Tamweel completes repayment of $300m Sukuk
Tamweel PJSC, the UAE Islamic home finance provider, announced that it has repaid in full a $300m five-year Sukuk, which…
Islamic Finance
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DFM invites experts to counsel on its 'Standard for Issuing, Acquiring and Trading Sukuk'
It had been reported that Dubai Financial Market launched the draft of its 'Standard for Issuing, Acquiring, Trading Sukuk' on…
East outperforming West in Islamic finance
While lenders in the United States and Europe have downsized their exposure in banking in compliance with Islamic law, Islamic…
Borse Dubai ready to build on new wave of sukuk activity
Essa Kazim, the chairman of Borse Dubai, which owns the emirate's biggest financial markets, is looking forward to a wave…
Kuwait- Boubyan Bank Reports KD 10 Mln Net Profit In 2012
Boubyan Bank announced a net profit of KD 10 million, growing by 25% compared to year 2011 at earnings per…
Tamweel net profit drops 29%
Posts Dh72 million profit in 2012 due to higher provisions Tamweel , the UAE Islamic home finance provider, net profit…
JP Morgan hires ex-UBS banker as global Islamic head
J P Morgan has announced the appointment of Hussein Hassan as global head of its Islamic Finance practice. Hassan will…
Deutsche Bank recognized by Islamic Finance news
Deutsche Bank announced that is has been recognized by Islamic Finance news as the Best Islamic Trustee/Custodian 2012. In addition,…
NBO launches Muzn Islamic banking operations
National Bank of Oman opened its Muzn Pure Islamic banking branch to customers on Wednesday. The bank in a statement…
RAKBANK launches Islamic banking
RAKBANK, the retail and small business bank in the UAE, is starting 2013 with the launch of its new Islamic…
NBO — the first conventional bank to launch Islamic banking services
Pure Islamic Banking is now open for you — MUSCAT — National Bank of Oman (NBO) has received the final…
Al Rajhi Bank opens new banking portal with support from Thales and Backbase
Al Rajhi Bank has launched a new innovative online banking portal to provide its customers with a modern internet banking…