank (IDB) to set up a $2.5bn…

Islamic Finance

Aseel Islamic Finance launches Business Finance solution for SMEs

July 3, 2014

The new product will support small businesses in managing their cash flow efficiently and give them the freedom to take…

Islamic Finance

Pro-Gülen Islamic lender denies ending sales talks with Qatari bank

July 3, 2014

Turkish Islamic lender Bank Asya, which has been the subject of focus due to its owner’s known links with Islamic…

Executive Moves

Noor Bank announces new Head of Marketing and Corporate Communication

July 3, 2014

Noor Bank has announced the appointment of Paul Mampilli as Head of Marketing and Corporate Communication. In his role, Paul…

Islamic Finance

New product launched by KFH-Bahrain

July 2, 2014

Kuwait Finance House - Bahrain yesterday announced the launch of a new personal financing product based on a Sharia compliant…

Islamic Finance

Al Hilal Bank offers USD500m additional Tier 1 sukuk capital

July 2, 2014

Al Hilal Bank has successfully priced USD 500 million Perpetual Additional Tier 1 sukuk certificates, marking the first Tier 1…

Hedge Funds & Alternative Investments

Saudi bank launches USD2bn infrastructure fund

July 2, 2014

Saudi Arabia-based Islamic Development Bank has launched a USD2bn infrastructure fund that aims to invest in projects across the Muslim…

Islamic Finance

Key Turkey fund setback for Ithmaar Bank

July 1, 2014

Bahrain-based Islamic retail bank Ithmaar Bank has announced that its Shamil Bosphorus Modaraba fund would not achieve its investment objectives…

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