Alizz islamic bank opens new branch in Sohar
The 551 square metres property was inaugurated on December 25 at a prominent location at the heart of Sohar, facing…
Regulation, Risk & Compliance
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Kingdom’s female investors warned against swindlers
A number of Saudi working women are falling prey to scammers in an attempt to hide their savings and properties…
National Bonds Corporation Signs Strategic Agreement with Aafaq Islamic Finance
National Bonds Corporation PJSC ( National Bonds ), the leading sharia-compliant savings and investments company in the UAE, has signed…
Dubai's financial district hires ex-Emaar exec as deputy CEO
A former Emaar Properties senior executive has been appointed deputy CEO of the Dubai International Financial Centre (DIFC) Authority, it…
Tamwily, SRB in deal to meet shariah compliance needs
Saudi Arabia-based finance company Tamwily and Shariyah Review Bureau (SRB) have signed a partnership deal covering shariah supervision, monitoring and…
US Court Directs Bank Creditors To File Claims
A US court has directed the "reorganised Arcapita Bank BSC" to initiate transfer of claims by eligible holders. Through…
Russian Banks Warm to Shariah as Crisis Looms: Islamic Finance
Russian lenders are stepping up efforts to tap Islamic finance as international sanctions and a slump in oil prices push…
KFH: USD 350 Mln Syndicated Club Murabaha Facility for KFH-Turkey with Participation of 12 Global and Regional Banks
Kuwait Finance House has announced the successful conclusion of USD 350 Mln syndicated club murabaha facility for KFH -Turkey. …
Interview: Julius Baer CEO On Bank’s Mid-East Growth Plans
It’s around 10 am on an expectedly sunny Dubai morning as I’m escorted through to a dining table in the…
Turkey’s regulator puts Adabank up for auction again
Turkey’s Savings Deposit Insurance Fund will auction off Adabank on Feb. 4, 2015 after previous auctions did not yield results,…
Oman’s Bank Dhofar to raise capital as much as $300m
Oman’s Bank Dhofar, the third-largest lender in the sultanate by assets, plans to boost its capital by issuing up to…