Islamic Finance

Islamic Finance

QDB organizes meetings between Qatari and Tunisian delegates to explore business opportunities

June 2, 2014

Qatar Development Bank, through its export arm Tasdeer, recently organized high-level meetings in Tunisia between Qatari and Tunisian delegates to…

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Islamic Finance

ICD signs a MoU with The Saudi Egyptian Business Council

June 1, 2014

The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group, and…

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Executive Moves

International law firm announces new hires to cater for the growth in Islamic economy

June 1, 2014

Charles Russell, an international law firm with offices in Bahrain and Qatar, has announced a number of appointments as part…

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Hedge Funds & Alternative Investments

Saudi mall owner Othaim plans debut local currency sukuk

June 1, 2014

Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, plans to issue…

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FinTech

Al Hilal Bank deploys award-winning Finacle e-banking solution

June 1, 2014

Al Hilal Bank, one of the fastest-growing banks in the UAE, has announced that it has successfully implemented the award-winning…

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FinTech

REDmoney Group, IDCORP launch pioneering new Islamic banking product

May 30, 2014

REDmoney Group, in collaboration with leading software solutions provider IDCORP, has unveiled the Islamic Banking Intelligence (IBI): a one-stop source…

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Financial Results

Moody’s affirmation reflects Int’l Islamic strength: CEO

May 29, 2014

International Islamic CEO Abdulbasit A al-Shaibei has said recent Moody’s recent affirmation of the bank ratings with a positive outlook…

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Islamic Finance

Al Baraka Islamic Bank launches key promotion

May 29, 2014

Al Baraka Islamic Bank has launched a new promotional campaign in collaboration with Harley-Davidson Motorcycle Bahrain.   Competitive financing profit,…

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Financial Results

Al Baraka eyes capital hike to expand Islamic financing

May 29, 2014

Al Baraka Bank Egypt, a joint-stock company, is seeking to increase its paid-up capital to EGP 1 billion (USD 140…

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Islamic Finance

Dubai Chamber identifies opportunities in Iraq’s Islamic finance sector

May 29, 2014

Dubai Chamber of Commerce and Industry urged Iraqi banks and financial companies to expand their networks within the Islamic economy…

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Executive Moves

AAOIFI's secretary general quits

May 29, 2014

H. E. Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman of Board of Trustees of Accounting and Auditing Organisation for Islamic…

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Awards and Recognition

NCR Corporation and Alizz Islamic Bank Win 'Best Branch Automation' Award

May 29, 2014

Alizz Islamic Bank SAOG, Oman's newest Islamic Bank, today announced that it has jointly won the "Best Branch Automation Project…

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