Islamic Finance Archives - Page 435 of 503 - Managers of Wealth Middle East

Al Hilal Bank successfully deploys advanced ETHIX-PCD Islamic banking technology

August 5, 2013

Al Hilal Bank has announced that it has successfully deployed the ETHIX-Profit Computation and Distribution (PCD) Islamic banking system from…

Financial Results

LMC Posts Net Profit Of $2.18 Million

August 4, 2013

Emad Al-Monayea, Chairman of the Board of Directors and Ahmed Abbas, Chief Executive Officer of Liquidity Management Centre are pleased…

Financial Results

Dubai Islamic Bank Group first half 2013 net profit up by 25% to Dhs739m

July 31, 2013

Dubai Islamic Bank Group today announced its financial results for the first half of 2013, demonstrating a strong performance…

Islamic Finance

Noor Islamic Bank CEO calls for global Islamic regulator

July 30, 2013

Standardisation of the regulations governing Islamic finance is a must to ensure the globalisation of Islamic finance, according to…

Hedge Funds & Alternative Investments

DMCC to fund world's tallest office tower with sukuk

July 29, 2013

Dubai will finance the world's tallest office tower with Islamic debt as the Arabian Gulf business hub steps up sukuk…

Awards and Recognition

Barwa Bank Wins Four Financial Awards

July 29, 2013

Barwa Bank, which provides a full range of Shari'ah compliant banking services including retail, corporate and commercial banking, real estate…

FinTech

Al Hilal Bank successfully deploys advanced ETHIX-PCD Islamic banking technology

July 28, 2013

Al Hilal Bank has announced that it has successfully deployed the ETHIX-Profit Computation and Distribution Islamic banking system from International…

Islamic Finance

Saudi's Sedco to distribute Islamic funds via private banks

July 28, 2013

Jeddah-based investment firm Sedco Capital plans to register its Islamic funds in Switzerland and distribute them through tie-ups with global…

Financial Results

Jordan Islamic Bank Q2 net profit up 21 pct

July 28, 2013

The largest and oldest of the four Islamic banks operating in Jordan reported a profit of 14.7 million dinars ($20.1…

Investment Banking

Bank Nizwa gets permit for investment banking

July 27, 2013

MUSCAT Bank Nizwa, the Sultanate’s first full-fledged Islamic bank, has received an investment banking licence that will allow it to…

Awards and Recognition

Alkhabeer Capital named Best Islamic Fund Manager

July 27, 2013

Alkhabeer Capital has has been awarded the Best Islamic Fund Manager accolade at the Banker Middle East Industry Awards. …

Financial Results

Faisal Islamic Bank of Egypt profits leap

July 27, 2013

The Faisal Islamic Bank of Egypt stated that its profits for the first half of the current fiscal year…

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