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…
Islamic Finance
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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…
UAE bankers embrace Dubai's Islamic vision
Dubai's bid to build a global capital for Islamic industries has excited the financial industry, but bankers say succeeding where…
BankMuscat Gets Oman Islamic Banking License as Industry Grows
BankMuscat SAOG, Oman’s biggest bank by assets, received a license to offer services complying with Shariah as it seeks to…
USD 131 billion total issuance of Sukuk in 2012 – RESEARCH
KFH-Research issued a report that revealed that total Sukuk issuance by end of 2012 reached USD 131 billion with 54%…
Oman: Regulating Islamic finance
In a statement accompanying the regulations, the Central Bank of Oman (CBO) described the IBRF as "a detailed and comprehensive…