ADIB CEO is named banker of the year
Abu Dhabi Islamic Bank (ADIB) chief executive Tirad Mahmoud was named the WIBC 2011 Islamic Banker of the Year at…
Islamic Finance
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IDB to help build sustainable Islamic finance
The Islamic Development Bank (IDB)Group will continue assisting in building a sustainable Islamic financial system and sound regulatory framework both…
Thomson Reuters Launches World's First Islamic Interbank Rate
Thomson Reuters today launched the world's first Islamic finance benchmark rate, designed to provide an objective and dedicated indicator for…
Islamic banks object to new lending law
Islamic banks operating in the UAE have objected to new lending rules enforced by the Central Bank early this year…
DIB's Islamic consultancy unit bags industry recognition
Dubai Islamic Bank (DIB) announced today that its Sharia consultancy subsidiary, Dar Al Sharia Legal & Financial Consultancy LLC, has…
ICD poised to boost activity
In the wake of the impact of the continuing global financial crisis, the euro zone debt crisis and the so-called…
Top Mideast banks to wed operations
An operational merger of Dubai Bank and Emirates Islamic Bank (EIB), two Islamic banking entities owned by Emirates NBD, is…
Ajman Bank appoints Head of Branches
Ajman Bank has announced the appointment of Marwan Ibrahim Al Zarooni as Vice President - Head of Branches in the…
Abu Dhabi Commercial Bank plans benchmark dollar sukuk – leads
ADCB has picked itself as well as Bank of America, J.P. Morgan Chase and Standard Charered as joint lead arrangers…
So you thought bank CEOs are highest paid? There are others, say experts
CEOs may get $700,000 plus bonuses but Shariah board members, economists, asset managers...get a better deal It's no surprise that…
Ithmaar Bank posts profit of $2.7 million
Bahrain-based Ithmaar Bank posted a profit of $2.7 million for the first nine months of the year in spite of…
French Islamic finance in focus at key forum
The 18th annual World Islamic Banking Conference (WIBC 2011) will feature a key session on "Islamic Finance New Developments in…