BMI Bank signs key agreement with firm
BMI Bank yesterday signed a strategic agreement with leading regional insurer Medgulf Allianz Takaful. Medgulf Allianz Takaful is a newly…
Islamic Finance
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Saudi lender introduces ‘new generation’ of Islamic banking services
In a recent forum, the bank's Shari’ah advisory board members and customers discuss with Saudi Hollandi executives ideas on how…
CBN role in Islamic Liquidity Management Corporation under scrutiny
The contribution of a membership fee of N875 million to the International Islamic Liquidity Management Corporation (IILM) by the Central…
Dubai Islamic opens learning centre
Dubai Islamic Bank (DIB) has announced the opening of its new learning and development centre that will help deliver the…
Deutsche names new Islamic finance officials
Deutsche Bank today announced the appointment of Salah Jaidah as Chairman of Islamic Finance and Ibrahim Qasim as Head of…
HSBC Amanah set to tap huge opportunities in the Middle East
In a recent interview with Gulf News, Razi Fakih, Deputy CEO of Global HSBC Amanah, said that about 80 per…
Call for unifying accounting standards in GCC
Central Bank of Oman Executive President Hamoud bin Sangour Al Zadjali on Sunday called on the Gulf Cooperation Council (GCC)…
Global banking giant set to tap huge opportunities in the Middle East
HSBC Amanah provides a full range of Islamic financial services to the retail, corporate and institutional customers in the Middle…
IDB chief urges EU not to repeat mistakes of the past
Ahmad Mohamed Ali, the president of the Islamic Development Bank (IDB), the multilateral development agency of the Muslim world, has…
‘Islamic finance Industry too Parochial and insular’
Governors of central banks and monetary authorities of the Organization of Islamic Cooperation (OIC) member countries, meeting at Sasana Kijang…
Mideast lender geared up to roll out Islamic banking products
Oman Arab Bank (OAB) is fully geared up to roll out Islamic banking products, once the regulatory framework is in…
Solum fund plans investment sukuk
British-based, syariah-compliant investment firm Solum Asset Management will launch the first "investment sukuk" in the first quarter of next year,…