Global prudential body to fine-tune oversight of Islamic finance
The body governing prudential standards in global Islamic finance plans to tighten oversight of market practices and revise capital adequacy…
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Ahli United Bank honours long service employees
The loyalty, dedication and long-term commitment of Ahli United Bank staff members was celebrated at a special ceremony held at…
Islamic Development Bank to elect new president next week
The Islamic Development Bank will elect a new president next week during its annual meeting to be held in Jakarta,…
Tehran timidity says more about banks than Iran
The United States really wants European banks to lend to Iran. Secretary of State John Kerry used a London meeting…
Retail Banking Country Snapshot: UAE
UAE has a well-diversified and sound financial system that plays an important role in the economy. The retail banking sector…
UAE's UAB picks banks to arrange $150 mln syndicated loan
United Arab Bank , a United Arab Emirates lender, has mandated banks for a $150 million syndicated two-year loan, it…
UAE banks have to be made accountable for admin errors
An ode to remember: Complain to your bank and it’ll say no but then it’s off to…
IDB Global Forum to Explore Role of Islamic Finance in SDGs
A global forum convened by the Islamic Research and Training Institute will consider the potential role of Islamic finance in…
Path cleared for Bank Mellat’s claim against UK Treasury
The English Court of Appeal, presided by Lord Chief Justice Thomas of Cwmgiedd, on Tuesday delivered its Judgment in the…
Lloyd’s looks to boost insurance premiums in Middle East
Lloyd’s of London is banking on under-penetration in the Middle East region to boost its gross written premiums as the…
Turkey to host Islamic 'megabank': Dep. PM Simsek
Turkish Deputy Prime Minister Mehmet Simsek said on Wednesday that the country will host an Islamic "megabank" within the year.…
Strong first quarter for QInvest
QInvest today announces a strong start to the year, with an increase of 36% revenues for the first quarter to…