Alpen Capital to offer Islamic advisory services
Alpen Capital LLC, Oman has received approvals from the Capital Market Authority, Sultanate of Oman to provide advisory services in…
Islamic Finance
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Alpen Capital gets ok for Islamic services in Oman
Investment bank Alpen Capital has gotten approval to become the first firm to offer Islamic advisory services in Oman, the…
Hawkamah and ICLIF sign MoU for partnership
Dubai-based Hawkamah Institute for Corporate Governance, its sister institute Mudara Institute of Directors and the Kuala Lumpur-based ICLIF Leadership and…
Global financial turmoil casts shadow over recovery of sukuk market
The cost of insuring Islamic bonds has risen to a six-week high as global financial turmoil threatens a regional recovery…
Islamic finance industry needs consolidation
One of the most overused words in Islamic finance is consolidation. Islamic banks, leasing companies and Takaful companies need to…
BankMuscat gears up for Islamic banking
BankMuscat, the Sultanate' biggest bank, is fully geared to roll out Islamic banking products, once the regulatory framework is in…
Al Baraka’s H1 income surges 15pc to $353m
After deducting all operating expenses, net operating income was up 13 per cent to $170m. The net income…
Abu Dhabi Islamic Bank and UAE Exchange partner for card payments
UAE Exchange has a wide network of branches across the UAE at which ADIB Covered Cardholders can…
Abu Dhabi Islamic Bank posts 5% net profit increase
Abu Dhabi Islamic Bank (ADIB) posted a record net profit of AED 316.6 million for Q2 2011, an increase of…
Bahrain Islamic Bank, Al Salam eye $4.5 bln merger
Bahrain Islamic Bank and Al Salam Bank are in merger talks to form the Gulf Arab state's largest Islamic lender…
The holy Month of Ramadan is a time for clever marketing in UAE banks and in the Islamic banks in general
During the Holy Month of Ramadan, Islamic banks traditionally re-focus on their Corporate Social Responsibility (CSR) programmes and get into…
ABC Islamic Bank announces 264% increase in half-year profit to US$5.1 million
Net profit for the second quarter was $2.1 million compared to $3.0 million in the first quarter. Total income…