Gulf Islamic banks ready to step in as HSBC pulls back
Four days after HSBC Holdings said it would shrink its global Islamic banking operations, National Bank of Abu Dhabi revealed…
Islamic Finance
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Jordan Islamic Bank reports increased profits
the financial statements of Jordan Islamic Bank (JIB) indicated a continuation in profits' growth till 30/9/2012. The Bank's net profits…
World Bank, IDB sign Islamic finance agreement
The World Bank and the Jeddah-based Islamic Development Bank ISDBA.UL (IDB) have signed a three-year agreement to share expertise in…
A Turkey-Pakistan alliance for Islamic banking
Turkey is on track to becoming the next hub for Islamic banking and finance. Given the Ottoman legacy, the last…
Islamic Bank takeover on verge of collapse as fresh suitor emerges
THE proposed takeover of the Birmingham-based Islamic Bank of Britain by its major shareholder, Qatar International Islamic Bank, is on…
IIRA reaffirms credit ratings of Bahrain Islamic Bank and assigns fiduciary score
Islamic International Rating Agency (IIRA) has reaffirmed ratings of Bahrain Islamic Bank (BIsB or 'the bank') at BBB (Triple…
First of its kind augmented reality banking app announced by Noor Islamic Bank
Noor Islamic Bank has announced its new augmented reality 'Bank In Your Hand' smartphone and tablet app, the first of…
QIIB issues $700 million Sukuk
Qatar International Islamic Bank (QIIB) will issue a $700 million sukuk on Thursday, arranging banks said, and has revised…
Gulf Finance House to build financial centre in Tunis
A high profile delegation from Gulf Finance House, the Bahrain-based Islamic Investment Bank, comprising Hisham Alrayes, acting chief executive officer…
Dubai's financial center blossoms after management shake-up
Although the Dubai International Financial Center (DIFC) just digested a major management shakeup, the free zone for banking and finance…
QFC Regulatory Authority issues proposals relating to the QFC Islamic finance regime
The QFC Regulatory Authority has released a consultation paper relating to the Regulatory Authority's Islamic finance regime. This consultation paper…
Barclays Weighs Islamic Finance Products in Egypt
Barclays Bank Egypt SAE is considering entering the Islamic banking market in the country and lending more to small and…