Turkish Deputy PM For Rapid Growth In Islamic Banking
The Turkish deputy Prime Minister in charge of the economy, Mehmet ªimºek, stressed the high growth potential of Islamic banking,…
Regulation, Risk & Compliance
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Turkey expected to tighten corporate bond regulations in response to defaults
Recent development On February 1, 2016, a Turkish issuer of corporate bonds announced that it had defaulted on its…
QCB Governor Says Qatar Banks Record Good Growth in 2015
HE the Governor of Qatar Central Bank Sheikh Abdullah bin Saud Al-Thani said Qatar's banks recorded healthy growth in 2015…
Swiss Private Bank Loses Appeal and Pays the Sum of $35 Million
The two defendants in the biggest ever financial mis-selling case in the GCC region, Swiss Private Bank J. Safra Sarasin,…
Executive Director of Securities Commission Malaysia to speak at Responsible Finance Summit
The Responsible Finance Summit today announced that Mr. Zainal Izlan Zainal Abidin, Executive Director of Islamic Capital Market at Securities…
Turkish deputy PM Şimşek projects rapid growth in Islamic banking
Highlighting that the share of Islamic banks within the banking and financial system is nearly 5 percent, deputy prime minister…
Qatar banks record good growth in 2015: QCB Governor
The Governor of Qatar Central Bank Sheikh Abdullah bin Saud Al Thani said Qatar's banks recorded healthy growth in 2015…
AUB acquires 40 percent shares of MEFIC Capital
Ahli United Bank Group, a pan GCC banking group, has obtained the necessary regulatory clearances to acquire 40 percent shares…
UAE Central Bank to put in circulation revised Dh200 note today
The Central Bank of the United Arab Emirates has announced that it will put a new Dh200 denomination currency note…
Integration of Arab Banking Practices among concerns at Annual Arab Banking Conference
The Union of Arab Banks (UAB) will consider ways of achieving Arab banking integration during the Annual Arab Banking Conference…
Kuwait's Zain writes to Iraq PM to complain of treaty breach -source
Kuwait's Zain, which has $430 million frozen in Iraqi bank accounts, has written to Iraq's prime minister saying Baghdad had…
Income tax department examining HSBC reply in blackmoney case: CBDT
The Income Tax department is scrutinising a reply sent to it by HSBC bank after the taxman recently issued notices…