Allen & Overy advises HSBC on first ever Saudi domestic Sukuk programme
Allen & Overy has successfully advised HSBC Saudi Arabia Limited (HSBC) as arranger and dealer on the establishment of Saudi…
Islamic Finance
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Oman-based Bank Nizwa to install Path Solutions’ iMAL
Bank Nizwa, with headquarters in the Sultanate of Oman announced today that it has selected Path Solutions’ iMAL for its…
Bloomberg Brief Launches Islamic Finance Weekly
Bloomberg Brief launches its Islamic Finance weekly newsletter, which gives global investors and financial advisors critical data and analytics to…
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…
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…