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…
Islamic Finance
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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…
Bank Nizwa gets permit for investment banking
MUSCAT Bank Nizwa, the Sultanate’s first full-fledged Islamic bank, has received an investment banking licence that will allow it to…
Alkhabeer Capital named Best Islamic Fund Manager
Alkhabeer Capital has has been awarded the Best Islamic Fund Manager accolade at the Banker Middle East Industry Awards. …
Faisal Islamic Bank of Egypt profits leap
The Faisal Islamic Bank of Egypt stated that its profits for the first half of the current fiscal year…
Oman's Bank Nizwa obtains investment banking licence
Bank Nizwa, Oman's first full-fledged Islamic bank, has received an investment banking licence that will allow it to manage…
Dubai Crown Prince launches Islamic banking centre
H. H. Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and…
Maybank Islamic aims to expand to all Asean countries
Maybank Islamic Bhd, the Islamic banking arm of Malayan Banking Bhd aims to expand to all Asean member countries that…
Masraf Al Rayan H1 profit jumps 13.2%
Masraf Al Rayan, one of the leading Islamic banks in Qatar, has reported a net profit of QR821mn in…
Emirates Islamic Bank appoints Head of Corporate Banking
Emirates Islamic Bank have announced the appointment of Yakub Bobat as its Head of Corporate Banking. Bobat will be focused…