Indonesia, the next big market for Dubai Islamic Bank?
Indonesia is a very exciting market. It is the largest, most densely populated Muslim market, with around 250 million…
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Private returns
International reports suggest that the Middle East is currently the world’s second fastest growing region in private wealth, trailing only…
Bank of Khartoum turns to Path Solutions core banking system for UAE move
Bank of Khartoum is implementing Path Solutions’ iMAL Islamic core banking system for its new branch in the United Arab…
Here are the countries whose wealthy stash their riches in offshore havens
The rich use offshore tax havens when they live near Switzerland, are from a country stocked with natural resources, or…
Microsoft Enters Into Blockchain Contract with Hapoalim
Microsoft Corp.MSFT is fast gaining traction in blockchain technology. The company has made impressive progress in recent times through…
Conditions Conducive for Islamic Finance Expansion in Morocco- Al Baraka Bank
Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance…
Global expands its real estate holdings in the UK
Acting on behalf of its clients, Global Investment House has unconditionally contracted to acquire two institutional grade retail warehouses in…
Dubai Islamic Bank: Shari’ah-compliant DNA
Dubai Islamic Bank is the longest-established modern Islamic bank. It is also one of the leading financial institutions in the…
Al Hilal Bank issues $100million private placement Sukuk under its Euro medium term note programme
Aiming to diversify its funding base and tenors, Al Hilal Bank has issued a US$100 million private placement Sukuk. …
Abu Dhabi weighing sale of 24 pct stake in insurance firm ADNIC-sources
State-backed Abu Dhabi Investment Council is weighing the sale of its nearly 24 percent stake in Abu Dhabi National Insurance…
Al Hilal Bank appoints Jasem AlHosani as Head of Compliance
“Leading organisations are under an obligation to renew themselves in order to stay ahead. With established professionals who have a…
Bahrain introduces mandatory IESCA
In a major attempt to establish industry leading Sharia governance principles and practices in Bahrain, the Central Bank of Bahrain…