Bank Nizwa’s CEO appointed
Following Central Bank of Oman (CBO) formal approval to his appointment Bank Nizwa, Oman’s first Islamic bank, announced Dr Jamil…
Islamic Finance
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Al-Rajhi MENA Dividend Growth Fund launched
Al-Rajhi Capital, the investment-banking subsidiary of Al-Rajhi Bank, announced yesterday the launch of the Al-Rajhi MENA Dividend Growth Fund. The…
QIB wins top award again
Qatar Islamic Bank (QIB) has been named for the second consecutive year as the 'Best Islamic Bank in Qatar' for…
Dubai Islamic Bank wins three Islamic Finance News awards
Dubai Islamic Bank (DIB) announced today that it has won three awards at the prestigious Islamic Finance News Awards hosted…
NBD Islamic finance portfolio grows 24 per cent in 2011
Nevine Loutfy, Managing Director and CEO of NBD, said, "Throughout the past year the bank achieved solid growth in order…
Deutsche Bank Recognized As Best Islamic Trustee / Custodian
Deutsche Bank has announced Islamic Finance News has recently recognized the Bank as Best Islamic Trustee / Custodian in its…
DIFC Investments Said to Seek $1 Billion Loan to Repay Sukuk
DIFC Investments LLC, which owns properties in Dubai’s tax-free financial center, started talks with banks for a loan to help…
Al Baraka Islamic Bank net income hits $2.5m
Al Baraka Islamic Bank saw net income reach BD978,000 ($2.5m) in 2011 compared to BD1.75 million in 2010. This drop…
BankMuscat’s Meethaq wins Best in Oman award
BankMuscat’s Meethaq Islamic Banking operations, subject to approval from the Central Bank of Oman (CBO), won the Best in Oman…
Global Takaful industry set to hit $25bn mark
Leading industry players, thought leaders and key regulators in the international Takaful (Islamic insurance) industry will take part in the…
Bank Sohar brings in Dar Al Sharia to help launch Islamic window
Bank Sohar has entered into an agreement with Dar al Sharia Legal & Financial Consultancy of Dubai, to help it…
Bank Nizwa heralds new era for banking in Oman
Bank Nizwa launched its brand-mark today and moved towards the establishment of the first Islamic Bank within the country. The…