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…
Islamic Finance
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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…
Hamdan launches Dubai Islamic Banking and Finance Centre
Initiative part of efforts to make Dubai the world's capital of Islamic economy Shaikh Hamdan Bin Mohammad Bin Rashid…
Al Hilal Islamic Banking services join hands with Bank Nizwa
Oman’s first Islamic bank, Bank Nizwa and Al Hilal Islamic Banking Services from Ahli Bank, have entered into a Wakala…
Takeover deadline extended for Islamic Bank
Deadlines for Masraf, the biggest Islamic bank in Qatar, to announce a firm intention to make an offer for Islamic…
AUBK posts net profit of KD 23.2
Ahli United Bank Kuwait reported net profits of KD 23.2 million in the first half of 2013, i.e. an…
Dubai Islamic Bank appoints new Managing director, CEO
Dubai Islamic Bank announced the appointment of Abdulla Al Hamli as the Managing Director and board member for the bank.…
Rakbank report 14.18% gain in net income
For the half year ended 30th June 2013, the Rakbank has announced an AED760.1m net profit, reflecting a 13.7% increase…
Boubyan Bank profits rise to KWD 6.3m in H1
Boubyan Bank reported a net profit of KD 6.3 million for the first half of 2013 growing by 20…