Gatehouse bank acquires major oil and gas HQ offices in Scotland
Gatehouse Bank has completed the multi-million pound acquisition of the Bridge View and Consort House in Aberdeen to provide a…
Islamic Finance
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Emirates NBD named 'Best Islamic Wealth Management Service Provider'
Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, has announced Monday that it received the award…
Bank Sohar Selects Path's iMal System
Bank Sohar has announced that they have inked pact at a signing ceremony in Muscat, Oman. As per…
Standard Chartered launches Islamic wealth product range aimed at HNWIs
Standard Chartered Private Bank has launched a suite of Islamic wealth management products aimed at high net worth clients across…
Turkey to mandate banks for sukuk sale -sources
Turkey is set to mandate HSBC, Citi and Deutsche Bank to manage the sale of its first sukuk, or Islamic…
South Africa poised to launch debut Islamic bond
South Africa is preparing to launch sub-Saharan Africa's first Islamic bond, paving the way for issues by other countries in…
UAE's Emirates Islamic Bank prices $500 mln sukuk
Emirates Islamic Bank, the sharia-compliant arm of Dubai's largest lender Emirates NBD , priced a $500 million sukuk on Wednesday,…
Islamic finance to be probed
There is no doubt that Islamic finance is maturing into a global phenomenon with increasing appetite for Islamic instruments and…
Emirates Islamic Bank eyes $500 mln sukuk; strong demand seen
Emirates Islamic Bank, the sharia-compliant arm of Dubai lender Emirates NBD, has set final guidance for its $500 million sukuk,…
3 Islamic investment banks in Bahrain plan merger
Three Islamic investment banks in Bahrain said Sunday they have agreed to merge to better compete in a fragmented market.…
HSBC Holdings is the only UK bank remaining in the global top-ten for tier-1 capital strength
UK banks continue to lose ground in terms of international strength and stature. Against a backcloth of surging competition from…
Islamic Finance Set To Reach US$5 Trillion By 2016
The global Islamic finance and banking sector is pegged at US$1 trillion with an estimated growth rate that is four…