Noor Islamic Bank posts half year net profit
Noor Islamic Bank announced its half year net profit of Dhs100m, compared with Dhs75.5m, at December 31, 2012. This…
Islamic Finance
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Seera's net income reaches $5.1 million
Bahrain-based Seera Investment Bank yesterday announced a strong start to the year. The Islamic bank reported a net income of…
GFH posts net profit of $4.2m
Gulf Finance House he Bahrain-based Islamic investment bank reported a net profit of $4.2 million for the first half of…
Al Hilal Bank successfully deploys advanced ETHIX-PCD Islamic banking technology
Al Hilal Bank has announced that it has successfully deployed the ETHIX-Profit Computation and Distribution (PCD) Islamic banking system from…
LMC Posts Net Profit Of $2.18 Million
Emad Al-Monayea, Chairman of the Board of Directors and Ahmed Abbas, Chief Executive Officer of Liquidity Management Centre are pleased…
Dubai Islamic Bank Group first half 2013 net profit up by 25% to Dhs739m
Dubai Islamic Bank Group today announced its financial results for the first half of 2013, demonstrating a strong performance…
Noor Islamic Bank CEO calls for global Islamic regulator
Standardisation of the regulations governing Islamic finance is a must to ensure the globalisation of Islamic finance, according to…
DMCC to fund world's tallest office tower with sukuk
Dubai will finance the world's tallest office tower with Islamic debt as the Arabian Gulf business hub steps up sukuk…
Barwa Bank Wins Four Financial Awards
Barwa Bank, which provides a full range of Shari'ah compliant banking services including retail, corporate and commercial banking, real estate…
Al Hilal Bank successfully deploys advanced ETHIX-PCD Islamic banking technology
Al Hilal Bank has announced that it has successfully deployed the ETHIX-Profit Computation and Distribution Islamic banking system from International…
Saudi's Sedco to distribute Islamic funds via private banks
Jeddah-based investment firm Sedco Capital plans to register its Islamic funds in Switzerland and distribute them through tie-ups with global…
Jordan Islamic Bank Q2 net profit up 21 pct
The largest and oldest of the four Islamic banks operating in Jordan reported a profit of 14.7 million dinars ($20.1…