Abu Dhabi Islamic Bank gets approval to operate in Qatar
Abu Dhabi Islamic Bank has received approval from the Qatar regulator to open an Islamic branch in the wealthy Gulf…
Islamic Finance
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Oman's first Islamic bank may open by end-2011
Oman's first standalone Islamic bank, Bank Nizwa, may open its doors by the end of the year or early 2012,…
NBD offers new Sharia-compliant financing
Egypt’s National Bank for Development (NDB), in collaboration with Abu Dhabi Islamic Bank (ADIB), launched a new Sharia-compliant service that…
Qatar or Bahrain to be Islamic megabank base
A long-touted $3bn Islamic megabank is more likely to be established in Bahrain although a final decision has not yet…
The National Bank of Abu Dhabi and Abu Dhabi Islamic Ban execute first Islamic REPO
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, and Abu Dhabi Islamic Bank (ADIB),…
3i Infotech retains Best Takaful technology Company award
Global financial technology solutions and services provider, 3i Infotech has been awarded “Best Takaful Technology Company” at the 5th International…
MILLIONAIRE ARABS SNUB PARIS AND FLOCK TO UK
WEALTHY Muslim shoppers are splashing the cash in Britain after the French burka ban. They are snubbing Paris and flocking…
It Pays to be Social
When the Internet first started to take off, senior business people anguished over how best to leverage this new media.…
Saudi Arabian wealth management giant charges forth with Shari'ah funds
Saudi Arabian wealth management giant NCB Capital is initiating an intensive 12-month campaign of Shari'ah compliant funds launches as it…
Imams Learning Islamic Finance
Abdullah Nana, an imam at the Islamic Center of Mill Valley, Calif., just north of San Francisco, has a distinct…
The Guernsey Experiment
AS WEARY TROOPS returned from a protracted foreign war, they encountered a land racked with debt, high prices and a…
Norton Rose loses Islamic finance chief to KPMG
Norton Rose's global Islamic finance head Neil Miller is leading the firm to join accountancy giant KPMG. Miller will be…