National Bank of Bahrain, SIO Asset Management complete purchase of Bahrain Islamic Bank shares
National Bank of Bahrain and SIO Asset Management Company have announced that they have completed the purchase of…
Islamic Finance
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Jordan's appetite for Islamic banking
Sami Al Afghani, CEO of Jordan Dubai Islamic Bank talks to Banker Middle East about the growing interest towards…
Britain's BLME eyes 15 pct asset growth, stronger Gulf ties – CEO
The Bank of London and The Middle East (BLME), Britain's largest standalone Islamic bank, is targeting 15 percent growth in…
BLME to open office in Dubai
The UK’s Bank of London and the Middle East plans to open an office in Dubai as its assets grow…
Noor Islamic Bank launches reality mobile banking app
Noor Islamic Bank’s augmented reality ‘Bank in Your Hand’ smartphone and tablet application is now available for download from Apple’s…
Jordan Islamic Bank financial results
Board of directors of Jordan Islamic Bank that is represented by Mr. Adnan Ahmad Yousif, Chairman of the Board of…
International Bank (Bahrain) reports USD 1.8 in net profit for Q1, 2013
The International Bank's CEO, Dr. Zakariya Higris, in a statement published today said that these profits reflect the Bank's strategy…
KFH awarded Best Islamic Bank in Kuwait, Middle East
EmeaFinance magazine awarded Kuwait Finance House (KFH), the biggest and most trusted Islamic bank in the world, the Best Islamic…
Oman's first Mena-focused Islamic fund to be launched next week
Al Hilal Mena Fund, an open-ended fund based on Mudaraba structure, operating in accordance to the principals of Sharia is…
Ithmaar swings to $1.4m Q1 profit
The Islamic lender pointed out that its net income before provisions for impairment and overseas taxation had increased by 31…
Barwa Bank’s The First Investor GCC Equity Opportunities Fund (Q) AUM reach QAR 100 million
At the end of April 2013, the assets under management of Barwa Bank’s first equity fund reached QAR 100 million…
Gulf Finance House net profit rises 50 percent
Gulf Finance House, the Bahrain based Islamic investment bank, has announced its financial results for the first quarter ended March…