Al Baraka announced net profit of $67 million for Q1 2014
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced a net profit of $67 million for…
Islamic Finance
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Sharjah Islamic Bank joins NASDAQ Dubai Murabaha Platform for Islamic financing
SIB is the first bank to join the facility since the official launch of the NASDAQ Dubai Murabaha Platform last…
Maisarah Islamic Banking launches property finance
Maisarah Islamic Banking Services, the Islamic Window of Bank Dhofar continues to expand its customer reach in the area of…
BLME Holdings reports net fee income of GBP 1.45 million for Q1 2014
BLME Holdings plc today issues its Interim Management Statement relating to the first quarter from 1st January 2014 to 31st…
Bahrain Islamic Bank realises BHD 2.5 million as net profit for Q1 2014
In a Press Release issued by the Bank yesterday, Mr. Abdul Razak Abdulla Hassan Al Qassim – Chairman of the…
RakBank Honoured with Two Prominent Awards by The Asian Banker
RAKBANK Wins Best Internet Banking Initiative Award in the Middle East for 2014&Best Core Banking Implementation Award in the Middle…
Path Solutions recognized Best Islamic Banking Systems Provider in 2014 by World Finance
Path Solutions, the global application software and services firm for the Islamic financial services industry, today announced that it has…
Global sukuk issuance hit USD 13.4 billion in April
Kuwait Finance House (KFH) announced on Friday(May 9th) the global primary sukuk market has begun 2Q 2014 on a solid…
Winners of The 2014 IDB Prize in Islamic Banking and Finance announced
The Islamic Development Bank has announced Shaikh Muhammad Taqi Usmani from Pakistan and Professor Dr. Rodney Wilson from the United…
Turkey's Albaraka bank mandates banks for maximum $500 mln sukuk issue
Turkish participation bank Albaraka, owned by Bahrain-based Islamic lender Al Baraka, mandated banks for a sukuk issue worth maximum $500…
NCB Capital successfully closes subscriptions to AlAhli SEDCO Residential Development Fund
NCB Capital, the GCC’s leading provider of wealth management services and Saudi Arabia's largest asset manager, has announced that it…
Tajweez Advisory Launches Islamic Finance Leadership Academy
IFLA is described as an e-learning platform where Islamic Finance enthusiasts study to become incredibly knowledgeable, skillful, and confident leaders.…