Barwa Bank Wins Multiple Awards
Barwa Bank has been named the winner of Global Banking and Finance Review Awards 2013, for "Fastest Growing Islamic Bank",…
Islamic Finance
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Jordan Islamic Bank posts net profits of $34.70 million for H1 2013
Jordan Islamic Bank (JIB) recorded net profits after tax of $34.70 million till 30/6/2013, compared to $26.80 million of the…
Russia welcomes money from Muslim investors
The Tatarstan Investment Development Agency (TIDA), in conjunction with the Thomson Reuters Agency, has developed a five-year plan for the…
Ithmaar Bank Revamps Management Structure
Ithmaar Bank has unveiled a major shake-up of its senior management structure. Acting chief executive Ahmed Abdul Rahim yesterday…
Islamic Pensions Make Inroads Among Asset Managers
Islamic pensions are making inroads in several majority-Muslim countries, and their success may help the growth of asset management industries…
Alizz Islamic Bank Appoints Chief Financial Officer
Alizz Islamic Bank has appointed Saif Al Yarubi as the bank's Chief Financial Officer (CFO). An Omani national, Mr Al…
Meethaq signs deal with Path Solutions
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has signed an agreement with Path Solutions, global vendor…
Maisarah: Pioneers of Islamic priority banking services in the Sultanate
Maisarah, Islamic window of BankDhofar announced the launch of the Sultanate’s pioneering Sharia compliant priority banking services, becoming the first…
Ithmaar announces key appointments
Ithmaar Bank, a Bahrain-based licensed Islamic retail lender, has announced a major revamp in the organisation with the appointment of…
Al Baraka Islamic Bank launches key survey
Al Baraka Islamic Bank, a subsidiary of Al Baraka Banking Group, announced it has begun a customer satisfaction survey. Being…
SocGen Avoiding Goldman Missteps With $300m Sukuk Plan
Goldman Sachs tried to follow HSBC in late 2011 with a $2 billion sukuk programme, but Islamic scholars and analysts…
Islamic finance may reconstruct MidEast
President of the Global University for Islamic Finance Daud Vicary Abdullah has said, "I don't think [the crisis] will make…