BisB net profit rises 23pc to $7.9m
Bahrain Islamic Bank has registered a net profit of BD3 million ($7.9 million) for the first quarter of this year,…
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Kuwait Finance House pivots to Turkey as it mulls Malaysia exit
Kuwait Finance House is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for…
UAE Exchange’s mobile application wins Pan Arab Excellence Award
UAE Exchange received the Pan Arab Excellence Award for its mobile application. Pan Arab Excellence Awards aim to serve as…
Barclays and Invapay team up to provide new payment service across the UAE
In collaboration with Barclays in the UAE, Invapay announced today the launch of "ePayment - Purchase and Pay", which opens…
SICO posts net profit of BD 1.4 million for first quarter of 2015.
Securities & Investment Company, licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today its financial…
Khaleeji Commercial launches new financing product
Khaleeji Commercial Bank, a leading Islamic retail bank in Bahrain, has launched a new corporate financing product, I'teman Financing. …
UGB announces results for the first quarter of 2015
United Gulf Bank B.S.C. has announced a net profit attributable to shareholders of parent of US$ 2.1 million for the…
Standard Chartered Bank Chooses Jive To Help 90,000 Employees Collaborate Globally
Jive Software, Inc. today announced that Standard Chartered, a leading international banking group, has selected Jive's enterprise communication and collaboration…
Markaz announces profits of KWD 1.3 for Q1 2015
Markaz total asset under management were up 10 per cent to reach to KWD 1.12 billion in the end of…
Sukuk Returns to Qatar
Qatar’s second-biggest Islamic lender may sell the nation’s first sukuk in more than 17 months, according to two people with…
GFH wins legal case amounting to $90.64 million against its ex-Chairmen
The verdict amounts to $90.64 million plus a five per cent annual interest starting from 13th March 2014 until the…
Kazakhstan builds Islamic expertise as Russia ramps up efforts
Kazakhstan is drawing on Dubai’s experience in efforts to bring more sukuk products to its stock exchange. It hopes to…