Qatar's Ahli Bank deploys SunGard risk reporting tech
Ahli Bank Q.S.C, a leading Qatari bank specializing in retail and corporate banking, has deployed SunGard’s risk solutions to enhance…
Regulation, Risk & Compliance
8959 articles found
Banks behaving badly: can Middle East sector profit?
The reputation of international banking is under scrutiny once again over another scandal, this time in the foreign currency trading…
Urgent need for training bankers in Islamic finance
With Islamic finance (IF) and Islamic financial products (IFP) growing popular worldwide, there is an urgent need for training bankers…
Islamic finance body IIFM launches collateralised murabaha standard
The Bahrain-based International Islamic Financial Market (IIFM) has launched a standard contract template for collateralised murabaha transactions, aiming to boost…
Convergence between Shari’a and traditional accounting standards?
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is reportedly working with the International Accounting Standards Board…
Baker & McKenzie Habib Al Mulla advises Hasan Ismaik on sale of significant stake in Arabtec to Aabar Investments PJSC
Leading UAE law firm Baker & McKenzie Habib Al Mulla has advised Hasan Ismaik, the former CEO of the Dubai-based…
Service tax ‘to have no impact’ on remittances
The recently introduced service tax on remittance fee is unlikely to have an impact on foreign exchange inflow from non-resident…
Mashreq establishes Corporate Alliance with anti-fraud organisation
H.E. Abdul-Aziz Al-Ghurair, CEO of Mashreq, commented, “We are proud to be the first Bank in the Middle East to…
Islamic finance body picks up pace with new standards
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions has issued two new shariah standards, revised three others and…
Seychelles Central Bank takes control of beleaguered Bank of Muscat International Offshore
Scarcely three weeks after the announcement that relations between the Bank of Muscat International Offshore (BMIO) and its correspondent bank…
QIB adds new security feature
To provide customers with world-class services along with the latest security features, Qatar Islamic Bank (QIB) has announced a new…
Kroll appoints new MD for financial investigations team based in Dubai
Kroll has announced the appointment of John Tudorovic as managing director and head of its financial investigations team in Dubai. …